Finance - general
Govt to print plastic currency to foil counterfeiting; scraps all Rs500 notes
09 Dec 2016
The government is working on the introduction of plastic currency notes in its bid to stop counterfeiting of banknotes, even as the abrupt demonetisation failed to drive out bad money from the economy
Government to forgo tax on card transactions below Rs2,000
08 Dec 2016
Considering that 50-60 per cent of digital transactions in India are sub-Rs2,000 in value, this will cause a big revenue loss for the government
FM points to 16 Sept deadline as consensus evades GST council meet
03 Dec 2016
The finance minister, says that efforts will be made to have a wide tax base and simple and reasonable tax rate, even as the first day of the fifth meeting of the GST Council failed to break fresh ground
Govt’s public debt up 3% in Q2 of FY17
28 Nov 2016
Govt sees windfall with 60% tax on unaccounted cash
26 Nov 2016
Government expects the cash pile of demonetised currency at banks to swell to around Rs15,00,000 crore by the end of the 50-day window on 30 December
Life of old Rs500 notes extended, new services added as swap widow shuts
25 Nov 2016
The government on Thursday closed the window for over-the-counter exchange of demonetised Rs1,000 and Rs500 currency notes, but extended the exemptions for the use of the old series Rs500 notes till 15 December
Nabard sanctions Rs21,000-cr for farm credit, banks boost cash flows
23 Nov 2016
Service charges on all transactions through feature phones have been waived till 31 December while public sector banks and some private banks have agreed to waive off service charges on debit cards
Demonitisation roll back: farmers allowed to use old Rs500 notes
21 Nov 2016
In a partial roll-back of the decision to demonetise high denomination currency notes, the government has allowed farmers to use discarded currency notes of Rs500 in the middle of the Rabi sowing season
Demonitisation roll back: farmers allowed to use old Rs500 notes
21 Nov 2016
In a partial roll-back of the decision to demonetise high denomination currency notes, the government has allowed farmers to use discarded currency notes of Rs500 in the middle of the Rabi sowing season
Cash crunch delays rabi planting
19 Nov 2016
India’s GDP seen falling to 5.8% hit by cash crunch
19 Nov 2016
The severe cash crunch following the sudden demonetisation of high-value currency has disrupted economic activity across the country
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