Congress holds protest march from Jantar Mantar to the Reserve Bank of India (RBI) office as a part of the Jan Vedna campaign against the government's demonetisation move. Stay with us for updates.
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04:57 PM (IST)
Declarations under new black money disclosure scheme to be kept confidential; information will not to be used for prosecution: Revenue Secretary Hasmukh Adhia
04:56 PM (IST)
Unaccounted cash can be disclosed under PMGKY that comes with 50 per cent tax and penalty starting from tomorrow till 31st March, '17: Adhia pic.twitter.com/USxGpU5gWa
Tax disclosure scheme that will open tomorrow will close on March 31, 2017; disclosures to attract 50% tax and penalty: Revenue Secretary
04:54 PM (IST)
People shouldn't think they have escaped by depositing Rs 2 lakh in 10 different banks: Revenue secretary
04:49 PM (IST)
We want people to join PM Garib Kalyan Yojana and through this scheme they contribute to welfare of the people
Revenue Secretary Hasmukh Adhia
04:48 PM (IST)
You can email govt to give information on black money: Revenue Secretary Hasmukh Adhia
02:41 PM (IST)
SC says issues raised against demonetisation decision of larger interest and framed nine questions to be adjudicated by constitution bench
01:43 PM (IST)
Digital wallet company PayTM claims 48 customers cheated it to the tune of over Rs 6.15 lakh. CBI registers case
01:35 PM (IST)
Andhra Pradesh: Police seize Rs 1.54 crore in 2000 notes after information of a real estate deal taking place in a hotel in Nellore
11:51 AM (IST)
Deposits made after November 9 exceeding Rs 2 lakhs, without PAN No. will not be operated till linked to PAN or submission of form 60: RBI
11:41 AM (IST)
PAN Number
If one has not linked his pan number with his bank account then balance of more than Rs 5 lakhs can't be operated, have to fill form no. 60: RBI
10:36 AM (IST)
Karnataka: ACB raids house of a PWD assistant engineer in Gulbarga. Inquiry underway
09:52 AM (IST)
Washim (Maharashtra): Police seized unaccounted cash worth Rs 41 lakh in Rs 2000 and Rs 100 notes from Karanja. I-T department informed
09:31 AM (IST)
ACB raid at Jaipur chief fire officer's house
A total of Rs 68 lakh seized during searches till 4 am today. Till 9.30 pm yesterday, the sleuths seized Rs 61 lakh out of which Rs 40 lakh were in denomination of Rs 2,000
In a little over a month after the announcement of demonetisation on November 8, the income tax department carried out a record 586 searches across the country which yielded more than Rs 300 crore in cash seizures, Rs 79 crore in new currency notes of Rs 2,000, and unaccounted income of Rs 2,600 crore.
Economic affairs secretary Shaktikanta Das said on Thursday the government was confident that the currency supply would considerably improve in 2-3 weeks as the printing of Rs 500 notes has been stepped up.
Indirectly pointing towards recent raids in which people were caught with stash of new notes, a bench of Chief Justice T S Thakur and Justices A M Khanwilkar and D Y Chandrachud said that demonetisation had resulted in a "problem of extreme", with a few people managing to get plenty of notes while others struggled to get a single one.
05:14 PM (IST)
Banks currently prefer supplying cash via branches to their customers than through ATMs: Shaktikanta Das
05:10 PM (IST)
The banks have tightened their surveillance and vigilance mechanism to keep a check on hoarders, Das tells media reporters.
05:10 PM (IST)
Tax department's raids are surgical actions
Shaktikanta Das
05:08 PM (IST)
There are 2 lakh 20 thousand ATMs and more than 2 lakh ATMs have already been recalibrated: Shaktikanta Das
05:07 PM (IST)
Distribution of notes streamlined to avoid criss-cross movements: Economic affairs secretary
05:04 PM (IST)
Seized notes are being put into circulation right away to meet the currency demand, Shaktikanta Das says.
05:03 PM (IST)
Situation will ease out in two-three weeks
Shaktikanta Das
05:02 PM (IST)
Airlifting of currency to continue wherever necessary, emphasis on rural areas to ensure enough cash
Shaktikanta Das
05:01 PM (IST)
Supply of notes situation post demonetisation steadily improving, says Shaktikanta Das.
04:55 PM (IST)
Intial focus was to supply Rs 2,000 notes to replace value that was taken out of the market. Now focus is on printing more of Rs 500 notes
Economic affairs secretary, Shaktikanta Das
04:54 PM (IST)
Expect rupee, other markets to stabilise post initial volatility
Shaktikanta Das
04:53 PM (IST)
New notes were indegeniously designed, are much more secure. Supply situation has been improving: Shaktikanta Das
04:51 PM (IST)
Our markets will remain fairly stable
Economic Affairs Secretary Shaktikanta Das
04:51 PM (IST)
The growth outlook remains fairly stable. Marginal improvement projected by US Fed
Shaktikanta Das
04:38 PM (IST)
SC reserves order on plea for interim relief to people suffering due to Centre's decision on demonetisation.
04:37 PM (IST)
Centre agrees to accept scrapped notes collected by district cooperative banks across the country.
04:37 PM (IST)
Demonetisation case in Supreme Court: CJI asks AG Rohatgi as to how some people were getting money in lakhs and that too in new currency
04:23 PM (IST)
Cashless economy is actually a less cash economy as no economy can be fully cashless, says Arun Jaitley
04:21 PM (IST)
Arun Jaitley said digital transactions are parallel mechanism, not a substitute, for cash transaction: Finance ministry
04:19 PM (IST)
All govt departments are now moving towards digital payments: Amitabh Kant, NITI Aayog CEO
03:34 PM (IST)
Significant spurt in digital payments post demonetisation; PoS transactions jump 95%, Amitabh Kant says
03:25 PM (IST)
7000 weekly awards, maximum award of Rs 50,000 each for merchants, under Digi Dhan Vyapari Yojna
Amitabh Kant
03:24 PM (IST)
NPCI to announce 15,000 winners of 1,000 rupees each for next 100 days, starting from Christmas
Amitabh Kant
03:23 PM (IST)
Launching Lucky Grahak Yojna for consumers, and Digi Dhan Vyapari Yojna to encourage merchants to transition to digital payments
Amitabh Kant
03:23 PM (IST)
Govt has initiated numerous steps to combat scourge of corruption and black money in last two and a half years
Amitabh Kant, Niti Aayog CEO
03:03 PM (IST)
Two Axis bank officials who were arrested for converting currency sent to judicial custody till December 26 by Delhi court
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