According to the NIPFP, there is the possibility that even if the banking system matures over time, some transactions could bypass the system so as not to pay the BTT. Illustration: Uttam......
'There has to be an 18-month transition.''But if the government had some prior knowledge that the high value notes were being used for an imminent terrorist activity in the country, then we have to......
'People are willing to face temporary inconvenience as they are determined to support PM Modi's crackdown on black money,' Commerce Minister Nirmala Sitharaman tells Archis Mohan. 'Why will black......
ArthaKranti, which suggested demonetising Rs 500 and Rs 1,000 currency notes, wants the government to abolish income tax and replace it by a banking transaction tax.Archis Mohan reports. 'Imagine,......
The structural reforms that the new government is putting in place will take up to 18 months to bear fruit, says Sanjeev Sanyal (below left), global strategist, Deutsche Bank. In an......