Last couple of months have seen some big firing along the borders. Some of our soldiers had to give their life. Our PM then planned Surgical Strike on Enemy territory and destroyed the Terrorist hideouts in their territory. After that there were many shootouts along different regions on the border. The basic reason behind that is the black money being circulated via different nations to fund the terrorists. This money is used to buy ammunition and this is then used against our own army.
This blog is not very Business Like. But I am sure this will be one of the big things I am watching in my life. The thing that will change the whole Indian Outlook. Today our PM enacted a second surgical strike and that is on the black money. Black Money - The money which is kept in hideouts without paying taxes. First, time till 30th September was given. After that this is the first surgical strike done by the Government. People can now submit their notes of Rs. 500 & Rs. 1000 in banks or post offices till 30th December. People who have legitimate money need not panic as they can give declaration and still deposit the notes in designated RBI offices.
On second thoughts - Can this money be given to poor by the rich? Poor who do not have much income or who have very big gap before the taxable limit of Rs. 2 lakh comes in. This way, poor will have some money in their account and will be boon for them. Indirect help to poor by our honorable PM.
This blog is not very Business Like. But I am sure this will be one of the big things I am watching in my life. The thing that will change the whole Indian Outlook. Today our PM enacted a second surgical strike and that is on the black money. Black Money - The money which is kept in hideouts without paying taxes. First, time till 30th September was given. After that this is the first surgical strike done by the Government. People can now submit their notes of Rs. 500 & Rs. 1000 in banks or post offices till 30th December. People who have legitimate money need not panic as they can give declaration and still deposit the notes in designated RBI offices.
On second thoughts - Can this money be given to poor by the rich? Poor who do not have much income or who have very big gap before the taxable limit of Rs. 2 lakh comes in. This way, poor will have some money in their account and will be boon for them. Indirect help to poor by our honorable PM.
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