Diabytes
Balck money News
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It was found that the group had borrowed funds from banks on interest and diverted to other group companies free of interest for investments in properties
The search also revealed that the group had purchased about 800 acres of land worth at least Rs 500 crore, in the names of various shell companies
Applicability of the Prohibition of Benami Property Transactions Act, 1988 to these transactions is being examined
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"There is sufficient cash available with the Reserve Bank of India and banks. Circulation of notes in respect of Rs 100 has already been increased," Minister of State for Finance Arjun Ram Meghwal said.
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Raju Hirani lauds PM Modi’s decision to demonetise money, says black money will not exist henceforth
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