Tribunal directs AO to apply the 30% tax rate on unexplained cash deposits during Nov–Dec 2016, citing Madras High Court ruling, partially allowing assessee’s ...

A wholesale trader of Pan Masala and Bidi secured a significant victory at the ITAT Surat. The tribunal deleted an addition ...

More and more countries around the world are moving away from cash. India's recent announcement that it'll get rid of its highest denomination bill brings back memories of a disastrous experiment to ...

November 9, 2016, was the day when the world witnessed two big unexpected events - one was Mr. Donald Trump winning the U.S. presidential election, and the second was the Indian Prime Minister, Mr.

This article analyzes the impact of demonetization on the volatility of the Indian stock market and assesses the investment certainty in India after demonetization. A symmetric generalized ...

The demonetization took effect April 1. The Bank of Jamaica has demonetized its old cotton banknotes, including the $5,000, $1,000, $500, $100, and $50 denominations. This action is a form of currency ...

It wasn’t a pleasant weekend for majority of Indians. Long, snaking queues outside banks and ATMs grew larger over the weekend in India as the struggle among people to get paper cash intensified. With ...

(Bloomberg) -- Nigeria’s central bank said it would allow old banknotes that were due to be phased out next month to remain legal tender indefinitely. The central bank began replacing old ...