The Constitution Bench of the Supreme Court on Wednesday deferred the hearing the pleas challenging the Centre's decision to demonetize currency notes of Rs. 500 and Rs 1,000 in 2016 for November 24 and said that they want to conclude the hearing on this issue this year.
The currency with the public is now over 70 per cent higher than in comparison to that of the initial demonetization period. On November 4, 2016, the currency with the public was reported to be at Rs 17.77 lakh crore.
New Delhi [India], July 18 (ANI): The volume of notes in circulation in India increased by nearly five per cent, making it 1,30,533 in million pieces during the financial year 2021-22, said the Minister of State in the Ministry of Finance, Pankaj Chaudhary in a written reply to Lok Sabha.
New Delhi [India], May 21 (ANI): Economic Offences Wing (EOW) of the Delhi Police has arrested three persons for allegedly committing VAT fraud and tax evasion by depositing huge cash in the fake accounts during demonetization, the police said on Friday.
Mumbai (Maharashtra) [India], February 25 (ANI): The Bombay High Court on Friday directed the Reserve Bank of India (RBI) to allow a petitioner, Kishor Sohoni to exchange Rs 1.6 lakhs worth of demonetised notes.
Amethi (Uttar Pradesh) [India], December 18 (ANI): Congress leader Rahul Gandhi on Saturday slammed the BJP-government at the Centre and said demonetization and "flawed" implementation of Goods and Services Tax (GST) were among major factors for unemployment in the country.
New Delhi [India], November 8 (ANI): Congress General Secretary Priyanka Gandhi Vadra on Monday hit out at the Centre for calling demonetisation a success and asked if the step had been successful, why hasn't corruption ended and black money failed to return to the country.
Hyderabad (Telangana) [India], February 1 (ANI): Directorate of Enforcement on Monday attached the movable and immovable assets worth Rs 130.57 Crore of Musaddilal Gems and Jewels Private Limited among others in a demonetization scam case.
New Delhi [India], December 26 (ANI): The Economic Offences Wing (EOW) of Delhi Police has arrested a man for allegedly opening seven bank accounts with forged documents and routing black money to the tune of Rs 9 crore through them.
Murshidabad (West Bengal) [India], November 8 (ANI): Congress MP Adhir Ranjan Chowdhury on Sunday said those who had black money, have converted it into white money while launching a verbal attack on the central government on the fourth anniversary of the demonetisation.
New Delhi [India], July 24 (ANI): The National Investigation Agency (NIA) on Friday filed a supplementary charge-sheet against five accused in the Jharkhand's People's Liberation Front Of India (PLFI) terror funding case.
New Delhi [India], May 28 (ANI/NewsVoir): Alliances Galore has spent the last three months preparing for the post lockdown era where they see an even greater push for cashless transactions than demonetization and making them more relevant as they continue to help payment companies incentiviz