Search For "unaccounted money"
Note scrapping can do little to stop future generation of black money, say
Updated : 8 years, 9 months ago IST
New Delhi [India], Jan 17 (ANI): Demonetisation may wipe out the stock of black money held in cash but can do little about the ill-gotten wealth converted to assets like gold and real estate and the scrapping of high value notes does not prevent the future generation of unaccounted money, sa
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Axis Bank suspends two managers arrested by ED under PMLA Act
Updated : 8 years, 9 months ago IST
New Delhi [India], Dec. 5(ANI): Axis Bank suspended two of its managers on Monday. They were arrested by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA) case for their alleged involvement in settling of unaccounted money.
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Prez urges nation not to panic post decision to scrap Rs. 500, 1000 notes
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 8 (ANI): Welcoming the bold step taken by the government to declare that all Rs. 1000/500 currency notes will cease to be legal tender from Tuesday midnight, President Pranab Mukherjee has called upon the people not to panic as this move will help unearth unaccounted
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