Just after two months of the announcement of the demonetisation policy, fake Rs 2,000 notes were pushed by smugglers through the porous India-Bangladesh border, said official sources as per a report in The Indian Express, referring to the recent seizures and detentions made by the National Investigation Agency (NIA) and[Read More…]
The government on Saturday extended the deadline for reply to SMS or e-mail queries from the income tax department on cash deposits made post demonetisation by 5 days to February 15. “Time limit for filing of online response to cash deposit data extended! Now you can file your details by[Read More…]
Central government is considering a proposal to rename all existing airports as well as future greenfield airports after the names of the respective cities and not after any personality, The Indian Express reported. According to the report, the government is examining the proposal and is expected to take a decision[Read More…]
Rs 7.3 crore in currency and 5.5 kg gold have been seized by Enforcement Directorate (ED) during search operations post demonetisation, the government said on Tuesday. 18 persons were arrested and 17 other where identified in relation with the alleged money laundering activities following demonetisation move, Finance Minister Arun Jaitley[Read More…]
In a major step towards digital transactions, PoS machines for credit/debit card as well as Aadhaar-based transactions will be installed at all PDS shops and fertiliser depots over the next few months. Over 1.7 lakh PoS machines have already been installed at public distribution system (PDS) shops and more will[Read More…]
The Reserve Bank on Thursday said it will soon put into circulation new Rs. 100 denomination notes in market. New Rs 100 notes will be similar to the design of the ones in Mahatma Gandhi Series-2005. “The Reserve Bank will shortly issue Rs 100 denomination banknotes in the Mahatma Gandhi[Read More…]
Slamming union budget 2017, Former Union Finance Minister and Congress leader P Chidambaram on Thursday said that framing community has been cheated. “People have already stopped talking about the budget, 24 hours after it was presented,” Chidmbaram said. He added, ”I don’t think this will have any impact on state[Read More…]
Income Tax department on Thursday asked taxpayers to verify online the deposits they have made in their accounts post demonetisation and respond to queries of any mismatch. The department is using data analytics for comparison of deposits made after the November 8 decision to scrap high-value banknotes with information in[Read More…]