Section 5 of the Act bars any person from knowingly or voluntarily, holding, transferring or receiving any specified bank note after the expiry of the grace period.
Indian tourists travelling to foreign destinations are choosing more “offbeat” destinations like Maldives and Mauritius and not “regular destinations” such as Thailand and Singapore.
“GST has made doing business and trade very easy. The market size for every trader has grown. Now the whole country is his market,” Arun Jaitley said.
“I am aware of the political price I will have to pay for the steps taken by the government but I am ready for it,” says Prime Minister Modi.
The tax department has combed as many as 18 lakh people who had deposited junked 500 and 1000 rupee currency notes of over Rs 2.5 lakh each post demonetisation.
The first year of operation of the Monetary Policy Committee has imposed considerable costs on the economy with very few benefits. What explains its decisions?
The DGP also said that initiatives such as demonetisation and the Goods and Services Tax (GST) were bold moves in a country like India.
Asaduddin Owaisi said he would like to ask the Congress and the BJP “whether Muslims are forward than Patels in Gujarat, Jats in Rajasthan and Gujjars in Rajasthan”.
“Those who feel the current regime is divine dispensation should stop insulting god. Citizens are god and they have become beggars because of the demonetisation decision.”
On the auspicious occasion of Black Money Day, only liars and corrupt people are upset. All that Modi does is for the good of the nation.
Manmohan Singh said demonetisation had caused a lot of distress to farmers, small industrialists and many people died while standing in queues in front of banks to get cash because of the ban of Rs 500 and Rs 1,000 currency notes last year.
“At least 100 people died standing in queues outside the banks. The withdrawal of 86 per cent of currency imposed severe hardships on India’s farmers and small industries and traders. Demonetisation turned out to be a historic blunder,” said Manmohan Singh.
Despite demonetisation, Bharatiya Janata Party (BJP) has continued to win elections across the country which includes the party pocketing 80 per cent on the 10000 gram panchayat seats in Gujarat, said chief minister Vijay Rupani on Friday. “I clearly remember that elections for the gram panchayats were held immediately after demonetisation. The polls were held […]
First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%.
‘A message is going across the world that India is a nation of thieves; we all are involved in illegal activities; there is nobody honest here,’ former finance minister Yashwant Sinha said