Tag: Demonetisation

New Delhi/Bhubaneswar: The Rs 1000 currency note, which was demonetised on November 8 last year, will be relaunched by the Reserve Bank of India (RBI) in a new avatar soon. The new note with enhanced security features could be out as early as December 2017, according to DNA sources. The printing presses of RBI at […]

Mumbai/Bhubaneswar: The Reserve Bank of India today issued a new batch of Rs 500 denomination notes. The new notes will be circulated in the market soon while the existing Rs 500 notes will continue. Official sources of RBI said, a new batch of banknotes with inset letter “A” in both the number panels, bearing the […]

Bhubaneswar: BJD, which had supported demonisitisation, today sought a white paper on its impact and asked the Centre to inform the people as to how much black money was seized. “It was told that demonetisation would help bring back black money and end naxal and terrorist activities. The people across the country would like to […]

Baripada: Even as the deadline for depositing old demonetised currencies of Rs 500 and Rs 1000 is over, Jharpokharia police of Mayurbhanj is yet to exchange old cash worth Rs 2.88 lakh and continues to struggle between legal and banking norms. As per sources, the police had approached regional Reserve Bank of India (RBI) office in […]

Bhubaneswar: As many as 1092 persons in the state are under the Income Tax (IT) department’s scanner as they have been detected to have deposited hefty amounts to the tune of over Rs 50 lakh each in various banks in Odisha following the demonetization move. Talking to media persons here on Friday, Income-Tax Chief Commissioner […]

Bhubaneswar: With Prime Minister Narendra Modi’s Digital India campaign getting momentum post demonetisation, the Odisha government has also outlined robust plans to spread internet connectivity to the remotest part of the State by 2020. Chief minister Naveen Patnaik on Thursday said the State government will provide internet connectivity to all gram panchayats (GPs) in next […]

Bhubaneswar: Income Tax (IT) officials continued their raid at the house and office of Khariar Divisional Forest Officer (DFO) Sarat Chandra Panda on the second day today. Panda is booked under charges of tax evasion. The house of Panda at Gouri Nagar in Bhubaneswar and another house at Anantapur under Soro block in Balasore district […]

Bolangir: More than two-and-half-month after a sensational loot of cash to the tune of Rs 80 lakh from different bank ATM counters, the Bolangir Town Police  has finally managed to nab the prime accused from Kolkata. Police have also seized cash worth Rs 26,46,700 and 10 SIM cards from the possession of the accused who […]

Bhubaneswar: Amidst falling revenue, the Odisha government’s focus will be on increasing revenue generation in the upcoming 2018 annual State Budget. At the pre-budget meeting of the Finance department with former finance ministers, representatives from industries, economists investors, RBI and Nabard officials, emphasis was laid on the areas through which revenue collection can be increased […]

Bhubaneswar: In a show of strength, Congress party leaders including former Home Minister Shivraj Patil today held a demonstration in front of the Reserve Bank of India (RBI) office in Bhubaneswar protesting against demonetisation and alleged that the poor and middle class sections of the society are worst-hit even after 70 days of the note […]

Bhubaneswar: On account of demonetization, revenue collection in the form of mining royalty and stamp registration fee declined this year as compared to the previous year, informed Odisha Finance secretary Tuhinkant Pandey following a review meeting of the department which was chaired by Chief Secretary, Aditya Padhi at the State Secretariat here today. Also Read: […]

Bhubaneswar: The Trinamool Congress (TMC) will stage a demonstration here today to protest demonetisation and arrest of party MPs Sudip Bandyopadhyay and Babul Supriyo in the Rose Valley chit fund scam. The party workers would stage demonstration followed by a protest meeting at Lower PMG here from 11 AM to 3 PM. TMC general secretary […]

Bhubaneswar: The Odisha Congress will reach out to voters in the State highlighting the plight of the common men faced on account of the Centre’s demonetization move. As per the directions of the All India Congress Committee (AICC), the Odisha Pradesh Congress Committee (OPCC) today convened a meeting of the district presidents and office-bearers of […]

Bhubaneswar: Congress will hold a preparatory meeting on Thursday to chalk out plans for its protest against Demonetisation. According to sources, as per directive from All India Congress Committee (AICC), the Odisha Congress will outline plans for its protest at districts across the state. Apart from this, Congress is likely to prepare strategies for the […]

By Shubhankar Behera Bhubaneswar: Despite a slew of measures announced by Odisha government in its Excise Policy 2016-17 including slashing of deposit fee from Rs 80 lakh to Rs 20 lakh for setting of new units, no investors have evinced interest to establish new facilities in the State. Official sources said, no proposals have been […]