Demonetisation - Blog Category | H&R Block
March 14, 2018

Advantages and Disadvantages of Demonetisation

It has been almost a year and a half since government demonetised 500 and 1,000 rupees notes. It was a major decision which had its impact on all sections of the society. Now, everyone wants to know if it was a masterstroke by the government […]
February 25, 2018
Impact of GST Bill on Real Estate

Impact of GST on Real Estate Sector & Other Policy Changes

In this blog we figure out what is the impact of GST on real estate sector and also dive deeper into other policy changes like RERA and Demonetisation which have affected the real estate sector in the past. Click here to read the blog!
March 9, 2017
Remonetization of Currency in India

Remonetisation Begins: Banks Charging Cash Transactions

Effects of demonetisation have almost faded but it has catalysed the process of India’s digitisation. With the beginning of remonetisation, new measures to promote digitisation are being introduced by the government & financial institutions. Some private sector banks namely HDFC, ICICI & Axis bank have […]
March 9, 2017

Can Scribbled and Soiled Notes be Used?

The advent of popular social media platforms like Facebook, Twitter & WhatsApp has made the public more aware of their surroundings but also made them a victim of fake news & baseless rumours. One such incident occurred when an ATM spit out notes with “Sonam […]
January 25, 2017

PAN Card Required for Cash Deals Exceeding Rs. 30,000

The government is planning to use Union Budget 2017-18 to take India closer to becoming cashless economy. Recent reports suggest that government may lower the threshold limit of Rs. 50,000 applicable on cash transactions. The revised limit is expected to be Rs. 30,000. In the […]
January 23, 2017

Impact of Demonetisation on Union Budget 2017 Preparation

Government’s preparation for Union Budget 2017-18 is nearing its climax. Expectations are being raised, predictions are being made. However, any hope and prediction for this budget cannot be made without analysing the impact of demonetisation on it. Demonetisation has affected several industries, and its financial […]
January 17, 2017
benefits and drawbacks if going cashless

Advantages and Disadvantages of Going Cashless

Government is trying to create a cashless environment in the country. Demonetisation appears to be a stepping stone in that direction. To help facilitate this, government even launched its own app BHIM built for the same purpose. It even came up with a number of […]
December 22, 2016

How Long will Cash Crunch Last?

It has been more than a month since government demonetized old currency notes of denomination 500 and 1,000. Nonetheless, people are still lingering with the resulting cash crunch. Government has asked people to bear the pain for 50 days but the prevailing situation has left […]
December 14, 2016

Demonetisation Gives Birth to Innovative Laundering Methods

From Black Money Act and Income Disclosure Scheme to Demonetisation scheme, government has left no stone unturned to demolish parallel economy. However, hardcore tax evaders have taken this as an opportunity to come up with new and increasingly innovative ways to launder cash. Some of […]
November 29, 2016
old Rs.500 notes

Demonetisation: Proposed Revision of I-T Act and Validity Extension of Old Rs. 500 Notes

Government has planned to introduce amendments in the Income Tax Act to nab those who are depositing their undeclared income into bank accounts post 8 November. Government has used several tactics so far to flush out black money from the system but every time black […]