Tag Archives: demonetisation

Demonetisation Impact on Black Money & Direct Tax of India

By | August 31, 2017

Impact of Demonetisation on Black Money, Widening of Tax Base and Direct Tax Collections The Government of India launched a concerted drive against black money with Demonetisation being an important step in that direction. Among the main objectives of Demonetisation was the flushing out of black money and also conversion of the non-formal economy into… Read More »

Demonetisation -Article by Arun Jaitley (Finance Minister of India)

By | January 8, 2017

Text of the Article on Demonetisation by the Union Finance Minister Shri Arun Jaitley Following is the full Text of the Article entitled “Demonetisation – A Look Back at the last Two Months” by the Union Finance Minister Shri Arun Jaitley: “Two months have passed since the Prime Minister announced the decision that high denominational… Read More »

Post Demonetization -ICAI issued Advisory for CA Members

By | December 11, 2016

ANNOUNCEMENT For attention of Members Demonetisation Policy announced by Government of India- An Advisory for Members As you may be aware, the ICAI has always been supportive of the bold initiatives taken by the Government in strengthening the economic growth of our country and also in its efforts to weed out black money and corruption… Read More »

Use your old Rs 500 notes for 23 transactions

By | November 25, 2016

Demonetisation : 23 places you can still use your old Rs 500 notes 24 Nov, 2016, 20:38 pm Government has permitted various exemptions for certain transactions and activities wherein payment could be made only through old Rs 500 notes. [ read Govt Notification Permissible payments with old bank note Date Extended till 15 Dec 2016 with… Read More »