Searched for
CASH DEMONETISATION
Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...- RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulationReserve Bank of India's spending on printing money dropped significantly. This happened even as the total value of currency in circulation ...
- RBI rate cuts partly passed on to borrowers in FY26, lending rates fall but not fully: ReportRBI's repo rate cuts in FY26 were only partially passed on to borrowers, with lending rates declining but not matching the full policy redu...
- Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisationThe Indian economy is witnessing a historic milestone as the currency in circulation hits 42.3 trillion rupees. This remarkable jump of mor...
- Direct tax mop-up misses FY26 target; Collections rise 5%India's direct tax collections saw a modest rise in FY26. However, the total mop-up missed the revised target by ₹81,000 crore. Both corpor...
- US-based son gets tax notice in India over Rs 11 lakh cash deposit made on behalf of parents during demonetisation; ITAT Delhi cancels notice for this reasonA US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...
- Deposited Rs 80 lakh cash during demonetisation: ITAT rejects property purchase claim, calls it unexplained incomeA Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...
- Six years since demonetisation, massive jump in cash with public at Rs 30.88 lakh crAt Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight ended November 4, 2016. On N...
- ATMs run dry across India: Here is what is happening across IndiaThere are reports of ATMs running dry from states like Delhi, Uttar Pradesh, Telangana, Andhra Pradesh, Maharashtra, Gujarat, Chhattisgarh,...
- Arun Jaitley calls demonetisation "watershed moment", says will make India a clean economyHe took on the Congress-led UPA government saying that it was all about policy paralysis whereas the present BJP-led NDA govt is all about ...
- Cash in short supply as note crunch returnsAccording to industry insiders, ATMs are not being filled to the maximum capacity of around Rs 30 lakh because of insufficient cash supply .
- Demonetisation to permanently erode cash worth Rs 1.7 lakh crore: SBI researchThe decline in cash withdrawals is intriguing even as limits on withdrawals have been removed completely from March 13, according to SBI’s ...
- 70% want charges imposed on cash transactions to be removed: SurveyWhile banks are posing this move as another step towards making India a cashless economy, consumers are calling it a bad decision, accordin...
- Attention! Cash hoarders on the loose at ATMsSupply of currency has risen to about 80-85% of pre-demonetisation levels but the fear of not having enough hard cash in hand is driving pe...
- Note ban goof-up? I-T dept names even small depositorsThe tax department had threatened to issue notices if there was no response by Friday. These deposits added up to nearly Rs 4.2 lakh crore.
- Cash withdrawal restrictions likely to go away by February-endThe RBI recently raised the ATM withdrawal limit to Rs 10,000 a day but maintained the weekly cap at Rs 24,000 for saving A/C and Rs 1 L fo...
- Government may lower limit for quoting PAN number for cash transactionsIn addition to this disincentive, the government may also announce cash-handling charges for cash payments above a certain limit.
- Cash crunch should be over by February, but RBI may not replace all notesRBI usually prints around 20-23 billion pieces per year, and a 50% increase in capacity could mean that all the four presses have a capacit...
- Government must adhere to notification on Rs 24,000 weekly withdrawal: SCKapil Sibal said that under the RBI notification, one is allowed to withdraw Rs 24,000 per week and no one could be denied this right.
- Demonetisation: From cash to less cash to cashlessET examines the prospects of a cashless world, the experience of other countries and more.
Load More
