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Arthakranti

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Demonetisation: Why Did RBI Protect Modi?

Events proved that on every count the RBI had accurately predicted both the damage and the lack of benefit.What the RBI was hiding was the fact that Modi had ignored its concerns -- all of which......

Why banking transaction tax may not be evasion-proof

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......

Months before 8/11, MP, Haryana probed note ban

States sent queries for research to NIPFP in Feb-March; Work on research started around July, reveal Nitin Sethi and Ishan Bakshi.Illustration: Uttam Ghosh/Rediff.com Months before demonetisation,......

Demonetisation: Who knew, who didn't

'A bit of foresight would have helped.''Isn't it common sense that this is sowing and wedding season?''The plan is indeed unquestionably revolutionary, but better preparedness could have avoided......

Commerce minister: 'There is no panic'

'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......

Coming Next? No income tax, only BTT

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,......

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