Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by aub3bhat on Tuesday November 08, 2016 @11:07AM
(#12901343)
The duplication is a minor concern the major concern is lost income tax revenue due to an underground cash economy. By restricting numbet of 500 and 2000 notes and forcing owner declare assets it put massive pressure on the black money.
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Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by taherchhabra on Tuesday November 08, 2016 @11:56AM
(#12901821)
The big ticket black money is in swiss accounts,real estate and gold.