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Demonetisation Live: India Witnessing an Economic Revolution, Says PM Modi

News18.com | December 14, 2016, 3:25 PM IST
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New Delhi: Prime Minister Narendra Modi (while pointing towards demonetisation) said that India is witnessing an economic transformation.

While addressing the Asian Business Leaders' Conclave 2016 in Malaysia (via video conference), he said, "We are now moving towards a digital and cashless economy. I welcome all to invest in India".
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Dec 14, 2016 3:25 pm (IST)
Minorities Panel Seeks Info on Cash Allotment in Hyderabad Old City

The commission has asked banks to take special care of residents in old city irrespective of religion as many of them are daily wage earners, and also to send mobile banks.

Dec 14, 2016 3:09 pm (IST)
Dec 14, 2016 3:09 pm (IST)
Dec 14, 2016 3:09 pm (IST)
Dec 14, 2016 2:43 pm (IST)

All government colleges in Haryana are being made 'free Wi-Fi campuses' which would also promote cashless transactions: State Education Minister Ram Bilas Sharma

Dec 14, 2016 2:41 pm (IST)
MP Govt Starts Campaign to Impart Cashless Training to Farmers

In the directives, the SAMB stated that farmers should be imparted training for continuing commercial activities without any hurdles and easy payment to them in Mandis after demonetisation.

Dec 14, 2016 2:40 pm (IST)

Demonetisation would lead the country toward a national disaster and that PM Modi does not deserve a pardon: Former Defence minister A K Antony

Dec 14, 2016 2:38 pm (IST)
Cleaning System From Black Money High on My Agenda: PM Modi

Against the backdrop of his demonetisation decision, Prime Minister Narendra Modi on Wednesday said cleaning the system from black money and corruption is

Dec 14, 2016 2:22 pm (IST)

To promote cashless transactions, Chhattisgarh government has decided to exempt purchase of card swipe machine from Value Added Tax.

Dec 14, 2016 2:20 pm (IST)

Madhya Pradesh govt starts campaign to impart cashless training to farmers.

Dec 14, 2016 2:16 pm (IST)

PM Modi is the changing country, while parties likes BSP, SP and Congress are changing notes: Union Minister Prakash Javadekar

Dec 14, 2016 2:14 pm (IST)

We have only said that implementation of demonetisation was done in haste, we have not spoken against demonetisation: JDU leader KC Tyagi

Dec 14, 2016 1:46 pm (IST)
Dec 14, 2016 1:42 pm (IST)

Recent collection figures show 15% growth in direct taxes in April-November, indirect taxes rose 26% in the same period: Govt. sources   

Dec 14, 2016 1:41 pm (IST)

PM Modi has given a target to double the tax base to 10 Cr in next 5 years: Sources

Dec 14, 2016 1:40 pm (IST)

Increase in digitiaation to bring more people in tax net alert. Currently, India has around 5 Cr individuals in tax net: Govt. Sources

Dec 14, 2016 1:38 pm (IST)

Govt. aims to use revenue gains from demonetisation to fund a taxpayer friendly budget: Sources 

Dec 14, 2016 1:38 pm (IST)

Government Hints at revenue gains to help both direct and indirect taxes more reasonable at “some stage”.

Dec 14, 2016 1:31 pm (IST)

India is currently witnessing an economic transformation: PM Narendra Modi

Dec 14, 2016 1:18 pm (IST)
Dec 14, 2016 1:17 pm (IST)
Dec 14, 2016 1:12 pm (IST)

Rs 24 lakh cash in new currency seized in Goa: PTI

Dec 14, 2016 1:10 pm (IST)
Dec 14, 2016 1:10 pm (IST)
Dec 14, 2016 12:52 pm (IST)
Dec 14, 2016 12:32 pm (IST)
Dec 14, 2016 12:14 pm (IST)

Ravindra Yadav (Joint CP, Crime Branch) 

* Joint op was carried out legally;Rs 3.25 crore recovered 

* 5 ppl detained &handed over to IT&ED, probe on

* Group used to take old currency from Delhi &convert it into new/white money in Mumbai

* They have working on this since Nov 9.

*  They used to pack cash with wires and keep it with telephone equipment in check-in bags

Dec 14, 2016 12:08 pm (IST)
Dec 14, 2016 12:08 pm (IST)
Dec 14, 2016 12:06 pm (IST)

Old Rs,500 notes will be acceptable only till Dec 15th midnight at medicine shops and for making public utility services payment. Post the deadline, old Rs 500 notes have to be deposited in Banks only

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Demonetisation Live: India Witnessing an Economic Revolution, Says PM Modi
Bank employees dispensing cash through micro-ATMs at North Block in New Delhi on Tuesday. (Image: PTI)

Government's exemptions for use of old Rs.500 notes will end on December 15 midnight, not December 14 as reported by the media, Department of Economic Affairs tweeted on Wednesday. Raids continue unabated across the country, revealing large caches of unaccounted cash, much of it in new currency notes.

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