PM Modi’s Cash Ban Could Boost Budget By $45 Billion: Foreign Media

[enquencher]

if they sell more gold then they have to buy more.....if any gold shop shows surge in selling..govt can check their stock transactions and catch them

Yes they are showing sale in only stock which are shown in white...they giving bills in fake name .bills below 2 lacks dnt require pan no.they wer giving bills only upto 8th from 9th they cant accept old notes so they not showing sale from 9th.
All the sale is now in black.
Gold selling at 58000 per 10gms in mumbai.

if they sell more gold then they have to buy more.....if any gold shop shows surge in selling..govt can check their stock transactions and catch them

Yes they are showing sale in only stock which are shown in white...they giving bills in fake name .bills below 2 lacks dnt require pan no.they wer giving bills only upto 8th from 9th they cant accept old notes so they not showing sale from 9th.
All the sale is now in black.
Gold selling at 58000 per 10gms in mumbai.

 

[wiseone2]

what ever currency that is not shown before 30 Dec would become governments asset... Government would print those missing currency and bring it back to circulation...

Government will fill their coffers with more then 100 Billion USD with ease ... easy fund for Roads and infrastructure ...

The potential rich will be afraid to stock currency so spending will increase... most Indian Shops dont provide bills to customers making government loose tax money...I have heard they are working on taxation... upper Middle class would be the target...

And GST will fix the final loop hole of the tax evaders... expecting a fall in real estate prices...

why would real estate prices fall ??

Corrupt people knows how to play around the system and survive so I don't worry about them I am concern for rural people and women how hide their money from their family for bad time or for their daughters or son wedding .
We have so many village where people don't have bank for 25 kilometers and this poor people have to let their daily wages go just to stand in bank queues.
Only poor people are in line have u seen any corrupt people no because they are expert in manipulating the system.
Personally seen people with millions of rupees relax and don't worry for any thing

What is a corrupt businessman with 20 crores in 500/1000 rupee notes going to do ?
He is going to lose badly

 

[wiseone2]

It is already fallen past one year, but builders are not reducing it

why would demonetization affect real estate prices ??

 

[cirr]

So this is how a poor country makes its poor citizens poorer.

So this is how democracy works.

 

[wiseone2]

So this is how a poor country makes its poor citizens poorer.

So this is how democracy works.

are you asking for communism ??

it affects minutely because a lot of builder those have black money, would like to convert it into white and lots of people would be lining up to buy houses or plots to make their money white..

It may rise or fall but minutely.

not much of an answer

 

[Dungeness]

Some people have already taken their own lives out of desperation, and they are not the corrupted ones. Hope no more poor people kill themselves.

 

[GORKHALI]

So this is how a poor country makes its poor citizens poorer.

So this is how democracy works.

And this is how citizens or must say slaves of communist comes in every thread and boost themselves as citizen of alice in the wonderland.

 

[Echo_419]

So this is how a poor country makes its poor citizens poorer.

So this is how democracy works.

Can't read such a High IQ post

Some people have already taken their own lives out of desperation, and they are not the corrupted ones. Hope no more poor people kill themselves.

Propaganda by the opposition parties.
Just like all the rape allegations made against trump in the run-up to election

 

[ranadd]

So this is how a poor country makes its poor citizens poorer.

So this is how democracy works.

Jesus. You are chinese. Not western European.

 

[cloud_9]

Jesus. You are chinese. Not western European.

Jesus was ME!