Search For "notes"
Pak Senate adopts resolution seeking withdrawal of Rs 5,000 notes
Updated : 8 years, 6 months ago IST
Islamabad [Pakistan], Dec. 19 (ANI): After India, now the Pakistan Senate on Monday passed a resolution seeking withdrawal of high denomination Rs. 5000 currency notes from circulation in order to curb the flow of black money.
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RBI to issue two new series of Rs. 50 notes, old notes to remain legal
Updated : 8 years, 6 months ago IST
Mumbai [India], Dec. 19 (ANI): The Reserve Bank of India on Monday said it will shortly issue two series of Rs. 50 banknotes in the Mahatma Gandhi Series-2005 with inset letter 'L' on the one series and 'R' on the other, but the old Rs. 50 notes will continue to be legal
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Curb on old note deposits: Influential step taken to curtail any misuse, s
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 19 (ANI): Minister of State (MoS) for Finance Santosh Kumar Gangwar on Monday said, the decision taken to deposit old Rs. 500 and Rs. 1,000 notes exceeding Rs. 5000 only once per account until December 30 after a satisfactory explanation, is an influential step, asser
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Old notes exceeding Rs. 5000 can be deposited after satisfactory explanati
Updated : 8 years, 6 months ago IST
New Delhi[India], Dec.19 (ANI): The Reserve Bank of India(RBI) on Monday announced that deposits of old Rs. 500 and Rs. 1,000 notes exceeding Rs. 5000 shall be made only once per account until December 30 but after a satisfactory explanation.
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No more diamond glitter: Cash crunch hits Surat's jewellery business
Updated : 8 years, 6 months ago IST
Surat (Gujarat) [India], Dec. 18 (ANI): Since demonetisation of high value currency notes kicked in on November 8, the nation is divided over whether its benefits, both in the short and long term.
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Political parties receiving donations in old notes to be scrutinised: Jait
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec.17 (ANI): The government on Saturday reiterated that it has not made any change in the existing Income Tax law that would exempt political parties from depositing old currency in banks.
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I.T. department issues clarification of status of political parties under
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec.17 (ANI):There have been some newspaper reports which seem to wrongly suggest that there cannot be any scrutiny of Income-tax returns of political parties registered with the Election Commission in the context of deposits of old currency notes. This inference seems to
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No ordinary PM could have taken decision of demonetisation: MP CM Chouhan
Updated : 8 years, 6 months ago IST
Bhopal (Madhya Pradesh) [India], Dec. 17 (ANI): Lauding the government's demonetisation move, Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Saturday said no ordinary Prime Minister could have taken the decision to ban high-value currency notes.
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Mumbai: Rs 1.40 crore in new notes seized, four detained
Updated : 8 years, 6 months ago IST
Mumbai [India], Dec. 17 (ANI): In yet another haul of cash in Mumbai, the police has seized 1.40 crore rupees from four persons riding in a car on Juhu-Versova Link Road in suburban Andheri last evening.
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Demonetisation: PM has shown people another way of corruption, says Khursh
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 16 (ANI): Criticising the Centre's move to demonetise high-denomination notes of Rs. 500 and Rs. 1000, Congress leader and former finance minister Salman Khurshid said Prime Minister Narendra Modi has shown another way of corruption via demonetisation.
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Political parties not exempted from depositing old notes, clarifies Financ
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 16 (ANI): Putting an end to all speculations over political parties being exempted under the Income Tax law to deposit old notes, Finance Secretary Ashok Lavasa said there was no such provision against anybody.
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Cash shortage will end by mid-Jan 2017, says Amitabh Kant at FICCI's
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec.16 (ANI):The government today declared that the cash shortage induced by demonetization of high value currency notes would end by mid-January by which time about Rs. 3.5 crore of black money would be sucked out of the economy, leaving about Rs.12 crore in cash to finan
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