Tag Archives: demonetisation

Year after demonetisation, real estate boom in Gujarat churns out ‘black money’

The rebound is noteworthy especially after transactions across Gujarat fell by 43 per cent towards the end of November 2016, the month when demonetisation was announced. A year after demonetisation brought the cash-rich real estate sector to its knees, property ...

Read More »

One year since demonetisation: BJP, Opposition tear into each other

One celebrates demonetisation anniversary as anti-black money day; the other calls it black day The first anniversary of the Union government’s demonetisation of high value currency saw the BJP and the Opposition go head to head on whether the move ...

Read More »

Demonetisation: Prakash Raj seeks apology for ‘biggest blunder of our time’

“While the rich found ways to convert their black money into shiny new notes, this disruptive impact made millions suffer helplessly and the unorganised sector workers went for spin. Would you mind saying sorry?” Actor Prakash Raj on November 8 ...

Read More »

Demonetisation anniversary: New numbers are in, 1.5 million jobs lost in January-April this year

According to CMIE data, the estimated total employment during January-April 2017 was 405 million compared to 406.5 million during the preceding four months, September-December 2016. Alongside the problem of bad loans, the issue of job creation remains the biggest challenge ...

Read More »

Growth in e-filing of tax returns up by 17 per cent post demonetisation

The I-T department has already chosen 20,572 tax returns for “detailed scrutiny” suspecting discrepancies in incomes before and after demonetisation The e-filing of income tax returns (ITRs) went up by 17 per cent post demonetisation, while the rise in the ...

Read More »