Losing the fight against Corruption/Black money?
Unaccounted Deposits In Old Notes To Attract 50% Tax, 4 Years Lock-In http://www.ndtv.com/india-news/unaccounted-deposits-in-old-notes-to-attract-50-per-cent-tax-4-years-lock-in-1630421
Majority of Black money is not untaxed money but blood money from criminal activities like drugs, prostitution & trafficking, smuggling, etc. So seems to me 50% of blood money is valid white money to be reinvested in terror, drugs, trafficking, etc. Is it another mistake the like of exchanging scrapped notes over the counter for new that almost messed up demonetization.
1. It lead to huge chunks of black money to be converted to white.
2. Incredible queues in banks due to proxy exchangers more
Majority of Black money is not untaxed money but blood money from criminal activities like drugs, prostitution & trafficking, smuggling, etc. So seems to me 50% of blood money is valid white money to be reinvested in terror, drugs, trafficking, etc. Is it another mistake the like of exchanging scrapped notes over the counter for new that almost messed up demonetization.
1. It lead to huge chunks of black money to be converted to white.
2. Incredible queues in banks due to proxy exchangers more
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These governmental steps on demonetization are not going to remain unrewarded in the long run, though these certainly would need support from the man on the street, viz the Indian citizens. The Indian citizen supported Gandhi's fight against the British for independence; the Indian citizen needs certainly to support Modi's initiative to fight against corruption in the country. Don't we feel obliged to do that? Believe me, that is going to be the only salvation for this country to appear with dignity on the world map. Help your leaders, true leaders! more
Dec 01
I support Mr. Arghya Ganguly's view. In the greed of earning considerable money in short time, the Central Govt. has allowed the criminals to make 50% of their black money white. more
Nov 30
Government should immediately reform our judiciary system. Otherwise the complicity shall remain as it is because of judicial complexity and its delay and things will fall back to square one. If that happens the consequences will be very serious since people may lose confidence on Government. Thanks more
Nov 30
By giving another chance to black money holders the govt. would be back to square one. Only troubling the innocent citizens standing in long queues and culprits having the last laugh and people dying. Now govt. should have at least four days exclusively for senior citizens,that also on working days. I have not fully recovered from last (19th. Nov.) so called senior citizens day hackling. Most troublesome. more
Nov 29
