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DEMONITISATION NEWS

Seven years after demonetisation: Cash with public falls Rs 74,728 cr in Apr-Oct

November 13, 2023 7:48 am

The decline is mainly due to the Reserve Bank of India’s (RBI) decision to withdraw the Rs 2,000 denomination notes from circulation on May 19 this year.

RBI ‘within its power’ to withdraw Rs 2,000 notes, decision ‘part of currency management system’: Delhi HC

July 05, 2023 3:36 am

The HC said that the May 19 notification is a direction to banks not to issue notes of Rs 2,000 denomination to its customers and information of the public to exchange notes of Rs 2,000 denomination to currency notes of other denominations.

Plea seeking review of verdict on demonetisation filed in SC

February 05, 2023 7:38 pm

A five-judge Constitution bench, in a 4:1 majority verdict, on January 2 had given its stamp of approval, saying the decision-making process was neither flawed nor hasty.

'Demonetisation arose from the Centre …it should have enacted a law’

January 05, 2023 1:02 pm

Read edited excerpts from the dissenting opinion by Justice B V Nagarathna in the demonetisation case.

Govt yet to submit affidavit, SC adjourns demonetisation hearing

November 10, 2022 2:50 am

Seeking a week’s time, the A-G apologised to the court for not being able to submit the affidavit.

As Supreme Court examines issue, a look at how the demonetisation needle moved

October 13, 2022 5:43 pm

“Fighting black money, corruption”; “promoting cashless economy, transparency”; “pro-poor, anti-rich” – what the govt said in the days following the sudden move.

Supreme Court to consider on October 12 pleas challenging demonetisation

September 29, 2022 1:35 am

“The first question we examine is whether the issue has become academic and if it can be heard at all,” Justice S Abdul Nazeer, heading a five-judge Constitution bench, said.

Demonetisation increased tax collections, says Sitharaman; Rahul claims it helped 'crony capitalists'

November 08, 2020 2:07 pm

Sitharaman said Rs 900 crores of undisclosed income was seized in the first four months after demonitisation.

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Gujarat: Retired I-T official and BJP leader protests raids on his premises

October 23, 2020 2:32 pm

The searches were held three days after he tweeted about transactions by a jewellery brand on the night when demonetisation was announced in 2016, allegedly evading tax.

Scrapped notes of Rs 1 cr face value seized, four held

Scrapped notes of Rs 1 crore face value seized, four held

June 01, 2018 8:11 pm

Thursday evening, police intercepted a car and recovered the old currency notes that were being brought to Gandhi for exchange.

Govt cancels foreign funding licence of Sonam Wangchuk’s NGO amid Ladakh protests

India28 min ago

The Union Home Ministry has revoked the FCRA licence of Sonam Wangchuk's NGO due to violations of the Foreign Contribution (Regulation) Act. The decision was made following a protest in Leh that resulted in four deaths, with the ministry citing Wangchuk's controversial statements as a contributing factor.

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