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  Demonetisation helped increase revenue collections, says Arun Jaitley

  Business | November 03, 2017 14:12 IST

  Finance Minister Arun Jaitley also said the number of taxpayers increased significantly from 4.72 crore in 2012-13 to 6.26 crore during 2016-17.

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  Demonetisation caused 0.4 pc decline in GDP, GST only 0.1 pc: Surjit Bhalla

  Business | November 03, 2017 14:13 IST

  Demonetisation affected the country's GDP growth rate by only 0.4 per cent, Surjit Bhalla, part-time member of the Economic Advisory Council, said today.

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  Sushma Swaraj at UNGA: Demonetisation a courageous decision to challenge black money

  World | November 03, 2017 14:58 IST

  Prime Minister Modi on November 8, 2016, demonetised Rs 500 and Rs 1,000 notes in a bid to clamp down on black money, fake currency menace, terror funding and corruption.

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  Demonetisation was not required at all, says Manmohan Singh

  Politics | November 03, 2017 14:12 IST

  Prime Minister Narendra Modi had announced on November 8 last year scrapping of Rs 500 and Rs 1000 currency notes.

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  Amid slowdown concerns, PM Modi to meet Jaitley, officials to review economic situation

  September 18, 2017 23:57 IST

  Prime Minister Narendra Modi will on Tuesday interact with Finance Minister Arun Jaitley and other top officials to take stock of the economic situation.

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  Demonetisation hit newspapers due to fall in ads: INS

  India | November 03, 2017 15:02 IST

  The Indian Newspaper Society also condemned incidents of violence and attack on media offices and journalists, describing them as undisputedly serious threats to the freedom of press.

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  70 pc people favour reintroduction of scrapped Rs 1,000 note: Survey

  September 12, 2017 20:36 IST

  The government had on last November 8 scrapped 1000 and 500 rupee notes from the economy in one go -- which accounted over 86 per cent of the total Rs 16.24 trillion value of banknotes in circulation as of March 2016.

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  RBI using ‘sophisticated verification process’ instead of counting machines to check scrapped notes

  September 11, 2017 11:11 IST

  RBI clarified it is using “sophisticated Currency Verification and Processing (CVPS)" machines for checking numerical accuracy and genuineness of the currency notes

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  Demonetisation had no impact on GDP, slowdown temporary: Amit Shah

  Politics | November 03, 2017 15:03 IST

  BJP President Amit Shah said the dip in GDP growth to 5.7 per cent is "temporary" and not linked to demonetisation

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  Modi in Yangon: ‘Note ban was aimed at curbing black money, not afraid to take tough decisions’

  World | September 06, 2017 21:07 IST

  PM Modi on Wednesday addressed the Indian diaspora at Yangon's Thuwanna Indoor Stadium in Myanmar

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  Congress blames Modi's 'reckless' demonetisation move for low GDP growth

  Politics | November 03, 2017 15:03 IST

  Congress said the slow GDP growth rate was because of the prime minister's "reckless" decision of demonetisation

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  Deposits worth Rs 2.89L cr made after note ban under scanner: I-T

  August 31, 2017 19:21 IST

  The department added that 14,000 properties of over Rs 1 crore each are also under scrutiny as their owners have not filed income returns

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  Fallout of demonetisation on predicted lines, says Arun Jaitley

  November 03, 2017 15:04 IST

  Finance Minister Arun Jaitley today said the fallout of demonetisation was on predicted lines and the economy will benefit in medium and long term

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  Aaj Ki Baat August 30 episode: 'How demonetization has helped the economy'

  August 31, 2017 11:18 IST

  The real motive behind demonetization was (1) bringing black money back to the banking system (2) expanding the tax base and (3) switching the economy to digital mode.

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  Was demonetisation a scheme to convert black money into white, asks Chidambaram

  Politics | November 03, 2017 15:04 IST

  Former Finance Minister P. Chidambaram asked the government if demonetisation was a "scheme to convert black money into white"

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  Demonetisation: Rs 15.28L cr of Rs 15.44L cr banned notes returned to system, says RBI

  November 03, 2017 15:05 IST

  RBI on Wednesday said that Rs 15.28 lakh crore of the Rs 15.44 lakh cr banned notes returned to system after demonetisation.

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  Why has RBI not yet given no. of scrapped notes, asks Opposition

  Politics | July 25, 2017 14:52 IST

  Raising the issue during Zero Hour, Anand Sharma (Cong) said “even a child is delivered in nine months” but the country doesn’t know how many of the old and junked currency notes were returned.

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  RBI to lease currency verification systems to weed out fake demonetised notes

  July 23, 2017 18:19 IST

  The RBI will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of Rs 500/1000 denomination.

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  Rs 11.23 crore fake currency detected post note ban: Jaitley

  July 18, 2017 18:47 IST

  Data available from the NCRB indicates that 1.58 lakh notes of fake currency, having a face value of Rs 11.23 crore, have been detected in 29 states post demonetisation until July 14.

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  No grace period for depositing old notes, will defeat purpose of demonetisation: Centre tells SC

  November 03, 2017 15:06 IST

  The Centre today asserted in the Supreme Court that it was not inclined to grant any more grace period for depositing the scrapped Rs 500 and Rs 1,000 notes.