January 5, 2017

Demonetisation- Sixty days of extended relief for NRIs

Demonetisation Sixty days of extended relief for NRIs

As the country waited for the Prime minister’s speech on 31st December 2016 with anxiety and anticipation, the RBI prepared some more guidelines to make demonetisation a relatively process for the NRIs. Midnight, the central banking authority of India declared that it was extending the date by which the NRIs can exchange their banned notes. […]

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December 22, 2016



Post November 8, the country has been debating on whether it helps to have a cashless economy or not. With that, there have been discussions going on about how exactly to convert the economy into a digital one.Somewhere in the background, this move towards turning into a cashless economy has shown its effect on the […]

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December 17, 2016

Demonetisation effects on GST

demonetisation effects on GST

GST Caught Between Political Tussles – Fallout of Demonetisation and the wave thereafter!Would Prime Minister Modi have thought that his ‘surgical strike’ on black money have an impact on the other proposed wonder drug of the economy – the GST? Well it looks like it is creating an impact on those lines. The tsunami that […]

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December 3, 2016

Demonetising _ The changing Taxation scenario in India


In the past one month or so, there has been a wave of changes introduced due to the demonetisation process carried out by the Modi government. Besides a general ban on the old 500 and 1000 notes, in the recent days, there were many announcements made regarding gold and related schemes.Somewhere in all this, there […]

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December 2, 2016

All That Glitters, Will be Monitored – Gold Deposit Norms


In the plethora of guidelines being issued under the Demonetisation wave, the Government has now declared the following regarding the Gold deposit that individuals can have: All jewellery that has been bought with declared wealth or income will not be taxed Ancestral jewellery will also be spared taxation Married women have been allowed to possess […]

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November 22, 2016

Demonetisation Myths and Rumours


Whenever major sweeping changes are made in an existing system, some myths and rumours are bound to be floated around too – partly because of the ignorance of the masses and partly because of a tendency of a section of people to create confusion and panic. The Modi government’s recent Demonetization move is no exception! […]

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