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  Here are the salient features of new Rs 500, Rs 2000 notes

  November 09, 2016 18:24 IST

  A day after scrapping Rs 500 and Rs 1,000 currency notes, the government today announced that the new hard-to-fake Rs 500 and Rs 2,000 currency notes will be available at bank ATMs when they start

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  Here is what you should do with the old Rs 500 and Rs 1,000 notes

  November 09, 2016 11:02 IST

  There was panic run on ATMs across the country as Prime Minister Narendra Modi on Tuesday late evening surprised the nation by declaring that Rs 500 and Rs 1,000 notes will not be legal tender from midnight.

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  Sensex trims early losses after 1,689-point crash; closes 338 points down

  November 09, 2016 17:34 IST

  The Sensex and Nifty opened sharply lower this morning as the government’s major decision to demonetise Rs 500 and Rs 1,000 comes into effect and Republican candidate Donald Trump leading the tight battle in the US presidential election.

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  PM Modi’s surgical strike on black money: Here’s how you can ensure no loss for yourself

  November 08, 2016 22:42 IST

  In a major assault on black money, fake currency and corruption, Prime Minister Narendra Modi today took the nation by surprise as he announced that the currency notes of Rs 500 and Rs 1000 will

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  How much black money held by Indians? Govt declines to share assessment reports

  October 23, 2016 14:46 IST

  The government has declined to shares reports reports submitted to it nearly three years ago on the quantum of black money held by Indians inside the country and abroad.

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  PM Modi warns of 'surgical strikes' against black money keepers

  October 22, 2016 21:47 IST

  Using the analogy of surgical strikes, Prime Minister Narendra Modi today wondered what would have happened if the government had adopted similar strategy in the recent campaign against black money, which unearthed Rs 65,000 crores.

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  A Rs 100 cr bungalow, Rs 125 cr in undeclared income: When Delhi lawyer left I-T officials stunned

  India | October 20, 2016 12:10 IST

  In a startling revelation made as part of the government’s stringent Income Declaration Scheme, a lawyer practising in the Delhi High Court and Supreme Court has declared unaccounted income of over Rs 125 crore.

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  Abolish Rs 500 and Rs 1,000 notes to wipe out black money: Chandrababu Naidu

  Politics | October 12, 2016 18:43 IST

  ​Andhra Pradesh Chief Minister Chandrababu Naidu today reiterated his demand for abolishing the currency notes of Rs 500 and Rs 1,000 denominations in order to check black money in the country.

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  India seeks enhanced Swiss cooperation to tackle black money menace

  October 06, 2016 14:59 IST

  A week after the black money disclosure window was closed, India today sought enhance cooperation from Switzerland and asked it to provide information on people stashing illegal money in that country.

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  Government evokes blackmoney worth Rs 65,250 crore under Income Declaration scheme

  October 01, 2016 16:35 IST

  The Income Declaration Scheme by the government has evoked blackmoney worth Rs 65,250 crore during its four-month compliance window that ended on September 30, Finance Minister Arun Jaitley said today. Jaitley said 64,275 declarations were

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  Roadside eateries owners of Mumbai declare Rs 50 crore undisclosed income

  October 01, 2016 15:42 IST

  A week after the Income Tax Department raided the roadside eateries across the country, owners of such premises in and around Mumbai have come out with undisclosed income amounting nearly Rs 50 crore. People who

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  RUSH! Last day to declare black money; strict action against tax defaulters from Oct 1

  September 30, 2016 13:29 IST

  As per the Income Declaration Scheme (IDS), September 30 is the last day to declare unaccounted income, or ‘black money’ and if you happen to be one of those who fall in that bracket, either rush or brace yourself to be dealt with an iron hand.

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  Days before ending life, BK Bansal’s son Yogesh declared Rs 2.4 crore as ‘black money’: Report

  India | September 29, 2016 11:04 IST

  Days before tainted bureaucrat BK Bansal and his son Yogesh allegedly committed suicide, it appears that the latter declared around Rs 2.4 crore under the Income Declaration Scheme 2016 of the IT department.

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  Black money crackdown: CBDT asks tax offices to stay open for extra hours

  September 28, 2016 22:15 IST

  In order to extend the working hours on the last day of Income Declaration Scheme to receive declarations under the one-time domestic black money window, the Central Board of Direct Taxes (CBDT) on Wednesday asked

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  ‘There should be zero tolerance for corruption and black money’: PM Modi at G20 Summit

  World | September 05, 2016 10:58 IST

  Prime Minister Narendra Modi on Monday raised the issue of black money and tax evasion at the ongoing G20 Summit here and asked the member countries to take action against the financial corruption.

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  Black money crackdown: Threefold jump in I-T raids, properties worth Rs 330 cr seized

  August 31, 2016 16:34 IST

  In its crackdown against black money holders in the country, the Income Tax department has seized an all-time high value of cash and jewellery, while Rs 3,360 crore unpaid taxes have been surrendered this year.

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  Centre to ban cash transactions over Rs 3 lakh to curb black money

  August 22, 2016 14:09 IST

  The government is set to ban cash transactions over Rs 3 lakh as it seeks to clamp down on black money in the economy following recommendations from the Supreme Court-appointed Special Investigation Team. The Rs

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  Black money compliance scheme: CBDT to acknowledge declarants by August 30

  August 14, 2016 13:25 IST

  Black money holders who have disclosed their ill-gotten assets during July under the ongoing black money compliance scheme will receive acknowledgement by the tax department by August 30. After government’s extension to extended the

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  Declare undisclosed wealth by Sept 30 to sleep peacefully: PM Modi to black money holders

  Politics | July 23, 2016 20:07 IST

  In a commitment to carry forward the fight against black money, Prime Minister Narendra Modi today warned the black money holders of stringent action including imprisonment after September 30. PM Modi said those with

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  Taxman to issue 7 lakh letters seeking information on high value non-PAN transactions

  July 21, 2016 21:14 IST

  New Delhi: Stepping up its effort to curb domestic black money, the Income Tax department has retrieved information on 90 lakh high value non-PAN transactions reported for the period between 2009-10 and 2016-17. The tax