Congress holds protest against note ban

Asserting that she will continue her fight for the people, Banerjee challenged the government to take any action against her. "I am not scared. I will continue my fight. If you have courage, put me in jail, shoot me."

LG instructs Delhi Police to deploy adequate staff at banks/ATMs and assist elderly, women, sick and other vulnerable people standing in queues (ANI)

Gave these questions to RBI. pic.twitter.com/npsP2LreDs

— Arvind Kejriwal (@ArvindKejriwal) November 17, 2016

Reports TOI's Naresh Mitra.

CPI-M led LDF government in Kerala on Thursday said it fears a tax slump of Rs 2,000 crore this month due to slowdown in trade and business in the wake of cash crunch following demonetisation. Chief minister Pinarayi Vijayan criticised the Centre for not allowing primary societies and district cooperative banks to exchange old notes and said there was a "political conspiracy" to wreck the sector. "Centre's decision has to be viewed in the background of state BJP leaders repeated statement that cooperative sector in the state is storehouse of black money," he said.

Govt’s new guidelines are good; Ppl wait in long queues for lot of things, we can do the same for a good cause: Patna local #DeMonetisation pic.twitter.com/1aALNkdcrx

— ANI (@ANI_news) November 17, 2016

Finding it difficult to buy seeds, cut crops; whole day goes to waste if we need cash: Farmer in Siliguri #DeMonetisation pic.twitter.com/tMBG7qDjV1

— ANI (@ANI_news) November 17, 2016

The government put a strong defence of its decision on demonetisation on Wednesday, claiming PM Narendra Modi has delivered on his mandate to curb corruption and that the courageous move is a befitting response to criticism that it works for big business.

In a series of tweets, the government described as "myth" a rumour that the Prime Minister will again address the nation to declare Rs 50/100 as invalid currency.

This peak travel season airlines are forced to offer special schemes to fill up planes as demonetisation has led to a sharp fall in travel. While domestic air bookings were hit soon after the move was announced last Tuesday, now even international ticketing is seeing a decline.

The opposition united on Wednesday to attack the Modi government, saying that demonetisation of Rs 500 and Rs 1,000 notes had unleashed "economic anarchy", subjected common people to hardship and disrupted trade and business.

About 12,500 ATMS are being recalibrated every day to deliver new Rs 500 and Rs 2,000 notes raising the possibility that the country's two lakh ATMs will be able to be fully rejigged in about two weeks paving the way for further easing of current banking restrictions.

Any deposit that is significantly in excess of Rs 2.5 lakh and reflects an "abnormal" rise in income is likely to be scrutinised and subjected to a 200% penalty as it may not be seen as eligible for the current year's tax assessment, tax authorities have said.

Here's your cheat-sheet on the top developments on Day eight of the ban.

As the Winter Session of Parliament kicked off today, the splintered opposition came together, unleashing no-holds-barred attack on the government's demonetisation move. Read on to know what the leaders had to say.