Page 100 - Demonetisation

Cash windfall for discoms as defaulters rush to clear dues

In many cases, consumers are also making advance payment; 10-fold rise in collection over normal days for some discoms

I-T lens on current account deposits over Rs 12.5 lakh

CBDT asks banks and post office to report such deposits between Nov 9 and Dec 30

Currency in circulation shrinks: RBI

Cash shortage hits small businesses such as road-side vendors, restaurants and grocery stores

Rise in black money due to election funding to political parties: Subbarao, Vinod Rai

To make the benefits of demonetisation stick, the government should immediately go for tightening "of transactions in real estate sector

Demonetisation: No 'windfall gain' deploying anytime soon

With the demonetisation of Rs 500 and Rs 1,000 notes, some Rs 14 lakh cr worth went out of circulation

Demonetisation: Textile, leather units feel heat

Most firms in these labour-intensive sectors haven't the cash to pay daily wagers

Demonetisation may hurt RBI's balance sheet temporarily

Govt bonds are used as securities against the central bank's overnight liquidity operations

Opposition corners govt on black money

Prime Minister says government open to discussion on all subjects

Opportunities amid chaos

A value-hunting mindset will not only help you reduce the impact of demonetisation on your portfolio but enable you to gain from the event

Demonetisation effect: I-T dept notices to charitable, religious

The notices were issued in order to keep a check on possible 'accommodation' of black money

Can't escape law by showing sudden jump in income: Arun Jaitley

Last week, Hashmukh Adhia said that any mismatch with income declared by the account holder will be treated as a case of tax evasion

Demonetisation: I-T surveys real estate firms in Delhi-NCR

Officials say that they conducted the exercise on at least four such entities and visited over half-a-dozen premises

No intention to demonetise Rs 100/50 notes: Govt

It also described the contention that cost of demonetisation is more than the benefits as 'myth'

Chhattisgarh becomes first state to pass resolution in support of demonetisation

Govt exempts VAT on Point of Sale device to promote e-payment

Half of ATMs to be recalibrated by next week

An official said the government has stepped up printing of new Rs 500 notes so that it can be made available to people

Demonetisation: Bankers deal with smelly currency notes, abusive customers

One banker claims notes stashed for years smell like rotten leather, others claim abuse by irate customers on phone and those in queues

Banks, POs to report cash deposits of over Rs 2.5 lakh to I-T dept

These entities will also have to report cash deposits during the period aggregating to Rs 12.50 lakh or more, in one or more current account of a person

In the time of demonetisation, Indians chasing currency, and Sonam Gupta

While there have been long queues outside banks and ATMs for valid currency, a Rs 10 note declaring 'Sonam Gupta bewafa hai' has left social media in splits

Full text of former RBI governor D Subbarao's views on demonetisation

The decision has the potential to deliver enduring gains, provided the measure is followed to its logical closure, he says

At full steam, it will take another 108 days to replace old notes

Even if India's currency presses which produce 63 million notes every day were to triple production it would take another 108 days to replace 22 billion Rs 500 and Rs 1000 notes