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 Demonetisation: Just one day left to deposit old Rs 500, Rs 1,000 notes
85 Views, 29-12-2016, Courtsey News Live

   As the 50-day deadline for completion of demonetisation process draws near, people have just a day to deposit old Rs 500, Rs 1,000 notes, pinning their hope on an extension of the date.   While many expect the government to extend the deadline of December 30 for deposit of inval...Read more

Amid cash crunch, Gold prices fall to lowest in 11 months
159 Views, 26-12-2016, Courtsey News Live

: Gold prices slumped by Rs. 250 to hit an over 11-month low of Rs. 27,550 per 10 grams at the bullion market on Monday due to weak demand from jewellers and lower advices from futures trade. Silver also fell by Rs. 210 to Rs. 38,600 per kg on reduced offtake by industrial units and coin makers. T...Read more

Now, Snapdeal to deliver Rs 2,000 notes at your doorstep
206 Views, 22-12-2016, Courtsey News Live

: India\’s largest online marketplace Snapdeal has announced the launch of "Cash@Home" service, which allows users to order cash and have it delivered at their doorstep. The service is a goodwill gesture by Snapdeal to allow users to easily access cash without having to queue up at ...Read more

 Centre okays Ordinance to let firms pay salary via e-mode, cheque
130 Views, 22-12-2016, Courtsey News Live

Amid currency crunch, the government on Wednesday brought an Ordinance to amend the Payment of Wage Act for allowing business and industrial establishments to pay salaries through cheques or by using electronic modes.   However, employers will also have the option to pay wages in cash.  ...Read more

Banks stop questioning cash depositors after fresh RBI directive
487 Views, 21-12-2016, Courtsey News Live

: Banks today began accepting the junked Rs 500/1000 notes in KYC-compliant accounts without any questions following RBI\’s rollback of its stiff conditions a day after customers were subjected to queries while depositing old currency.  With hardly 10 days to go before the deadline ends ...Read more

I-T detects over Rs 3,185 crore black income; seizes Rs 86 crore new notes
228 Views, 20-12-2016, Courtsey News Live

: Over Rs 3,185 crore of un-disclosed income has been detected while Rs 86 crore worth new notes have been seized by the Income Tax department as part of its country-wide operations against black money hoarders post the demonetisation of two high value currencies by the government. Official sources...Read more