Government has reacted after media reports said that the Government may be bringing an amendment to the Payment of Wages Act to make mandatory the payment of wages to the workers only through cheque or accounts transfers. This is not the correct position. On Wages Act, Government has issued a note stating: It is clarified […]
Government of India has taken the note of newspaper reports that suggested that it is soft on the black money hoarding done by the political parties. In a press statement, the government has categorically denied it. The statement by the Government of India states: There have been some newspaper reports which seem to wrongly suggest that […]
Karanvir Bohra was out in full force to help the people who were standing outside banks as India’s crackdown against black money has also created overcrowding at financial institutions. The actor distributed lemonade to the people outside a bank and he was accompanied by his mother, father, and friends. Karanvir Bohra shared his experience with […]
Rishi Kapoor is at it again! This time the actor is after Arvind Kejriwal over his incessant demand that the black money crackdown should be rolled back. Reacting to a report whose headline was “PM Modi should apologise and roll back demonetisation move, says Arvind Kejriwal” Rishi Kapoor reacted like this: Rishi earlier targeted Donald […]
The Indian Railways has announced that it won’t give any refund on cancellation of tickets in cash to the passengers and will start issuing the ticket deposit receipts as the news poured in that there is a shortage of lower denominations currency notes at a lot of railway counters. The Indian Railways has announced that in […]
Narendra Modi today expressed his happiness at the way the public has reacted to the restrictions on the currency of Rs 500 and Rs 1000. The measures were taken to curb the black money in the nation and to make the economy more transparent. Already several notable figures including none other than the biggest superstar […]
There are lots of misconceptions with regards to currency deposition in banks. These FAQs have been answered by Revenue Secretary Dr. Hasmukh Adhia on the actions taken by Income Tax Department in respect of old currency deposited in banks: Q.1 A lot of small businessmen, housewives, artisans, workers may have some cash lying as their […]
In a historical move that will add record strength in the fight against corruption, black money, money laundering, terrorism and financing of terrorists as well as counterfeit notes, the Government of India has decided that the five hundred and one thousand rupee notes will no longer be legal tender from midnight, 8th November 2016. The […]
