Impact of counterfeit currency on National Economy
Reserve Bank of India maintains that the volume of fake currency is negligible, at less than 0.001% (8 notes per million pieces) of the total notes in circulation and, therefore, there is no serious threat to the economy on this account.
This information was given by Minister of State for Finance, Shri Namo Narain Meena in written reply to a question raised in Rajya Sabha today.
News posted by
Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
BHUPINDER SHAH AND COMPANY
New Delhi
CA Inter
View Details
Triveni Turbine Limited
Bengaluru
CA
View Details
CAclubindia
