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Demonetisation: Enough provisions to scrutinise a/cs of political parties, says govt Demonetisation: Enough provisions to scrutinise a/cs of political parties, says govt

There are enough provisions in the Income Tax Act to scrutinise the accounts of political parties even though their income is tax exempt, the government said Saturday.

Demonetisation: CBI arrests two RBI officials in currency conversion case Demonetisation: CBI arrests two RBI officials in currency conversion case

CBI has arrested two employees of cash department of Reserve Bank of India in Bengaluru in connection with alleged conversion of Rs 1.99 crore of demonetised currency with specified bank notes of Rs 2,000 and Rs 100.

RBI Governor row: Raghuram Rajan exits, Urjit Patel in RBI Governor row: Raghuram Rajan exits, Urjit Patel in

Urjit Patel was appointed as the new Governor of the Central Bank. He succeeded Raghuram Rajan. Patel, the 24th RBI Governor, will serve a three-year term with effect from September 4.

Axis bank-Noida: Enforcement Directorate files money laundering case? Axis bank-Noida: Enforcement Directorate files money laundering case?

A money laundering case has been registered by the Enforcement Directorate (ED) in the alleged forging of a customer's identity to conduct huge illegal transactions in an Axis Bank branch in Noida.

Arun Jaitley hints not all of Rs 15.44 lakh crore worth of currency junked will be remonetised Arun Jaitley hints not all of Rs 15.44 lakh crore worth of currency junked will be remonetised

Hinting that not all of the Rs 15.44 lakh crore worth of currency scrapped will be remonetised, Finance Minister Arun Jaitley said that the digital currency will fill the gap.

 GST can be implemented anytime between April 1-September 16: Arun Jaitley GST can be implemented anytime between April 1-September 16: Arun Jaitley

Finance Minister Arun Jaitley on Saturday said that GST is a transactional levy that unlike income tax can be implemented anytime during the year.

Police recovers unaccounted cash worth Rs 4.4 lakh in new notes in AP Police recovers unaccounted cash worth Rs 4.4 lakh in new notes in AP

The police recovered unaccounted cash worth Rs 4.4 lakh in new currency notes of Rs 2,000 from Krishna district of Andhra Pradesh.

Demonetisation a courageous step, India holds adequate capacity to take note ban decision: Arun Jaitley Demonetisation a courageous step, India holds adequate capacity to take note ban decision: Arun Jaitley

Finance Minister Arun Jaitley on Saturday hinted that not all of the Rs 15.44 lakh crore worth of currency junked will be remonetised through issuance of new notes as he said digital currency will fill the gap.

Petrol, diesel prices hiked: City wise price list Petrol, diesel prices hiked: City wise price list

Given below is the city-wise price list of petrol and diesel post the hike by Indian Oil Corporation.

Petrol price hiked by Rs 2.21 per litre, diesel by Rs 1.79 a litre Petrol price hiked by Rs 2.21 per litre, diesel by Rs 1.79 a litre

Petrol price was on Friday hiked by Rs 2.21 per litre and diesel by Rs 1.79 a litre in line with global trends.

Humsafar Express: Know the fare structure Humsafar Express: Know the fare structure

Know the fare structure of Humsafar Express which will have AC - 3 Tier.

New black money disclosure scheme from today: All you should know New black money disclosure scheme from today: All you should know

Know the salient features of the new black money disclosure scheme Pradhan Mantri Garib Kalyan Yojana (PMGKY), which kicks-in from December 17.

India's first Humsafar train with dynamic pricing flagged off India's first Humsafar train with dynamic pricing flagged off

According to the Humsafar fare structure, 50% of the tickets will be made available for passengers on 1.15% higher base fare and thereafter 10% increase on every 10% tickets sold on subsequent bookings.

Black money: Government gives one last chance to hoarders, asks them to come clean by March 2017 Black money: Government gives one last chance to hoarders, asks them to come clean by March 2017

Not declaring the black money under the scheme now but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty, the government warned.

 

No official estimation of black money either before or after Nov 8: FM Jaitley No official estimation of black money either before or after Nov 8: FM Jaitley

There is no official estimation of black money either before or after November 8 -- the day government announced scrapping of old Rs 500 and Rs 1,000 notes, Finance Minister Arun Jaitley said Friday.

Demonetisation: Ten-fold jump in non-cash retail payments by 2025, says report Demonetisation: Ten-fold jump in non-cash retail payments by 2025, says report

According to global financial services major Deutsche Bank, demonetisation is an immediate catalyst for the digital payments revolution.

Humsafar Express with dynamic pricing to be launched today Humsafar Express with dynamic pricing to be launched today

Passengers have to shell out 1.15% more as base fare than the normal Mail/Express AC-3 rate since the train is equipped with coffee/tea/soup vending machine, hot and refrigerated pantry and other facilities in each cabin.

Modi govt's 2nd wave of FDI reforms: Inflow momentum likely to continue in 2017 Modi govt's 2nd wave of FDI reforms: Inflow momentum likely to continue in 2017

Pinning hopes on a slew of FDI reforms unveiled by the government in 2016, the government expects that the momentum of high FDI inflows will continue in the new year.

Demonetisation: SC refuses to extend use of demonetised Rs 500 and Rs 1,000 notes Demonetisation: SC refuses to extend use of demonetised Rs 500 and Rs 1,000 notes

The Supreme Court on Thursday refused to extend the use of demonetised Rs 500 and Rs 1,000 notes in government utility centres like hospitals, railway tickets etc. 

Hike in petrol, diesel rates deferred Hike in petrol, diesel rates deferred

PSU oil companies have deferred a planned Rs 2.26 a litre hike in petrol and Rs 1.78 increase in diesel.