How banning 500 and 1000 Rupee curb Black money
This is simple and laymen logic to understand how banning Rs. 1000 and Rs. 500 control the black money.
Menu
How banning 500 and 1000 rupee curb black money
Replies (1)
How can we justify that someone never evaded tax as foreign bank don't have statements older than 3 or 4 years. We pay highest tax in the world and this Govt want more tax.
Just like Europe people in India will be moving to Crypto currency, just like Sarkari dpeartments who no common man wants to deal, no one going out of India wants INR with them. Digital age, Crypto currency is best. I even started accepting Bitcoin with my clients 2-3 months back.
Recent Topics :
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
- Dividend from co-operative society
- SECTION 139(10) OF THE COMPANIES ACT, 2013 CASE
- TDS u/s.194C returns filed in ITR-1
- TDS on Property - Form 26QB Related
Related Topics :
CAclubindia
