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Income Tax department

Taxmen identify 5.56 lakh mismatch in deposits

The taxpayer will be able to submit online explanation without any need to visit income tax office.

15 July 2017 3:30 AM IST

The focus is also on non-cash deposits in various bank accounts by way of RTGS and other means.

Operation Clean Money: 5.56 lakh 'tax evaders' identified

The drive started by I-T department aims to detect black money generation post demonetisation.

14 July 2017 5:52 PM IST

Congress Vice President Rahul Gandhi. (Photo: PTI).

Govt needs Math tutor: Rahul taunts RBI for not finishing scrapped...

P Chidambaram also taunted the RBI for buying couting machines 8 months later and asked them if they had ever heard of...

14 July 2017 11:07 AM IST

File photo of people standing in line to exchange demonetised notes.

A cold, hard look at the costs of Modi's note ban

Demonetisation and Black Money, by C. Rammanohar Reddy, is an irrefutably factual and cold analysis of demonetisation...

14 July 2017 1:32 AM IST

Eighteen opposition parties have come together to take on the government in parliament during the Monsoon Session beginning July 17 over demonetisation, GST and various other issues, according to political sources. (Photo: PTI)

18 oppn parties to target Govt in Parliament on 5 issues including GST

Leaders of these 18 parties discussed the broad strategy and issues to be taken up in parliament during the meeting in...

13 July 2017 5:37 PM IST

The need for a mode for digital payments has forced people to open bank accounts, opt for smart cards and even get on to the internet with and take help from digital payment apps to ease out the payment modes.

Digital transactions shot up due post demonetisation: report

Growth of digital payment reached Rs 70,000 crore level in seven months, said the report.

13 July 2017 5:23 PM IST

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IMF expects India to grow by 2018-19

IMF is expecting India to grow by 7.7 per cent after disruptions caused by demonetisation,

9 May 2017 8:32 AM IST

Shobana Kamineni (Photo: Sondeep Shankar)

Domestic demand is recovering, says Shobana Kamineni

The impact of demonetisation has waned off as money is now freely available for transactions, says Shobana Kamineni.

9 May 2017 12:30 AM IST

ATM cash limits may be withdrawn from tomorrow. (Photo: representational Image)

Note ban: People still ask 'Is there cash in ATM?'

Big banks deny there was shortage of cash in country but accept ATMs run dry during long weekends, holidays.

8 May 2017 5:29 PM IST

Understanding the Black Economy and Black Money in India by Arun Kumar Aleph, Rs 399

Book review: Decoding the anatomy of black money

In this short, kindle-size book of 112 pages, the author manages to bring out many interesting facets of black money in...

7 May 2017 2:35 AM IST

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india's economic recovery to pick up pace

The consumption recovery should take hold from the second quarter of this year.

5 May 2017 6:28 PM IST

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Retail inflation may rise due to fading demonetisation impact

Consumer inflation may see an uptick at 5.5-6 per cent in the fourth quarter of 2017

4 May 2017 2:11 PM IST