The decline is mainly due to the Reserve Bank of India’s (RBI) decision to withdraw the Rs 2,000 denomination notes from circulation on May 19 this year.
The LocalCircles survey shows 76% of Indians who bought a property or land in the last seven years of demonetisation used cash to make payments. Even today, cash is being used by a majority of households to buy groceries, make payment to domestic staff
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition of cash deposits during demonetisation on account of the sale of petrol, diesel, and other petroleum products.The.
NMP estimates aggregate monetisation potential of Rs 6 lakh crores through core assets of the Central Government, over a four-year period, from FY2022 to FY2025.