After targeting individuals who made large cash deposits in banks during or after demonetisation, the income-tax department is now going after businesses that deposited lots
The Opposition in Rajya Sabha today asked Finance Minister Arun Jaitley to clarify whether the government has decided to scrap the newly launched Rs 2,000
It commenced with an operation to cleanse Black Money that is still ongoing under different names. It continued with merging the Railway Budget with the
The Income Tax department is probing over 30,000 cases of alleged tax evasion wherein the returns (ITRs) were revised by assessees post demonetisation, CBDT chief
The Reserve Bank will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of Rs 500/1000 denomination.
Bajaj AutoBSE -0.22 % chairman Rahul Bajaj questioned whether demonetisation had achieved its aims while applauding the government for implementing the goods and services tax
Fake currency having face-value of over Rs 11.23 crore was detected in 29 states post demonetisation, the government informed Parliament today. In a written reply
When industry had expressed concern that the anti-profiteering initiative may evolve into a modern-day inspector raj, it was assured that this wouldn’t be the case.
It is too soon to determine the overall effect of the goods and services tax, or GST. Certainly, the roll-out, while expectedly disruptive, has not
Paytm Mall, owned by Paytm E-Commerce Pvt Ltd, is revamping the onboarding process for sellers and has delisted as many as 85,000 of them to
Transactions through debit and credit cards rose by merely seven per cent post demonetisation, as against a surge of over 23 per cent in overall
Over 5.5 lakh people who deposited cash during the demonetisation drive are set to get a call from the income tax department while another one
In hot pursuit of black-money hoarders who may have made high-value cash deposits during the demonetisation window, the Income Tax Department has identified an additional
Taking a scathing jibe at Reserve Bank of India Governor Urjit Patel, senior Congress leader P Chidambaram on Monday questioned the timing of central bank’s
Steadfast supporters of the Bharatiya Janata Party, Small traders have been bitten twice by its government in quick succession. In November, demonetisation sent them scurrying
Much to the government’s relief, the first few days after the roll-out of the goods and services tax (GST) have seen very little disruption in
Advance tax payments for the current financial year by individuals rose more than 40% in the June quarter from the year-earlier period. Meanwhile, the government
A day after launching the goods and services tax regime, Prime Minister Narendra Modi reasserted his government’s commitment to curbing black income and tax evasion.
Financial regulators seem to have acknowledged that in India, cash is king. A little over seven months after demonetisation, as on June 16, the currency
While usage of debit and credit cards at POS have been dwindling, transactions through the mobile have been on the rise Has the Centre’s demonetisation