Note Ban
NOTE BAN NEWS
Rs 2,000 note exchange: PSU banks see longer queues; banks, customers complain over lack of clarity on rules
May 30, 2023 11:30 am
Many customers who made large deposits after the withdrawal of Rs 500 and Rs 1,000 notes in 2016 later received income tax notices. Cash deposits above Rs one lakh in the savings account can invite income tax notices, said a bank official.
Banks follow different rules, people use various avenues to dump notes
May 24, 2023 3:31 pm
Most private banks asked non-account holders to provide proofs. SBI had clarified in an official note to its branches that no form or slip would be required while exchanging or depositing Rs 2,000 notes.
From the Urdu Press: Rahul’s 2024 prescription to exorcising note ban to SC thwarting of Haldwani eviction
January 10, 2023 1:28 pm
Rahul Gandhi has stressed that if Opposition parties coordinate properly and reach out to people with an effective alternative vision, BJP would find it difficult to win 2024 general elections: Akhbar-e-Mashriq
Supreme Court Demonetisation Case Verdict Highlights: SC upholds centre's decision on demonetisation by 4:1 majority
January 05, 2023 7:17 am
Supreme Court Order on Demonetisation Highlights: Justice BV Nagarathna in her dissenting view held that though demonetisation was well-intentioned and well thought of, it has to be declared unlawful on legal grounds (and not on the basis of objects).
Supreme Court set to deliver note ban verdict on January 2
January 01, 2023 5:21 pm
A five-judge constitution bench presided by Justice S Abdul Nazeer had reserved the verdict on December 7 after hearing elaborate arguments by the petitioners, the Centre and the Reserve Bank of India.
All due processes followed while implementing note ban: RBI to SC
December 06, 2022 7:44 am
“The process was followed. We have stated on affidavit that the quorum as determined by the regulations was met,” senior advocate Jaideep Gupta, appearing for the central bank, told a five-judge Constitution Bench presided by Justice S Abdul Nazeer.
Note ban decision was deeply flawed: Chidambaram in Supreme Court
November 25, 2022 3:54 am
He told a five-judge Constitution bench of the Supreme Court, presided by Justice S Abdul Nazeer, which is hearing a clutch of petitions challenging demonetisation, that the process could have started only from the RBI.
The train of structural reforms set in motion on Nov 8, 2016, has led to formalisation of economy
November 09, 2020 9:40 am
Demonetisation played an important role in stirring a debate about the entrenched informality in the economy — what to do about it and how.
How did noteban help, need to tell voters: Ally Chirag Paswan asked day after BJP’s defeat
December 21, 2018 7:31 am
In the December 12 letter, Chirag Paswan, Jamui MP and son of Union Minister Ram Vilas Paswan, wrote: “I request information about how the country benefited from demonetisation given it has been over two years since demonetisation was announced and 2019 Lok Sabha elections are also drawing close...
Demonetisation exposed 'coward nature' of PM Modi: Siddaramaiah
November 08, 2018 5:06 pm
The Congress leader said the note-ban was a decision taken in haste for "political and selfish reasons" than social and economic benefits.
NOTE BAN PHOTOS
Demonetisation anniversary: Opposition stages protest against note ban, calls it a 'black day'
November 08, 2017 6:46 pm
The BJP and Congress-led Opposition locked horns on November 8, while the ruling party is celebrating ‘anti-black money day’, several Opposition parties have decided to observe it as a ‘Black Day.’
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