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Congress, CPI-M unready to listen recent released Demonetization’s success data : Begins PM Modi’s effigy burning across Tripura
TIWN Nov 8, 2017
Congress, CPI-M unready to listen recent released Demonetization’s success data : Begins PM Modi’s effigy burning across Tripura
PHOTO : Congress burnt PM Modi's effigy at Udaipur. TIWN Pic Nov 8

AGARTALA, Nov 8 (TIWN): From Udaipur subdivision, PM Modi’s effigy burning has begun by Congress supporters and at the Capital City CPI-M, Congress both to launch protests against PM Modi’s demonetization on the occasion of Demonetization’s 1 year completion of Demonetization (note ban).

At Udaipur, Congress has burnt PM Modi’s effigy at Jamtala, whereas at Agartala the same programme to be launched at the evening.

However, the actual data of demonetization’s success has been listed below :

1: Scrutiny of suspected 18 lakh accounts done
2: Cash deposits worth Rs 2.89 lakh crore under investigation
3: Advance data analytics tools identified 5.56 lakhs new suspect cases 
4: 4,73,003 suspicious transactions detected
5: Undisclosed income worth Rs. 29,213 crore detected and admitted.
6: Black money worth Rs 16,000 crore did not return post demonetisation 
7: RBI spent Rs 7,965 crore on printing new Rs 500 and Rs 2,000 and other denomination notes (Rs 3,421 crore spent in the previous year…)
8: 21 per cent reduction in currency in circulation
9: 56 lakh new tax payers added
10: Number of tax returns filed increase 24.7 per cent compared to 9.9 per cent in previous year
11: Advance tax collections of personal income tax grew at 41.79 per cent over same period of last year 
12: Personal income tax under self-assessment tax grew at 34.25 per cent over same period last year.
13: Transactions of more than three lakh suspected shell companies under the radar 
14: 2.1 lakh shell companies de-registered and their Properties to be attached.
15: Around 450 companies delisted and 800 untraceable companies to be further delisted 
16: More than 400 benami transactions identified and properties worth more than Rs 800 crore attached 
17: Deposits in the banking system increased around Rs 3 lakh crore
18: Additional liquidity helped reduce interest rates by 100 basis points
19: Digital payments increase by 56 per cent from 71.27 crore transactions in October 2016 to 111.45 crore transaction in May, 2017.
20: IT notices sent to 70000 entities.
21: IT Department has identified 1L ''high risk'' cases of tax evasion for detailed investigation. 

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