₹ 71 lakh in new currency seized in Karnataka

2000-rupee-note

Close on the heels of I-T sleuths confiscating over ₹ five crore in Bengaluru, another ₹ 71 lakh have been seized from the possession of three persons in ₹ 2000 denomination near here, police said today. “₹ 71 lakh was seized from three persons who were arrested for carrying new ₹ 2,000 notes in their car without any documents at Bailoor More...

by newsuttarakhand | Published 1 day ago
service-tax-new-rates
By newsuttarakhand On Saturday, December 3rd, 2016
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No consensus reached, next GST Council meet on December 11-12

The fifth Goods and Sales Tax+ (GST) Council meeting on Saturday turned out to be inconclusive, as the impasse over the issue of assessee jurisdiction continued. Union Finance Minister Arun Jaitley, who heads the More...

State-Bank-Of-India
By newsuttarakhand On Friday, December 2nd, 2016
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Debit card insecurity? Here’s SBI’s new feature can help

SBI launches On/Off Feature for Debit Card Users To provide greater control to its customers over their debit cards, the State Bank of India has introduced a new feature called, ‘ATM Card Switch ON / OFF’. More...

black-money
By newsuttarakhand On Monday, November 28th, 2016
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Pay 50% tax on unaccounted deposits, or 85% if caught: Govt

Providing a window to black money holders, the government today proposed to levy a total tax, penalty and surcharge of 50 per cent on the amount deposited post demonetisation while higher taxes and stiffer penalty More...

new-numbering-system-for-thousand-rupee-notes
By newsuttarakhand On Monday, November 21st, 2016
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Banks get about Rs 5.44 lakh cr worth of scrapped notes

People have exchanged and deposited over ₹ 5.44 lakh crore worth of scrapped Rs 500/1,000 notes at different banks till November 18 following demonetisation of the higher denomination currency. The banks also More...

indian-railways
By newsuttarakhand On Wednesday, November 16th, 2016
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Merger of Rail Budget With Union Budget

The Government has decided to merge Rail Budget with the Union Budget from budget year 2017-18. The merger of Railway Budget with General Budget is based on the recommendations of the Committee headed by Bibek Debroy, More...

indian-rupees
By newsuttarakhand On Friday, November 11th, 2016
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SBI gets Rs 53,000 crore deposits till mid-day after old Rs 500 and 1000 notes withdrawn

State Bank of India (SBI) on Friday said it has received deposits worth Rs 53,000 crore after the government scrapped Rs 500/1,000 notes and has exchanged currency worth about Rs 1,500 crore so far. “The bank More...

BSE-Bombay_Stock_Exchange_Building
By newsuttarakhand On Wednesday, November 9th, 2016
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#CurrencyBan Effect: Investors lose Rs 1.75 lakh crore in market crash

Stock market investors became poorer by Rs 1.75 lakh crore today amid sharp sell-off in key indices after Donald Trump’s victory in the US election and the government’s decision to withdraw high-value More...

new-numbering-system-for-thousand-rupee-notes
By newsuttarakhand On Tuesday, November 8th, 2016
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500 and 1000 Rupee note not to be legal tender from 08 November midnight onwards

Key points from PM Modi’s address to the nationRupees 500 and 1000 denomination notes to be discotinued from midnight of November 8 Rupees 500 and 1000 notes can be exchanged at banks or post offices from More...

By newsuttarakhand On Friday, November 4th, 2016
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ONGC gas row: Govt imposes $1.55 bn demand on aRIL-BP-Niko

Government has slapped a USD 1.55 billion demand on Reliance Industries and its partners BP and Niko for “unfairly enriching” by producing natural gas belonging to state-owned ONGC, a move that is most More...