Government policies
Mayawati’s party deposited Rs104-cr in demonetised currency
27 Dec 2016
Reports quoting ED sources said the BSP account in Union Bank of India's Karol Bagh branch received the deposits of these demonetised currency between 2 and 9 December
Ordinance soon to ban possession of old notes beyond 30 December
27 Dec 2016
Possession of more than 10 old notes after 30 December may attract minimum Rs50,000 penalty while currency seized in raids will attract 137 per cent penalty
Modi offers no respite in black money war, extends battle to benami property
26 Dec 2016
The government on Sunday announced a reward scheme for consumers and merchants for going cashless, even as the prime minister defended frequent changes to deposit/withdrawal rules
RBI lifts limits on deposits of banned notes
21 Dec 2016
The question whether multiple deposits can be made till 30 December that people with huge cash hoards are asking remains unanswered
Govt won't allow the cash bulge again, says Jaitley
17 Dec 2016
While adequate liquidity is essential for meeting the needs of the productive sectors, there is not a direct link between excess liquidity and lending rates, according to the finance ministry
Digital economy to substitute parallel economy: Arun Jaitley
16 Dec 2016
Digital transactions will be a parallel mechanism and will not completely do away with cash transactions, but help check black money cash transactions, finance minister Arun Jaitley says
Demonetisation would help govt lower tax rates in future: Jaitley
14 Dec 2016
As more hoarded money comes into the open, future tax revenues would also be much higher, which in turn would enable the government at some stage to make taxes more reasonable, Jaitley said
Bank staff caught in note exchange racket in sting operation
13 Dec 2016
Reports say the finance ministry has received over 400 CDs of sting operations showing how the old notes from police officials, pimps and the influential were exchanged with the help of bank staff
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