https://www.taxtmi.com/news?id=17149 The central bank Governor will brief a parliamentary finance panel on the contours of demonetisation and measures to ease the currency shortage; the panel, having heard divided expert views, will probe cash to GDP and tax to GDP ratios and question finance and IT officials about promoting digital transactions. Operationally, regulators imposed individual withdrawal limits and temporarily restricted deposits of demonetised high denomination notes before rolling back that restriction, with a series of rapid regulatory revisions affecting deposit and withdrawal processes and increasing practical hardships. en-us Thu, 22 Dec 2016 18:56:05 +0530 Thu, 22 Dec 2016 18:56:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17149 The central bank Governor will brief a parliamentary finance panel on the contours of demonetisation and measures to ease the currency shortage; the panel, having heard divided expert views, will probe cash to GDP and tax to GDP ratios and question finance and IT officials about promoting digital transactions. Operationally, regulators imposed individual withdrawal limits and temporarily restricted deposits of demonetised high denomination notes before rolling back that restriction, with a series of rapid regulatory revisions affecting deposit and withdrawal processes and increasing practical hardships. News - Thu, 22 Dec 2016 18:56:05 +0530 https://www.taxtmi.com/news?id=17149