Tag: black money
No more exchange of old Rs 500 and Rs 1000 notes
Tightening its demonetisation policy, the Centre has announced that it would no longer allow over-the-counter exchange of old Rs 500 and Rs 1000 notes from Saturday. Another major aspect of the announcement...
India and Switzerland sign agreement to end Swiss banking secrecy
In a step towards fighting black money stashed overseas, Switzerland on Tuesday agreed to automatic sharing of information with India on Swiss bank accounts of Indians as of September 2018 and onwards. They...
This is How India’s currency ban is hurting the poor
India's latest crackdown on black money is turning out to be a nightmare for the poor and the middle class. Three days after 500 ($7) and 1,000 rupee notes were withdrawn as part...
India scraps 500 and 1000 rupee notes overnight
Prime Minister Narendra Modi on Tuesday made a sudden announcement said that from the midnight of 8 November, currency notes of Rs 1,000 and Rs 500 denominations will no longer be legal...
Black Money: India submits list of 627 Names to Supreme Court
New Delhi: The Indian government has today given a list containing names of all all illegal foreign bank account holders to the Supreme Court. The list with 627 names and status report of their...
Modi Government set to track black money
New Delhi, May 27: The Narendra Modi-government, in its first decision after assuming office today, has set up a special investigative team (SIT) headed by former Supreme Court judge M.B. Shah to...