These are the discounts govt has offered on digital payments

Finance Minister Arun Jaitley on Thursday announced a slew of measures to promote digital transactions. The Finance Minister announced offers and discounts in a bid to reiterate government's push for cashless society.

Note Ban: RBI yet to replace over 70% of invalidated currency

Deputy Governor R Gandhi said that during the period between, 10 November and 5 December 2016, the RBI has supplied banknotes of various denominations worth Rs 3.81 lakh crore to the public. The pieces of lower denomination notes supplied by the RBI stood at 1,910 crore.

Auto sales demolished by demonetisation

These are wholesale numbers (captured from sales from companies to dealerships) and the situation at retail level is far worse, most companies have said. Those in the rural markets like Hero MotoCorp and Mahindra are hit more due to cash crunch in rural areas of the country.

Tax dept raids Chennai-based jewellers, seizes 100 kgs gold. Rs 70 crore in new currency!

According to reports, Rs 80 crore cash was in the form of old currencies and Rs 10 crore was in new currencies of Rs 2000 notes.  The Tax department also seized 100 kg of gold worth Rs 30 crore.

First 30 days: Five points that prove demonetisation has backfired

The Country is still struggling in dealing with the huge problem of cash crisis.

Fri Dec 09 05:21:05 IST 2016
 
 
 

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