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How banning 500 and 1000 rupee curb black money

Naresh Kansala (Visit for more article)     09 November 2016

Naresh Kansala
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 110 likes  1415 points

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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.

Wae Jing Lonthaw (Others)     13 November 2016

Wae Jing Lonthaw
 3 likes  325 points

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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.

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