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Individuals, Corporates To Be Fined For Using Cryptocurrencies: Draft Law
Indian companies and individuals are unlikely to be allowed to pull a Tesla and stash excess cash in cryptocurrencies that have been on an eye-popping surge if a new bill proposed by the government is cleared by parliament.
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"Would Amount To Raiding RBI": Arvind Subramanian On Using Up Surplus
Former Chief Economic Adviser Arvind Subramanian on Saturday said the independence of the Reserve Bank of India was vital, and any attempts by the government to coerce the central bank into parting with its cash would amount to a "raid".
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Poll Body Lowers Daily Cash Transaction Limit Of Campaigning Candidates
In a bid to check excess flow of money in electioneering, the Election Commission (EC) has lowered the limit of cash transactions by candidates for campaigning purposes from Rs. 20,000 to Rs. 10,000 per day. In an instruction sent to all chief electoral officers, the poll panel said that for transactions beyond Rs 10,000, the candidates and parties...
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Arun Jaitley Bats For Cashless Economy In Bangladesh
Finance Minister Arun Jaitley today encouraged developing countries to emulate India's initiatives towards a less cash-based economy, saying excessive cash harms the poor, supports corruption and leads to terror activities.
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'Unusual Deposits' Of Rs 1.7 Lakh Crore During Demonetisation: RBI Paper
Prime Minister Narendra Modi on November 8 had announced demonetisation of Rs 1,000 and Rs 500 notes valued at Rs 15.4 lakh crore
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The Rs 150 Bank Charge: What It Means For You In 10 Points
Leading private bank HDFC has announced savings account customers will have to pay a Rs 150 charge for cash deposits or withdrawals in excess of four free transactions at bank branches. The development puts the HDFC's charges for transactions at par with its two competitors - ICICI and Axis banks - that had also suspended charges to be paid for cus...
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Penalty Of Equal Amount For Receiving Cash Over Rs 3 Lakh: Centre
In a bid to check generation of black money, a steep penalty awaits those accepting cash in excess of Rs 3 lakh, beginning April 1, to settle any transaction. A ban on cash transaction of more than Rs 3 lakh has been proposed in the Budget for 2017-18.
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Report excessive facial hair in your neighbourhood, get cash reward
Authorities in China's restive Xinjiang region are offering cash to informants who report on neighbours with excessive facial hair, state media has reported.
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IPL biggest match fixing threat: ICC
The ICC has expressed concern over multi-million dollar IPL being susceptible to match-fixing because of twin reasons of excessive cash involved.
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Individuals, Corporates To Be Fined For Using Cryptocurrencies: Draft Law
Indian companies and individuals are unlikely to be allowed to pull a Tesla and stash excess cash in cryptocurrencies that have been on an eye-popping surge if a new bill proposed by the government is cleared by parliament.
-
"Would Amount To Raiding RBI": Arvind Subramanian On Using Up Surplus
Former Chief Economic Adviser Arvind Subramanian on Saturday said the independence of the Reserve Bank of India was vital, and any attempts by the government to coerce the central bank into parting with its cash would amount to a "raid".
-
Poll Body Lowers Daily Cash Transaction Limit Of Campaigning Candidates
In a bid to check excess flow of money in electioneering, the Election Commission (EC) has lowered the limit of cash transactions by candidates for campaigning purposes from Rs. 20,000 to Rs. 10,000 per day. In an instruction sent to all chief electoral officers, the poll panel said that for transactions beyond Rs 10,000, the candidates and parties...
-
Arun Jaitley Bats For Cashless Economy In Bangladesh
Finance Minister Arun Jaitley today encouraged developing countries to emulate India's initiatives towards a less cash-based economy, saying excessive cash harms the poor, supports corruption and leads to terror activities.
-
'Unusual Deposits' Of Rs 1.7 Lakh Crore During Demonetisation: RBI Paper
Prime Minister Narendra Modi on November 8 had announced demonetisation of Rs 1,000 and Rs 500 notes valued at Rs 15.4 lakh crore
-
The Rs 150 Bank Charge: What It Means For You In 10 Points
Leading private bank HDFC has announced savings account customers will have to pay a Rs 150 charge for cash deposits or withdrawals in excess of four free transactions at bank branches. The development puts the HDFC's charges for transactions at par with its two competitors - ICICI and Axis banks - that had also suspended charges to be paid for cus...
-
Penalty Of Equal Amount For Receiving Cash Over Rs 3 Lakh: Centre
In a bid to check generation of black money, a steep penalty awaits those accepting cash in excess of Rs 3 lakh, beginning April 1, to settle any transaction. A ban on cash transaction of more than Rs 3 lakh has been proposed in the Budget for 2017-18.
-
Report excessive facial hair in your neighbourhood, get cash reward
Authorities in China's restive Xinjiang region are offering cash to informants who report on neighbours with excessive facial hair, state media has reported.
-
IPL biggest match fixing threat: ICC
The ICC has expressed concern over multi-million dollar IPL being susceptible to match-fixing because of twin reasons of excessive cash involved.
