Tag Archives: Demonetisation
Gujarat: Two Held With Demonetised Notes Worth Rs. 1.1 Crore
The crime branch sleuths in Amreli, Gujarat today seized fake currency notes with a face value of Rs 1.11 crore from two persons, who were later arrested. The seizure was made after police got a tip-off that some persons were carrying suspicious items on a scooty from Lathi town to Amreli. "Po..
Post-Note Ban 12.54 Lakh PoS Terminals Added In Q4
New Delhi: Post the November 8 demonetisation measure, 12.54 lakh Point of Sale (PoS) terminals have been added during the fourth quarter of the last fiscal ended March to facilitate more digital transactions, the government has said. "A major drive was undertaken between December 2016 and March ..
Chennai: Demonetised Notes Worth Rs 44.7 Crore Seized; One Arrested
Demonetised currency notes amounting to Rs 44.7 crore were seized from a person in Chennai, police said today. The scrapped currency in Rs 1,000 and Rs 500 denominations was recovered on a specific tip-off, from the premises of one Dhandapani in Kodambakkam here, they said. The man is being qu..
Thane: One Crore Rupees In Scrapped Notes Seized; Bank Employee Among Three Arrested
Rs 1 crore in demonetised scrapped currency notes were seized by the police from three persons, who were later arrested. Acting on a tip-off, police intercepted a car at Parsik circle in Mumbra township of Thane district at around midnight on Tuesday. They found Rs 1 crore in old notes in Rs 5..
Demonetisation, GST Historic Acts Of NDA Regime: Gadkari
Terming demonetisation and Goods and Services Tax (GST) as "two historic decisions" of the Narendra Modi government, Union Minister Nitin Gadkari on Monday said the revenue receipt will rise to Rs 30 lakh crore in the coming years. Participating in India TV's 'Samvaad' programme, the Road Transp..
Telangana: Two Held With Rs 73.22 Lac Demonetised Currency Notes
Two persons were arrested after Rs 73.22 lakh in the demonetised currency notes were seized from them in Korutla town of Telangana's Jagtial district, police said today. The two men -- Abdul Aziz (29) and Sheikh Mohsin (28) -- posed as real estate businessmen, said Jagtial Superintendent of Polic..
GST, Demonetisaion Effect? India’s Tax Revenue May Touch Rs 30 Lakh Cr: Nitin Gadkari
India's tax revenue may touch Rs 30 lakh crore over the next two years -- more than double of what it was when the Bharatiya Janata Party-led NDA came to power at the Centre in 2014, Union Minister Nitin Gadkari said on Thursday. This tax revenue growth will be fuelled by the impl..
Biometric, Solar ATM Being Developed For Rural India: Harsh Vardhan
Tying in with India's thrust on digitisation and paperless economy post demonetisation, a bio-solar ATM has been developed by Indian scientists for rural areas, Union Science and Technology Minister Harsh Vardhan announced here on Wednesday. "After November 8, there was so much talk about digitis..
‘After Note Ban, Dodgy Money Converted Into Gold, Stored In Shell Companies’
The massive hunt for undeclared cash launched across the country post demonetisation has revealed that this was either converted into gold or routed through shell companies to make it legal tender, IT sleuths have told IANS. Income Tax officials said black money holders avoided the bank-deposit r..
Availability Of Cash In ATMs Worsens In Few Cities
It has been five months since demonetisation, and citizens by now had surely expected cash crunch and the situation of dry ATM machines to end. Unfortunately, it is not the case in some parts of the country, a survey shows. "The availability of cash at ATMs has worsened in the last two months or..