A Muslim family in Mumbai with 2 lakh crore blackmoney

[GR!FF!N]

These are just so called "Pawn"s.They're just the front of a bunch of "Influential"s attempt to convert their black money white.Cancel every application over 50 lakh and launch inquiry to unearth the way they've acquired the money.It'll clean the society for some time.

 

[EpiiC]

And there are chinese and pakistanis opening threads after threads here on PDF telling us Indians how bad the demonetization is

How much has demonetization saved India so far? How much has it added for its economy? How many people will pay tax now from 2017? 10% of the population?

 

[The_Showstopper]

Changing the title of the thread just to impress the Sanghi d!ckheads... Wow

And LOL look at the outrage of Bhakts, they would have been ok if it had some random hindu name in there...

It would have been titled as Indian family if the faith of these people were not Islam

The title of article was as below but changed to suit their needs

Rs 2 Lakh Crore Black Money Declared By Mumbai Family Under Investigation: Government

You must have known that Sanghis amplify anything muslim(Of course the negative aspects)

 

[T-72]

doctoring titles is not cool.

and it looks like he paid the price lol, just like this family will too..

waiting for more clarification, this is an unbelievable amount, could be a typo.

 

[NirmalKrish]

How much has demonetization saved India so far? How much has it added for its economy? How many people will pay tax now from 2017? 10% of the population?

None of your business mate, has it stopped the illegal printing in Pakistan, yes! Has it stopped the stone pelting yes! Has left vested interests spellbound yes! Enough said.

 

[Unsakred]

Doctored title ..... not cool ... thought we are Indians first!!

Next will be Christian Family, Brahmin family etc ...

 

[EpiiC]

None of your business mate, has it stopped the illegal printing in Pakistan, yes! Has it stopped the stone pelting yes! Has left vested interests spellbound yes! Enough said.

Relax, I think Pakistan needed to do this more than India.... Want to know why? India at least had 2 or 3% people paying tax but Pak has less than 1% paying tax so Pak need to demonetize and go digital.

 

[Dem!god]

False news, no one person can have 2 lac crore of black money in cash. Not even ambanis.

 

[EpiiC]

False news, no one person can have 2 lac crore of black money in cash. Not even ambanis.

This guy if true could be more wealthier than the Ambanis lol.

 

[Deadpool]

How much has demonetization saved India so far? How much has it added for its economy? How many people will pay tax now from 2017? 10% of the population?

Nobody can answer any of your questions at the moment.

How much demonetization has saved India ? - Will be known on 1st January 2017.

How much has it added for its economy ? Same thing as above.

How many people will pay tax from 2017 - Will be known on 1st April 2017.


One thing is certain - it has jump started the digital payment process in India. India had 1.5 million PoS terminals (used by merchants for accepting payment by card) till Nov 8, 2016. It is expected now that by Dec 31, 2017, India will have around 3 million PoS terminals.

Doubling the total in a span of 1 year is massive.

 

[EpiiC]

Nobody can answer any of your questions at the moment.

How much demonetization has saved India ? - Will be known on 1st January 2017.

How much has it added for its economy ? Same thing as above.

How many people will pay tax from 2017 - Will be known on 1st April 2017.

Thanks for answering the question mate... I hope Pakistan can learn from this... It is shocking that Pakistan is more in need of this and PM NS could never in his 3 terms do such a beneficial move but Modi in his first term did it.... Pak needs a leader who can fight the corruption which major move like this..

 

[Deadpool]

Thanks for answering the question mate... I hope Pakistan can learn from this... It is shocking that Pakistan is more in need of this and PM NS could never in his 3 terms do such a beneficial move but Modi in his first term did it.... Pak needs a leader who can fight the corruption which major move like this..

Don't credit Modi yet. This is only half the job done.

Step 1 is to ensure that majority of the population has bank accounts.

Step 2 is Demonetization. It makes sure ALL the current money goes in the banks and people are forced to use the banking system.

The next step is to ensure that people keep using the banking system and don't fall back on old habits. I read today that they are coming with a new law that all salaries from registered companies to their employees must be made by cheque or direct debit. No cash allowed for salaries. This would continue to force some people to use banks.

The last step would be a complete overhaul of laws that lead to black money generation - like reducing stamp duty, change of labor and industrial laws, etc, etc. This is so that black money generation is reduced for the future.

Missing any of the above three steps will lead to the same result - no change in the long run and will be a wasted effort. Modi has done step 1 and 2. He needs to do step 3 and 4, otherwise the costs India incurred in doing step 2 will have been for nothing.

 

[NirmalKrish]

Thanks for answering the question mate... I hope Pakistan can learn from this... It is shocking that Pakistan is more in need of this and PM NS could never in his 3 terms do such a beneficial move but Modi in his first term did it.... Pak needs a leader who can fight the corruption which major move like this..

A logical and sensible post from a Pakistani member, appreciated.

 

[The_Showstopper]

 

[EpiiC]

Don't credit Modi yet. This is only half the job done.

Step 1 is to ensure that majority of the population has bank accounts.

Step 2 is Demonetization. It makes sure ALL the current money goes in the banks and people are forced to use the banking system.

The next step is to ensure that people keep using the banking system and don't fall back on old habits. I read today that they are coming with a new law that all salaries from registered companies to their employees must be made by cheque or direct debit. No cash allowed for salaries. This would continue to force some people to use banks.

The last step would be a complete overhaul of laws that lead to black money generation - like reducing stamp duty, change of labor and industrial laws, etc, etc. This is so that black money generation is reduced for the future.

Missing any of the above three steps will lead to the same result - no change in the long run and will be a wasted effort. Modi has done step 1 and 2. He needs to do step 3 and 4, otherwise the costs India incurred in doing step 2 will have been for nothing.

Nice, I am sure Modi and his team are aware of the steps you pointed out, however it could take a month or two to implement them... Now lets see if Nawaz Sharif is smart enough to learn this.....