Government policies
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
Government to forgo tax on card transactions below Rs2,000
08 Dec 2016
Considering that 50-60 per cent of digital transactions in India are sub-Rs2,000 in value, this will cause a big revenue loss for the government
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