Latest News on Banned Notes
Showing of 0 - 10 from 15 results
Banned Notes - Total results - 15
Jan 07, 2019
Nepal writes to RBI to declare banned new Indian currency notes legalNepal has asked the RBI to declare newly circulated Indian currency notes of denominations higher than Rs 100 legal tender in the country, according to a media report on Sunday.
Sep 02, 2018
Why did govt go after cash component of black money? It only accounts for 5% of total tax evaded incomeArray
Aug 30, 2018
Losses from demonetisation are huge, gains vague; NDA govt should gracefully accept setback a la Virat Kohli and ISROThe demonetisation exercise cost Rs 8,000 crore while the money that did not come back amounted to Rs 10,720 crore.
Aug 28, 2018
Govt rectifies anomaly, allows law enforcement agencies to hold confiscated currency notes beyond specified limitsUnder the Specified Bank Notes (Cessation of Liabilities) Act, 2017, banned currency notes beyond a certain limit could be held only by the Reserve Bank, its agencies, or other person authorised by it
Nov 10, 2017
Demonetisation: Why are RBI, govt mum on banned notes floating in other countries, currency exchanges?It is the duty of the government and the monetary authority of a country to fulfill the promise given to the holder of currency notes that their value will be protected
Sep 05, 2017
Demonetisation: No information on amount of black money extinguished, RBI tells Parliamentary panelThe Reserve Bank said it has "no information" whether demonetisation is being planned to be implemented at regular intervals.
Sep 01, 2017
Demonetisation: Govt scrambles for defence as criticism mounts after RBI data on banned notesThe finance ministry rushed out a lengthy statement detailing the positive impacts, including improved tax collection, a widening of the tax base and new information on possible tax evaders.
Jul 13, 2017
Urjit Patel on counting banned notes: Staff working round the clock but process still onMembers of Parliament Standing Committee on Finance, who questioned Urjit Patel, are dissatisfied that he could not yet give a conclusive figure.
Mar 31, 2017
Notes ban kicks in from 1 April: Don't hold more than 10 notes of Rs 500, Rs 1000 from tomorrow , it's illegalThe deadline to exchange the notes for people other than NRIs had ended on 31 December itself
Jan 19, 2017
Demonetisation: Urjit Patel says RBI pumped in Rs 9.2 lakh cr of new notesThe Parliamentary panel will summon Patel again after the upcoming parliament session.