Chennai evasion case: Fresh Rs 24 cr in new notes seized

Chennai evasion case: Fresh Rs 24 cr in new notes seized

A fresh seizure of Rs 24 crore cash in new notes was made by the Income Tax department on Saturday, adding to the biggest haul of cash and gold post demonetisation, in which over Rs 142 crore unaccounted assets have been recovered in tax operations so far in Chennai. Officials said the fresh seizure of […]

Won’t allow H1B visa holders to replace U.S workers: Trump

Won’t allow H1B visa holders to replace U.S workers: Trump

President-elect Donald Trump has said he would not allow Americans to be replaced by foreign workers, in an apparent reference to cases like that of Disney World and other American companies wherein people hired on H-1B visas, including Indians, displaced U.S workers. “We will fight to protect every last American life,” Trump told thousands of […]

SC modifies National Anthem order, exempts differently abled

SC modifies National Anthem order, exempts differently abled

The Supreme Court on Friday modified its order on the National Anthem and exempted physically handicapped persons from standing before the screening of a movie in cinema halls across the nation. It also clarified that doors of theatres need not be bolted when the National Anthem is played. The order was passed by a bench […]

Samsung to disable Note 7 phones in recall effort

Samsung to disable Note 7 phones in recall effort

Samsung announced it would disable its Galaxy Note 7 smartphones in the US market to force remaining owners to stop using the devices, which were recalled for safety reasons. The South Korean electronics giant, the world’s biggest smartphone vendor, said 93 percent of Note 7 phones in the United States had been returned to the […]

Digital transactions surged up to 1000% since Nov 8: Minister

Digital transactions surged up to 1000% since Nov 8: Minister

Digital transactions have surged in the range of 400-1,000 per cent since November 8 when government announced discontinuation of old Rs 500/1000 notes, Law and IT Minister Ravi Shankar Prasad said. “Digital payments have increased in the range of 400 to 1,000 per cent since November 8. This figure does not include transactions done through […]

Kerala govt launches mobile apps to fight corruption

Kerala govt launches mobile apps to fight corruption

Seeking to fight corruption with the active participation of people, Kerala government on Friday launched two mobile applications which can be used to upload information regarding graft. Chief Minister Pinarayi Vijayan launched the applications – ‘ArisingKerala’ and ‘Whistle Now’ – at a function in Thiruvananthapuram on the occasion of International Anti-Corruption Day. Using the apps, […]

Govt decides to print plastic currency notes

Govt decides to print plastic currency notes

Government on Friday informed Parliament that a decision has been taken to print plastic currency notes and procurement of material has started. “It has been decided to print banknotes based on plastic or polymer substrate. The process of procurement has been initiated,” Minister of State for Finance Arjun Ram Meghwal said to a query whether […]

South Korean lawmakers vote to impeach President Park Geun-hye

South Korean lawmakers vote to impeach President Park Geun-hye

South Korea’s parliament has voted to impeach President Park Geun-hye over a corruption scandal. The National Assembly motion passed by 234 votes to 56, meaning some members of Park’s ruling Saenuri party voted to impeach her. Park’s authority now passes to Prime Minister Hwang Kyo-ahn. She has been embroiled in a political scandal that led […]

Rs10 cr in new notes, total Rs 106 cr, 127kg gold seized by I-T

Rs10 cr in new notes, total Rs 106 cr, 127kg gold seized by I-T

The Income Tax department has seized at least Rs 106 crore in cash, including Rs 10 crore in new currency, and gold bars weighing 127 kg in searches at multiple locations in Chennai to check tax evasion post demonetization. This is the largest seizure of new currency notes after the old Rs 500 and Rs […]

Buying petrol, insurance via digital mode to be cheaper: Minister

Buying petrol, insurance via digital mode to be cheaper: Minister

In bid to promote less-cash economy, the government on Thursday announced discount on an array of services from buying petrol to insurance and railway tickets through the digital mode and waived service tax on card transactions of up to Rs 2,000. A discount of 0.75 per cent will be offered on purchase of petrol and […]

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