Page 21 - Demonetisaton

Staff crunch: Taxman may not be able to scan more than 700,000 bank deposits

Only about 1% of total assessees might be probed; warning against parking cash in others' accounts

Opposing demonetisation against country's interest: Devendra Fadnavis

He adds, person standing with PM Modi will become a soldier in this battle, and one who doesn't will be against the country

Amul's efforts to go cashless receives a boost

Drive has been on for over a year and the Gujarat govt recently issued an advisory to district milk unions to route all milk transactions through banks

Farmers want government to allow old notes to buy fertiliser

The govt should allow the farming community to use old Rs 500 and Rs 1,000 notes to purchase fertiliser, say farmers

Rajya Sabha MP writes to NHRC on demonetisation

Manner in which Centre has gone about demonetisation has created a deep insecurity and confusion among people, says Congress

Voltas: Near-term challenges increase

Voltas' earnings prospects, particularly its unitary cooling products business has been offsetting the weak show of the company's non-retail businesses

10% of withdrawn cash comes back in the system

According to data from the RBI, public have withdrawn Rs 1,03,316 cr from their accounts either over the counter or through ATMs between Nov 10 and Nov 18

Hit by demonetisation, MFIs plan to go cashless

According to RBI norms, SFBs are required to be operational by April next year

Exporters seek higher cash withdrawal limit: Nirmala Sitharaman

She adds, exporters demanded an increase in the withdrawal limit from Rs 50,000 a week to up to Rs 5 lakh

Rajasthan industries staring at Rs 1 lakh crore loss, says Forti

Decision taken against black money is worth welcoming but this was taken without proper arrangements, says Anurag Sharma, acting president of Forti

Jewellers in Delhi shut shops for 11th day after I-T survey

The survey operations were carried out in at least four locations, including the popular Dariba Kalan, Chandni Chowk and Karol Bagh.

Gold worth $2.1 bn imported within nine days of demonetisation

Bullion traders are giving multiple reasons for this. First, the gold market has been destabilised

Cost of demonetisation for India Inc: Stranded trucks, unpaid workers, cancelled bills

just the small stock of smaller denomination notes available and a struggle to get hold of new bills, consumers are holding back.

Jewellers hit, offer 1% discount on gold for online transfer of funds

Lack of demand hits jewellery business; jewellers fear liquidity problem in future

Suspect cash: I-T Dept warns violators will face seven years in jail

The taxman has initiated a country-wide operation to identify suspect bank accounts where huge cash deposits have been made post Nov 8

Demonetisation's impact on GDP growth won't be very significant in FY17: Bibek Debroy

Interview with the NITI Aayog member

Time to make compliance better

Small businesses, self-employed professionals have to gear up for higher scrutiny of their income, expenses

Politicians grin and bear it

Many have lost significant wealth due to the govt's move but there are no estimates on the extent because of lack of records

Politicians under whom chit-fund scams prospered now raising a finger at me: PM on Mamata

Decision on currency notes was not taken to trouble anyone, it is taken to safeguard future of our youth, says Narendra Modi

Eight steps to prevent creation of black money in post-demonetisation era

SES says more measures needed; suggests taxing cash transaction and agricultural income among others