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News. Views. Analyses. Conversations. India’s No.1 digital news destination, world’s largest-selling English newspaper.
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Although there are no exact figures, estimates for black money range from 20-66% of the GDP. That is, anywhere between Rs 27 lakh crore and Rs 90 lakh crore.
So, is all this going to be unearthed by the present demonetisation?
So, is all this going to be unearthed by the present demonetisation?
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The government is using helicopters and IAF planes to move cash quickly.
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The Government on Thursday lowered the exchange limit for now-defunct 500 and 1,000 rupee notes to Rs 2,000 from the existing cap of Rs 4,500, effective tomorrow.
Among other measures, it has allowed up to Rs 2.5 lakh cash withdrawal from the bank account of a bride or a groom or their parents during the ongoing wedding season.
Among other measures, it has allowed up to Rs 2.5 lakh cash withdrawal from the bank account of a bride or a groom or their parents during the ongoing wedding season.
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