No income tax scrutiny on cash deposits up to Rs 2.5 lakh by housewives post demonetisation: ITATThe appellant, a housewife Uma Agrawal of Gwalior, had declared total income of Rs 1,30,810 in her income tax return filed for fiscal 2016-...
23 Jun, 2021, 02.09 PM IST
Three years of demonetisation: Cash is king in 66% of real estate transactionsA majority of Indians continue to make a substantial percentage of their total annual purchases in cash, the survey said. About 40% people ...
08 Nov, 2019, 09.18 AM IST
View: Do Team Modi's note ban claims stand the test of data? See for yourselfData suggests that demonetisation stimulated the transition to a digitally-enabled economy.
13 Sep, 2018, 06.58 AM IST
Unusual cash deposits hit Rs 1.7L cr after note ban: RBIThe share of the low-cost CASA deposits in total bank deposits increased from 35.2% in October 2016 to 40.6% in March 2017, before declinin...
17 Nov, 2017, 11.34 AM IST
Slow progress for cashless transactions a year after note banDemonetisation was aimed at reducing the cash-dependence of the Indian economy but has it's impact persisted in the year since it occurred?
14 Nov, 2017, 04.41 PM IST
Note ban a stride towards digital, formal economy, feel expertsA bone of contention between the government and the Opposition parties, the note ban was a highly secret move that shook the whole nation.
08 Nov, 2017, 07.22 PM IST
Widening of tax base most tangible benefit of demonetisation: Shobana Kamineni, president, CII"The way India has taken to digital transactions is unprecedented. Any cash-based economy has a high cost," Shobana Kamineni said.
08 Nov, 2017, 02.18 AM IST
Counter Point: Slow demonetisation would have given govt better resultsSince all demonetised notes came back, there was no money to stimulate the economy.
08 Sep, 2017, 10.33 AM IST
Cash holdings slip 20 per cent, tax payers grow 45 per cent on demonetisationIt said the number of taxpayers increased 45 per cent in 2016-17 as an effect of demonetisation, compared to 25 per cent rise in the previo...
12 Aug, 2017, 12.03 AM IST
You have seen public opinion on demonetisation: Arun Jaitley to CongressHe also appeared to be targeting former PM Manmohan Singh as he told the Congress benches to change its "advisors" who had predicted that G...
22 Mar, 2017, 09.39 PM IST
Note ban success hinges on higher tax compliance: CEA Arvind Subramanian"Before demonetisation, the cash to GDP ratio was something like 12 per cent. Going forward, that should come down if demonetisation is to ...
14 Mar, 2017, 03.18 PM IST
Cash payments at retail stores near pre-note ban levelsCash payments at hypermarket chain Spencer’s have increased from 11 per cent of overall sales in November to 25 per cent in December, and 3...
10 Feb, 2017, 12.09 AM IST
Demonetisation: The queue getting shorter but wallet is still lightThis survey attempts to understand how demonetisation has affected banks’ ability to dispense cash, as well as people’s ability to access a...
25 Dec, 2016, 04.39 PM IST
How Delhi lost a working day to demonetisationPeople of Delhi appear to have spent an additional 10.5 hours of their life going to and waiting in banks since demonetisation.
18 Dec, 2016, 07.44 AM IST
Demonetisation: Wake up & smell the revolutionThe best or the most lethal thing about demonetisation is that practically all the cash in the country will have to be cycled through a ban...
12 Dec, 2016, 11.03 AM IST
Demonetisation to slow down PC, phone sales in Q4: IDCSales of mobile phones in the quarter ending December will see a sharp sequential decline, with featurephones set to face the steepest drop...
25 Nov, 2016, 03.00 PM IST
Demonetisation in a booming economy is like shooting at the tyres of a racing car: Jean DrèzeDevelopment economist Drèze says the sudden move to demonetize high-value currency notes has created a scary situation for people who live ...
22 Nov, 2016, 11.18 AM IST