January 16, 2026 01:15 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Major blow to Mamata! SC stays FIRs, flags state meddling in central probe as ‘serious issue’ | Supreme Court snub shocks Vijay’s Jana Nayagan, release now in deep trouble | Trump tariff bomb on Iran trade: Tharoor flags existential crisis for Indian exporters | 'Mobocracy in court?': SC explodes over Calcutta HC chaos in ED vs Mamata showdown | Dalal Street on hold! Maharashtra civic polls pull the plug on market action | Big blow to TMC! Calcutta High Court dismisses case against ED in I-PAC raid row | 10-minute delivery dead! Govt crackdown forces Blinkit, Swiggy and Zomato to backtrack after gig workers revolt | US tariff threats put India-Iran trade at risk – Chabahar Port becomes the high-stakes battleground! | Sensex slides 250 points as defence stocks bleed, Zomato parent Eternal soars | Markets rally big after US envoy calls India White House’s ‘most important ally’

50 per cent reduction likely in tax collection following currency note ban: Sisodia

| | Dec 04, 2016, at 01:05 am
#Currency ban #Manish Sisodia #Tax collection #Delhi government #Narendra Modi
New Delhi, Dec 3 (IBNS): Delhi Deputy Chief Minister Manish Sisodia on Saturday said the move of banning old Rs. 1000 and Rs. 500 currency notes by the Centre last month may led to a reduction of almost 50 per cent in tax collections.

"Tax collection can be 50% low this month as there is no business in Delhi markets. If so, it would b hard to pay salaries of govt employees," Sisodia tweeted.

The Centre on Nov 8 announced the move to ban Rs. 500 and Rs. 1000 currency notes.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
In Images: PM Modi attends 28th Commonwealth speakers’ conference in Delhi
In Images: PM Modi attends 28th Commonwealth speakers’ conference in Delhi Jan 15, 2026, at 10:14 pm
Aerial views show thousands taking holy dip at Gangasagar on Makar Sankranti
Aerial views show thousands taking holy dip at Gangasagar on Makar Sankranti Jan 14, 2026, at 06:35 pm
In Images: Mamata Banerjee leads rally in Kolkata against ED raids on I-PAC
In Images: Mamata Banerjee leads rally in Kolkata against ED raids on I-PAC Jan 09, 2026, at 07:10 pm
Related Videos
#bangladesh: Hindu Man Lynched, Set Ablaze as Islamist Mob Runs Riot After Youth Leader’s Killing Dec 22, 2025, at 04:31 pm
PM #Modi witnesses soulful rendition of #vandemataram by Ethiopian singers in #Ethiopia Dec 22, 2025, at 04:30 pm
Moment Sydney Bondi beach shooter was disarmed by brave man in civilian clothes Dec 22, 2025, at 04:29 pm