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Latest Articles in black money

PM Modi Likens Political Parties Opposing Note Ban To Pakistan Helping Terrorists

In a scathing attack on opposition for stalling Parliament over demonetisation, Prime Minister Narendra Modi on Thursday alleged they were trying to 'rescue the corrupt' like Pakistan gives cover fire to terrorists to cross border

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Currency Worth Rs 5.92 Lakh Crore Issued Since Demonetisation, Says RBI

The Reserve Bank of India has said banks have issued currency worth over Rs 5.92 lakh crore to the public since the demonetisation of old high value notes last month

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Economic 'Shock' From Indian Cash Ban To Last Until March, Says Bibek Debroy

The negative shock from India's ban on high-value banknotes will last until the end of March but improved growth next year should fully compensate for the loss, a top economic adviser to Prime Minister Narendra Modi said

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PM Narendra Modi Losing Friends As Anger Grows Over Cash Crackdown

Priime Minister Narendra Modi remains by far India's most popular politician, any crack in his authority could have negative implications in state elections next year that will set the tone for his expected bid for a second term in 2019

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RBI Retracts Directive For Lenders To Question Depositors

The Reserve Bank of India on Wednesday rolled back a recent curb on cash deposits that had been put in place just 10 days before the end of the government's demonetisation deadline of December 30

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Government Okays Ordinance To Let Companies Pay Salary Via e-mode, Cheque

The Centre on Wednesday decided to bring in an ordinance to amend the Payment of Wages Act for allowing business and industrial establishments to pay salaries through cheques or electronically

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Election Commission To Ask I-T Department To Probe Finances Of 200 'Delisted' Political Parties

The Election Commission is set to write to the Income Tax authorities asking it to look into the finances of over 200 political parties it has 'delisted' over a period of time for not contesting elections

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After Initial Support, Andhra CM Chandrababu Naidu Has Problems With Demonetisation

BJP ally and Andhra Pradesh Chief Minister Chandrababu Naidu, who had initially supported demonetisation, on Tuesday did a virtual volte face, saying the decision was not as per "our wish" and that a "lot of problems" still remain without any solution in sight

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RBI Changing Rules Like PM Changes His Clothes: Rahul Gandhi

In yet another swipe at Prime Minister over demonetisation after RBI announced restrictions on depositing scrapped Rs 500 and Rs 1,000 notes, Rahul Gandhi on Tuesday said the country's central bank is changing rules "like the PM changes his clothes"

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Government To Offer Tax Benefits To Promote Cashless Economy, Says Arun Jaitley

India will offer tax incentives to small businesses engaged in cashless transactions, Finance Minister Arun Jaitley told reporters on Tuesday, as part of the government's fight against the cash economy

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Solution To Note Ban Woes Still Out Of Reach, Says Andhra CM Chandrababu Naidu

Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday said demonetisation was not what they wished for, adding he was still breaking his head as a solution to the ongoing (currency) crisis remained elusive

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Deposit Banned Currency Notes In One Go To Escape Queries, Says FM Arun Jaitley

After tightening rules for depositing old 500 and 1000 rupee notes, Finance Minister Arun Jaitley has said no questions will be asked if any amount of junked currency is deposited in one go but repeated deposits may raise queries

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Axis Bank Suspends Some Suspicious Accounts

Hit by irregularities by some of its employees, Axis Bank on Monday said it has taken "unprecedented step" of temporarily suspending some of the suspicious accounts and has a rigorous compliance procedure

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Demonetisation | Opposition Trying To Defend The Dishonest, Says PM Modi

Scaling up his attack on Opposition over demonetisation issue, Prime Minister Narendra Modi on Monday alleged Parliament was not allowed to function as opposition parties were trying to defend the dishonest and were running away from a debate on the issue of corruption and black money

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Demonetisation | Government Tightens Norms For Deposit Of Old Currency Notes

Tightening rules for depositing junked 500 and 1,000 rupee notes, the government on Monday said individuals can deposit over Rs 5,000 in old currency bills only once until December 30 and that too after explaining why it had not been done so far

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