The big news: New scheme gives defaulters 3 months to disclose black money, and 9 other top stories
Other headlines: The top court referred all demonetisation cases to a constitution bench, and Tata Sons quashed reports about Ratan Tata’s resignation.
A look at the headlines right now: ‘
- Centre gives black money holders three months to declare undisclosed income: The government has also set up an email account to which citizens can send information on operations of the shadow economy.
- SC refers all demonetisation cases to a constitution bench: The apex court said it did not wish to interfere with the Centre’s decision and barred all high courts from hearing petitions on the currency ban.
- Ratan Tata has no plans of stepping down at this point, says company after reports to the contrary: A statement said that a process is being put in place merely to ensure there is a smooth succession at an appropriate time.
- M Karunanidhi admitted to hospital for second time in a month after breathing complaints: A statement issued by the Kauvery Hospital said the former chief minister was in stable condition after undergoing a tracheotomy.
- Evacuation from Syria’s Aleppo reportedly suspended even as 50,000 civilians remain trapped: Rebel fighters are believed to have refused to transport 400 wounded people simultaneously from two pro-government villages in Idlib province.
- Deposits of old notes made in bank accounts of political parties exempt from tax, says Revenue secretary: Regularly filed I-T returns and documented records of their income grant them relief from the restrictions of demonetisation, Hasmukh Adhia said.
- India defeat Australia 4-2 in shootout to enter Junior Hockey World Cup final: The semi-final in Lucknow finished 2-2 after regulation time.
- Petrol price hiked by Rs 2.21 a litre, diesel to cost Rs 1.79 more: A surge in the international rates necessitated the increase.
- Centre is ‘firebombing honest people’ with demonetisation, says Rahul Gandhi: The initiative will ‘snatch money from the poor and give it to the rich’, the Congress vice president said.
- Sacked AIADMK MP moves HC against Sasikala’s nomination as party general secretary: Sasikala Pushpa also demanded a judicial inquiry into Tamil Nadu chief minister J Jayalalithaa’s death.