The sources said it was the Chettinad Group; More than 50 locations are being registered in Chennai, Bengaluru and elsewhere. The Income Tax Department (TI) knocked on the doors of a major business house in the state, based in Chennai, on Wednesday. More than 60 locations, including factories, offices and …
Read More »Demonetization stopped black money: Narendra Modi
Rahul Gandhi blames the ban on the notes for “destroying” the economy, allowing Bangladesh to “overtake” India. On the fourth anniversary of the demonetization, Prime Minister Narendra Modi said on Sunday that the move helped reduce black money, increase tax compliance and formalize the economy. Former Congress Speaker Rahul Gandhi …
Read More »Demonetization Boosted Transparency and Tax Compliance: PM | India News
NEW DELHI: Prime Minister Narendra Modi has hailed the demonetization measure of November 8, 2016, claiming that it has given a boost to transparency. In a tweet on Sunday, Modi said the move helped reduce black money, increased tax compliance and formalization, and gave a boost to transparency, and the …
Read More »Ban Anniversary Note: BJP Says Corruption Attack, “Economy Destroyed,” Says Cong India News
NEW DELHI: The BJP hailed the demonetization 2016 stunt as an attack on corruption and black money, while Congress claimed that the Modi government has continually changed the explanatory reasons for carrying out the measure four years ago that has ‘destroyed’ the economy. On the measure’s fourth anniversary, Prime Minister …
Read More »DeMo Anniversary: Prime Minister Modi Salutes Measure, Congress Observes Betrayal Day
Prime Minister Narendra Modi on Sunday praised his government’s demonetization move four years ago, saying it gave a boost to transparency. In a tweet on Sunday, Modi said the measure helped reduce black money, increased tax compliance and formalization, and gave a boost to transparency and that the results have …
Read More »The ban on notes was very beneficial
Prime Minister Modi said that demonetization had helped improve tax collection. New Delhi: Four years after announcing a surprise decision to replace nearly 86 percent of all India’s cash that sends shockwaves into the economy that has yet to fully recover, Prime Minister Narendra Modi on Sunday defended the move. …
Read More »Demonetization cleaned up the economy and dealt a blow to black money: BJP
The demonetization was an “attack” on corruption and black money that were rampant during the “lost decade” of the congressional-led UPA government, the BJP said on Sunday while attacking the opposition party for criticizing the move. On November 8, 2016, Prime Minister Narendra Modi announced the decision to ban all …
Read More »After 4 years of demonetization, Prime Minister Modi says he helped reduce black money
Prime Minister Narendra Modi, in the fourth year of demonetization implementation, which aims to remove hidden money from the tax collector, known as black money, said that “demonetization has helped reduce black money, increase compliance tax and formalization and has given a boost to transparency. “ In a tweet explaining …
Read More »