Rs 100, Rs 2000 notes likely to reach State today Thousands rush to banks to exchange notes

IMPHAL, Nov 10: Additional currency notes of Rs 100 and new currency notes of Rs 2000 may be brought to Imphal by air tomorrow. Briefing media persons at the conference hall of Old Secretariat today, Chief Secretary O Nabakishore stated that banks were opened today as usual and people were allowed to deposit Rs 500 […]

IMPHAL, Nov 10: Additional currency notes of Rs 100 and new currency notes of Rs 2000 may be brought to Imphal by air tomorrow. Briefing media persons at the conference hall of Old Secretariat today, Chief Secretary O Nabakishore stated that banks were opened today as usual and people were allowed to deposit Rs 500 […]

Read more / Original news source: http://kanglaonline.com/2016/11/rs-100-rs-2000-notes-likely-to-reach-state-today-thousands-rush-to-banks-to-exchange-notes/

I-T Dept to keep record of deposits over Rs 2 lakh

Mumbai , Nov 9: With demonetisation of Rs 500 and Rs 1000 currency notes, the Government has directed Income-Tax Department to coordinate with all banks and furnish details of individuals who exchange cash amount of Rs 2 lakh and above. “A key reason for scrapping these two currency denominations is to curb the huge menace […]

Mumbai , Nov 9: With demonetisation of Rs 500 and Rs 1000 currency notes, the Government has directed Income-Tax Department to coordinate with all banks and furnish details of individuals who exchange cash amount of Rs 2 lakh and above. “A key reason for scrapping these two currency denominations is to curb the huge menace […]

Read more / Original news source: http://kanglaonline.com/2016/11/i-t-dept-to-keep-record-of-deposits-over-rs-2-lakh/

Currency demonetisation: RBI got 6 months to prepare for this

NEW DELHI: Around six months ago, the government asked the RBI to prepare for its latest assault on black money, and told the currency manager to print more Rs 50 and Rs 100 notes, with PM Modi having decided to phase out the current lot of Rs 500 and Rs 1,000 notes earlier this year. […]

NEW DELHI: Around six months ago, the government asked the RBI to prepare for its latest assault on black money, and told the currency manager to print more Rs 50 and Rs 100 notes, with PM Modi having decided to phase out the current lot of Rs 500 and Rs 1,000 notes earlier this year. […]

Read more / Original news source: http://kanglaonline.com/2016/11/currency-demonetisation-rbi-got-6-months-to-prepare-for-this/