Treasury Division spokeswoman Dawn Selak said in an announcement late Tuesday that the cash payments have been essential as a result of “efficiency of U.S. and Intercontinental sanctions,” which isolated Iran through the Intercontinental finance technique.

This graph was utilizing the legacy Graph extension, and that is no more supported. It should be converted to The brand new Chart extension.

Following the announcement of demonetisation, a notable businessman claimed to possess gained prior idea-offs and rumours warning of your transfer and right after observing leaked pictures of recent ₹2,000 notes "knew what was coming", permitting them to maintain their money by changing it into smaller sized denominations.

Although details released by RBI in Nov 2021 confirmed that cash circulation in India has basically greater appreciably considering that demonetization and demonetization has not necessarily transformed cash buyers to electronic end users.[271]

World & Nation Ukraine’s key minister resigns, opening the doorway to some wide federal government reshuffle

He also famous that it may cause the general public impression in favour of The federal government which happens to be led from the BJP In case the opposition parties, led through the INC, fail to variety the countervailing narrative.[260] Massachusetts Institute of Technologies affiliated lecturers Abhijit Banerjee and Namrata Kala also opined exactly the same.[196]

This information is predicated to the consumer agent string described by your browser. Any extensions and plugins you have got put in may modify the consumer agent string. We been given: Firefox, 2

The Obama administration had claimed the functions ended up individual, but not long ago acknowledged the cash was used as leverage till the Americans ended up permitted to go away Iran. The remaining $one.

The government mentioned that the leading aim of the physical exercise was curbing black funds, which involved profits which experienced not been claimed and so was untaxed; revenue attained through corruption, unlawful merchandise gross sales and unlawful functions which include human trafficking; and copyright forex.

Other said objectives included expanding the tax foundation and expanding the number of taxpayers; minimizing the check here number of transactions performed by cash; cutting down the finances accessible to terrorists and radical groups including the Naxalite Maoists; and integrating the formal and casual economies.[58][fifty nine][60]

Use the breadcrumbs at the top from the webpage to navigate back to the most recent Cash winning numbers, more information about Cash or the Tennessee Point out homepage.

Using demonetised banknotes was allowed with the payment of municipal and local civic body taxes, bringing about a jump of their income collections.

This graph was using the legacy Graph extension, that's now not supported. It has to be transformed to The brand new Chart extension.

This website is utilizing a protection company to protect by itself from on the web attacks. The action you only executed brought on the safety Answer. There are plenty of steps that could cause this block which include publishing a specific term or phrase, a SQL command or malformed details.

This graph was using the legacy Graph extension, that is no longer supported. It needs to be transformed to the new Chart extension.