 "Demonetisation, note ban, Rs 1000, currency, money")
A day after the Reserve Bank of India’s (RBI’s) annual report stated that 99 per cent of high-value demonetised notes had come back into the system, the Narendra Modi government ramped up its outreach on traditional and social media in defence of demonetisation. The finance ministry said it was still hopeful of a higher dividend payment from the RBI in FY18.
Meanwhile, the Central Board of Direct Taxes (CBDT) issued additional information on black money, and said that about 14,000 properties, worth over Rs 1 crore each, were under its scrutiny, as their owners had not filed income returns.
Senior
