demonetisation Archive

Counting of Specified Bank Notes-RBI says it uses hi-tech machines

Author: | Categories: RBI No comments
Counting of Specified Bank Notes-RBI says it uses hi-tech machines. Press had reported that RBI was not using machines for counting SBNs Reserve Bank of India September 10, 2017 RBI says it uses sophisticated machines for processing currency notes It has been reported in a section of the press,

 

Impact of Demonetisation on Black Money-Widening of Tax Base and Direct Tax Collections

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Impact of Demonetisation on Black Money Widening of Tax Base and Direct Tax Collections. Govt. largely relying on income tax figures to justify demonetisation Press Information Bureau  Government of India Ministry of Finance 31-August-2017 16:52 IST Impact of Demonetisation on Black Money, Widening of Tax Base and Direct Tax

 

Number of Taxpayers added after Demonetization-clarification on different figures given at PM Speech, FM Statement etc.

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Number of Taxpayers added after Demonetization-clarification on media reports on different figures given at PM Speech, FM Statement, Rajya Sabha Reply etc. Press Information Bureau  Government of India Ministry of Finance 18-August-2017 19:37 IST Clarification regarding number of Taxpayers added after Demonetization  Various news reports/articles have appeared in the

 

Increase of 25% in number of ITRs filed due to demonetization and Operation Clean Money

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Increase of 25% in number of ITRs due to demonetization and Operation Clean Money. Advance Tax (Personal Income Tax) collections also up by 41% Press Information Bureau  Government of India Ministry of Finance 07-August-2017 17:13 IST 25% growth in number of Income Tax Returns filed in current fiscal Advance

 

Recovery of undisclosed income post demonitization

Author: | Categories: Black Money No comments
Recovery of undisclosed income post demonitization Press Information Bureau  Government of India Ministry of Finance 01-August-2017 17:47 IST Recovery of undisclosed income post demonitization  With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities

 

Increase in number of Income Tax payers after demonetisation

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Increase in number of Income Tax payers after demonetisation Press Information Bureau  Government of India Ministry of Finance 01-August-2017 17:45 IST Increase in number of Income Tax payers after demonetisation The number of income tax payers has increased after demonetization. During the period of 09.11.2016 to 31.03.2017, 1.96 crore

 

Demonetisation-searches-surveys verification & income detected by ITD from 9th Nov 2016 to 10th Jan 2017

Author: | Categories: Finance Ministry No comments
Demonetisation-searches-surveys verification and income detected by ITD from 9th November 2016 to 10th January 2017. Govt defends Demonetisation with data Press Information Bureau  Government of India Ministry of Finance 21-July-2017 17:28 IST Demonetisation: From 9th November 2016 to 10th January 2017, more than 1100 searches and surveys were conducted