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  56 pc merchants still do not accept digital payments: Survey

  February 17, 2017 12:14 IST

  As much as 56 per cent of the merchants still do not accept digital payments because of the risks and cost of handling cash along with a fear of income loss after adopting digital payment

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  Easy to comment on note ban, difficult to implement it: Jaitley

  February 17, 2017 12:00 IST

  Union Finance minister Arun Jaitley today heaped praise on Prime Minister Narendra Modi for taking a brave decision to demonetise high value notes from the economy.

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  I-T puts 9 lakh bank accounts under ‘doubtful’ category for suspicious deposits

  February 16, 2017 18:25 IST

  Almost half of the 18 lakh people who were asked to explain deposits into their bank accounts post demonetization have been placed under the 'doubtful' category.

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  34 Chartered Accountants in dock for alleged money laundering following demonetisation

  February 15, 2017 13:23 IST

  The Centre is believed to have initiated action against at least 34 Chartered Accountants for allegedly converting scrapped notes into new through shell companies during the demonetisation period.

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  Nitish Kumar does a U-turn, joins opposition in questioning govt over demonetisation

  National | February 11, 2017 9:09 IST

  Bihar Chief Minister Nitish Kumar on Friday took a complete U-turn from his previous stand on demonetisation drive and sided with the opposition parties in questioning the BJP-led NDA government’s November 8 last year decision.

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  ‘Shut up or Gabbar Singh will come’: Mamata says BJP’s threats immature, TMC unfazed

  National | February 08, 2017 16:41 IST

  West Bengal Chief Minister Mamata Banerjee, one of the staunchest critics of Prime Minister Narendra Modi, on Wednesday derided the Centre for trying to paint opposition forces as black.

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  RBI eases weekly withdrawal limit to Rs 50K from Feb 20, no cap after March 13

  February 08, 2017 16:16 IST

  The weekly limits imposed on cash withdrawals after Centre’s demonetisation drive on November 8, 2016, will be further eased to Rs. 50,000 per week on February 20, the Reserve Bank of India said today.

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  Arun Jaitley moves demonetisation bill for passage in Lok Sabha

  National | February 07, 2017 18:46 IST

  Union Finance Minister Arun Jaitley today moved the ‘demonetisation’ bill in the Lok Sabha to formally make the banning of Rs 500 and Rs 1,000 notes a law.

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  RBI denies info on details of those involved in finalising ‘notes ban’ decision

  February 06, 2017 16:08 IST

  Amid confusion and criticism over who proposed the idea of demonetisation of high-denomination notes of Rs 500 and Rs 1,000, the Reserve Bank of India (RBI) has refused to furbish details about officials involved in

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  'Operation Clean Money’: Taxmen scan 1 cr accounts, seek explanation from 18L ‘suspects’

  February 05, 2017 12:54 IST

  Determined to track down black money from the deposits made during the 50-day demonetisation window, the tax department has scrutinised and matched as many as 1-crore accounts and asked 18 lakh people to explain the

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  Post note ban deposits cross Rs 10 lakh crore mark, IT Dept readies action plan

  February 05, 2017 8:26 IST

  The deposits made in old Rs 500 and Rs 1000 notes within the 50-day demonetisation window provided by Prime Minister Narendra Modi have crossed the Rs 10 lakh crore mark. Over one crore bank accounts

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  Over 1,100 searches, 5,100 notices in demonetisation so far: FM

  February 03, 2017 21:33 IST

  More than 1,100 searches have been conducted and 5,100 notices issued by the Income Tax Department after the November 8 demonetisation for cross-checking of high-value deposits, the government informed parliament today. This led to seizure

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  Bankers illegally exchanged scrapped notes worth Rs 71.5 crore, govt informs LS

  February 03, 2017 20:09 IST

  Employees of some banks indulged in the illegal exchange of scrapped currency notes worth Rs 71.5 crore following the government’s decision to demonetise certain high-value currency notes on November 8, the government informed Parliament today.

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  Jaitley introduces ‘demonetisation’ bill in LS amid TMC opposition

  National | February 03, 2017 15:29 IST

  Union Finance Minister Arun Jaitley today introduced a bill in Lok Sabha that will formally make the banning of Rs 500 and Rs 1,000 notes a law.

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  In Rajya Sabha, Ghulam Nabi Azad leads Opposition attack on government over demonetisation

  National | February 02, 2017 20:25 IST

  Congress leader Ghulam Nabi Azad today led the Opposition’s charge against the government over issues like demonetisation and Kashmir handling.

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  ‘Please explain’: Taxman’s message to 13 lakh people on 'suspicious' cash deposits post notes ban

  February 02, 2017 19:53 IST

  The Income Tax department has identified 18 lakh people who deposited large amount of cash after Prime Minister Narendra Modi announced the decision to demonetise Rs 500 and Rs 1000 notes on November 8.

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  Demonetisation great move for India in longer term: Apple CEO

  February 01, 2017 12:16 IST

  The demonetisation drive undertaken by the Indian government is a "great move" in the longer term, Apple CEO Tim Cook said as he emphasised the company's strong intention to "invest significantly" in the country. Cook,

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  Taxman identifies 18 lakh people with suspicious deposits post demonetisation, to seek explanation

  January 31, 2017 18:08 IST

  Since the November 8, 2016, ban on high denomination currency notes, the Income Tax department has identified 18 lakh people who have made 'suspicious' cash deposits, including those having deposited over Rs 5 lakh. To

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  Will Budget 2017 meet auto sector’s demands after demonetisation?

  January 31, 2017 17:00 IST

  The Union Budget scheduled to be presented on February 1, 2017, has expectations soaring high from several sectors and one of these sectors is the Indian auto sector. The major expectation from the Budget is

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  Demonetisation was aimed at bringing down real estate prices, says CEA

  January 31, 2017 15:57 IST

  Chief Economic Advisor Arvind Subramanian today defended the government’s demonetisation move saying the decision ‘indeed caused inconvenience but for short period and is going to be beneficial in long-term’. Speaking to reporters after the Economic