Page 10 - Black Money

Demonetisation is demonic, unsystematic and led to financial anarchy: Shiv Sena

'instead of striking Pak, Modi has struck and wounded Indian citizens and mocked their nationalism,' Sena said

Give me 50 days, I will give you India you desired: Key takeaways from Modi's speeches

Modi said it was 'a secret operation I started 10 months back and had formed a small team'

Demonetisation: Garment business hit hard amid wedding season

To make things worse, the already-placed orders with the garment manufacturing units are being scrapped

Kolkata: Sack full of banned Rs 500, 1000 notes found in garbage bin

Torn and damaged currency notes of the banned denominations were found in a garbage bin in south Kolkata's Golf Green area on Sunday morning,

BJP MP to release list of companies with black money

Kirit Somaiya said this after Uddhav Thackeray dared Modi to conduct 'surgical strikes' on Swiss banks to bring black money

India's crackdown on black money will help financial system:EU

Bringing transparency will strengthen Indian economy and spur growth, Vice-President of European Commission Jyrki Katainen

PM warns of more action to unearth black money

FM says it will take 2-3 weeks for all ATMs to be reset; RBI says cash stock enough, advises people against rush to exchange notes

Black money: PM Modi says will check records since Independence, no violator to be spared

He said if the money that surfaces in the banking system comes without its legitimacy then there will be proper scrutiny

Attest your ID proof, carry more than 1 card: What you should do at ATMs, banks today

There are chances that unassigned PAN and ID proof copies may be circulated and photocopied several times

Economic emergency: Oppn lashes out at Modi for demonetising Rs 500, Rs 1,000 notes

Modi has announced demonetisation of Rs 1,000 and Rs 500 notes, making these notes invalid

ATMs go dry soon after opening; queues continue at banks

Banks are witnessing heavy rush on the second day as people gathered to get new banknotes in exchange of old bills

Demonetisation creates problems for political parties in fund disbursal

The move has put some candidates in tight spot, who were otherwise aiming to lure voters with high-value notes, sources said

BJP claims Rs 6 lakh cr of unaccounted money will return to the system

The money would be spent on welfare schemes for the poor, modernising of defence forces, and improving schools

Going to currency exchanges with old notes? The taxmen are watching you

The government has appealed to people to not indulge in such kind of money exchange

Rs 500, Rs 1,000 notes no longer legal tender: Here's where you can still use them

Since the late-evening announcement on Tuesday, people have been struggling for information on where they can use the existing currency notes

Govt tightens vigil on donation to temples, FDs in co-op banks to contain black money

There has been a surge in donations to temples immediately after the announcement, says govt official

In Zaveri Bazar and Chandni chowk, you can exchange Rs 1,000 for Rs 600

The businessman would deposit money with the banker and then take back 80% of the money after some time with the balance 20% remaining with the banker as a facilitation fee.

Watch: Banks reopen today, people throng to deposit old notes

Several banks have announced extended working hours on Thursday with dedicated counters for exchanging currency notes

Watch out for the 200% penalty: Deposit only what you can account for

The tax defaulter could also attract prosecution under Section 276C of the Act, with imprisonment from three months to seven years with fine

200% penalty for income mismatch, banks open on Sunday: What you should know about demonetisation

Mismatch between deposited sum and income declared would attract up to 30% income tax and 200% of tax liability as penalty