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BT Online
New Delhi, November 30, 2016
According to reports, Prime Minister Narendra Modi's crackdown on black money and tax evaders by scrapping Rs 500 and Rs 1,000 rupee banknotes has taken the economy down a very bumpy road. How bumpy depends who's talking!


Dipak Mondal
New Delhi, November 28, 2016
Pronab Sen, an economist and former chairman of the National Statistical Commission, is one of the voices that has criticised the government's move saying that the negative impacts would far outweigh the likely benefits.


PTI
November 27, 2016
RBI Governor Urjit Patel on Sunday broke his silence after facing flak from Congress leader Jairam Ramesh who accused Patel of misleading the nation about RBI's preparedness on demonetisation and sacrificing the autonomy of RBI.


Team BT
Delhi, November 26, 2016
Business Today readers share their feedback on the magazine's coverage.


BY JOE C. MATHEW AND DIPAK MONDAL WITH Team BT
Delhi, December 4, 2016
The Centre's move to demonetise high-denomination currency has shaken up the economy.


Joe C Mathew
Delhi, November 26, 2016
Arthakranti Pratishthan, an NGO based out of a nondescript rental flat in a predominantly residential Rambaug Colony, some 20 km from Pune Airport, is now gaining global attention. Considered to be the brain behind Prime Minister Narendra Modi's move of scrapping old Rs 500 and Rs 1,000 notes, the think tank stands for a complete overhaul of India's taxation system. In an exclusive interview with Joe Mathew, Anil S. Bokil, an engineer-turned-economic thinker, the chief architect of Arthakranti Proposal, talks about the merits of demonetisation and how it can lead to a black money free-cashless economy, if the government adopts all of the NGO's proposals. Excerpts:


Srivatsa Krishna
Delhi, November 26, 2016
The government has made an honest attempt at realigning economic incentives to drastically change human behaviour and make it easier for those who wish to be honest and incredibly tough for the dishonest. It will hit at the roots of untaxed, undeclared, taxable income


By Sarika Malhotra and Goutam Das
Delhi, November 30, 2016
While the near-term economic logic may seem weak, the plan on black money appears to be well thought out. Demonetisation is just one leg. What has generated the fear psychosis is a combination of many things executed over the past two years by the Narendra Modi Government.


Mail Today Bureau
New Delhi, November 26, 2016
Big cash deposits made in scrapped 500 and 1000 rupee notes that are declared to the Income Tax authorities are likely to attract a 50 per cent tax and there will be a fouryear bar on withdrawing half of the remaining money.


Reuters
November 21, 2016
Like millions of Indians fed up with corruption and counterfeiting, Vimal Somani cheered Prime Minister Narendra Modi's shock move to replace all high-value banknotes. Two weeks on, his business is being hammered by the ensuing cash crunch.


Ranjeev C. Dubey
November 17, 2016
While uncertainty is central to the human condition, it takes on a whole different meaning when you find your hard earned wealth go up in a puff of demonetised smoke! Life is doubtless an illusion, but does that really include cash in hand? I am afraid it does.


PTI
November 16, 2016
As debate on demonetisation rages on across the nation, Finance Minister Arun Jaitley has changed his facebook cover photo which states that India can no longer live with black money.


PTI
New Delhi, November 15, 2016
After the government banned old 500 and 1000 rupee notes, gold and bullion are said to be favoured route for laundering of ill-gotten wealth. Gold was sold as high as Rs 50,000 per ten grams last week against the market price of Rs 31,000 as gold and bullion was said to be used to convert the debunked currency.


Reuters
November 12, 2016
People argued and banged the glass doors of a branch of Standard Chartered in southern Delhi after the security guards blocked entry, saying there were already too many people inside the bank.


PTI
November 9, 2016
Further dangling the stick, government on Wednesday night warned that cash deposits above Rs 2.5 lakh threshold under the 50-day window could attract tax plus a 200 per cent penalty in case of income mismatch.


Joe C Mathew
November 9, 2016
At the stroke of eight on 8th November night, Prime Minister Narendra Modi announced that all 500 and 1000 rupee notes that are in circulation will seize to be legal tender by the midnight.


Mail Today Bureau
New Delhi, October 28, 2016
The RBI expressed concern that some unscrupulous elements are putting into circulation fake Indian currency notes of higher denominations in the course of normal transactions, taking advantage of the gullible and unsuspecting nature of some members of the public.


PTI
October 23, 2016
Anti-terror probe agency NIA will train nearly 200 Bangladeshi police officials in detecting Fake Indian Currency Notes (FICN) after it emerged that the neighbouring country was used for pumping in nearly 80 per cent of counterfeit notes into India.


Anand Adhikari
December 21, 2015
Now, SBI, which was often labelled as old-fashioned, has an aggressive social media strategy, providing Internet and mobile banking solutions with ease to cater to the Gen Y customers.


PTI
New Delhi, September 2, 2015
The Rs 500 and Rs 1000 currency notes with those features will be available soon and be introduced in those of other denominations by May next.


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