Note Ban | The Asian Age

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Unaccounted deposits to face 50 per cent tax

The money raised through this tax could be used for the development of infrastructure.

26 Nov 2016 9:59 AM

The Centre also stressed that no public sector banks had given any instructions to their officials to deposit Re 1 or 2 to avoid zero balance in Jan Dhan accounts. (Photo: Representational Image/PTI)

Deposits in Jan Dhan accounts rise to Rs 64,250 crore; UP leads chart

Uttar Pradesh has the highest number of account holders to the tune of 3.79 crore and therefore highest deposits of Rs 10,670.62 crore.

25 Nov 2016 8:23 PM

Delhi Chief Minister Arvind Kejriwal and his West Bengal counterpart Mamata Banerjee. (Photo: PTI)

Complaint against Delhi, WB CMs for note ban protest

The complainant claimed that the protest has created law and order problems across the country.

25 Nov 2016 6:02 PM

Prime Minister Narendra Modi and Finance Minister Arun Jaitley in the Rajya Sabha in New Delhi on Thursday. (Photo: PTI)

Oppn to continue blocking RS until Modi attends

A united Opposition had on Thursday forced abandonment of Parliament proceedings for the 6th straight day.

25 Nov 2016 10:46 AM

Prime Minister Narendra Modi. (Photo: File)

Those opposing note ban unhappy with lack of time: PM

Pushing for digitisation, Modi said that everyone has right to use their money, but today the country must move towards a cashless economy.

25 Nov 2016 9:36 AM

Govt had allowed use of Rs 1,000, Rs 500 notes for certain utility services till November 24. (Representational image)

Only old Rs 500 notes allowed for transactions in exempted categories: Govt

There will be no over-the-counter exchange of old notes after midnight tonight, while Rs 1000 notes will not be accepted anywhere.

24 Nov 2016 8:58 PM

After two more extensions on November 11 and November 14, the concessions for accepting banned notes ends on Thursday night at petrol pumps, hospitals, pharmacies, railway stations, airports and some other places. (Photo: File)

Exchange of old Rs 500, Rs 1000 notes banned: Govt

Extensions till December 15 include for payment of current and arrears of utilities limited to only water and electricity.

24 Nov 2016 7:55 PM

The Supreme Court had on Friday dubbed as a "serious issue" the long queues outside banks and post offices. (Photo: AP)

Want to unearth black money stashed for 70 yrs: Centre to SC

The government added that demonetisation was a step to reduce ratio of cash transactions in the country.

24 Nov 2016 4:52 PM

The Modi government is expected to announce on Thursday evening further extensions on exemptions of old notes for accessing essential services. (Photo: File)

Govt extends exemption on toll tax, other concessions likely today

The government on Wednesday told the Supreme Court that it may give yet another extension if it thinks it was required.

24 Nov 2016 4:21 PM

People standing in a long queue to collect cash from an ATM in Kolkata. (Photo: PTI)

Only one day left for using old Rs 500, Rs 1000 notes

After allowing three extensions for select outlets, govt may give another if it thinks it was required.

24 Nov 2016 11:47 AM

Prime Minister Narendra Modi (Photo: PTI)

Modi to attend RS tomorrow as Oppn continues note ban protest

The government had earlier refused a united Opposition’s demand that the PM address the Rajya Sabha, where the NDA is in a minority.

23 Nov 2016 5:47 PM

The country, Kant said, is moving from non-formal economy to a formal economy, so the people should have patience and faith. (Photo: PTI)

Note ban: India moving towards fully digital economy, says Niti Aayog

Kant said there would be short-term issues due to the decision but in the long-term there would be huge gains.

23 Nov 2016 4:58 PM

People stand in long queues outside a bank to exchange their old Rs 500 and Rs 1000 notes in Mumbai (Photo: PTI)

Demonetisation: Queues outside banks, ATMs ease in Mumbai

The demonetisation has also pushed some medical professionals to streamline their transactions.

23 Nov 2016 4:50 PM

A farmer standing beside a heap of rotten carrots harvested in his fields. (Photo: Representational Image)

Note ban: Govt offers Rs 21,000 cr credit to farmers

The government's demonetisation move has badly hit farmers leaving them without cash just ahead of the sowing season.

23 Nov 2016 3:36 PM

Opposition parties on Wednesday protested outside Parliament against the note ban. (Photo: ANI/Twitter)

Why is Modi govt harassing 1 bn people: Rahul on note ban

Rahul Gandhi described note ban as the world's 'biggest impromptu financial experiment’ and demanded for a JPC probe into the ‘scam’.

23 Nov 2016 1:13 PM

Economic Affairs Secretary Shaktikanta Das. (Photo: PTI)

1.5 lakh post offices to supply cash in villages: Finance Ministry

The government has also waived off service charge on the use of debit cards and digital financial transactions.

23 Nov 2016 10:45 AM

Demonetisation deserves our support: Ratan Tata

Demonetisation of old currency notes by the Centre is a bold act that will wipe out black money and corruption.

23 Nov 2016 8:56 AM

On Monday, he had brought his daughter to the bank and was standing in a queue for withdrawing money to take her to hospital when she died. (Photo: Representational Image/PTI)

Ailing 4-yr-old girl dies on bank's premises in Uttar Pradesh

Dharmendra Verma was making rounds of bank for few days to withdraw money for the treatment of his daughter who was suffering from fever.

22 Nov 2016 6:47 PM

Some feared that the Rs 2,000 notes will again pave the way for black money. (Photo: PTI)

Mumbai: Queues get shorter, but cash crunch pinches

Initially, people had to spend 4 to 5 hours in the queues and now it is taking only 20 minutes, a Bandra resident said.

22 Nov 2016 3:41 PM

Congress Vice President Rahul Gandhi. (Photo: PTI)

PM can speak at concerts, why not Parliament: Rahul Gandhi

He was referring to Modi's video-address at the Global Citizen Festival in Mumbai's Bandra Kurla Complex on November 19.

22 Nov 2016 2:32 PM

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