Conversion of black money to white.
Black money can be converted to white very officially and legally. KVP which withdrawn as it was used to convert black money to white is revived.
You can go to Post offices with with black money even without PAN buy Kisan Vikas Patra of any amount and you get double the amount in 8 years.
Full details go to link below:-
http://www.thehindubusinessline.com/banking/no-pan-requirement-for-investment-in-kisan-vikas-patra/article6610793.ece more
You can go to Post offices with with black money even without PAN buy Kisan Vikas Patra of any amount and you get double the amount in 8 years.
Full details go to link below:-
http://www.thehindubusinessline.com/banking/no-pan-requirement-for-investment-in-kisan-vikas-patra/article6610793.ece more
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These so called measure for controlling black money is like transplanting Elephantiasis from left leg to right leg. You can say your left leg is cured, but your right leg is still sick. more
Aug 24
Dear Sarmaji, There are no 2003 notes. Year was printed on big denomination note from 2006 on wards. All notes without year are considered to be printed before 2005. http://www.businesstoday.in/sectors/banks/rbi-extends-date-of-notes-rbi-currency-notes/story/203923.html This has nothing to do with demonetizing or black money control. You can exchange your old notes with new notes and promote black money. The so called land ceiling investigation, benami investigation and re-survey of land you talk about are also just eye-wash. more
Aug 24
I THINK, 2003 AND 5 NOTES HAVE EXTENTION UPTO 31-12-2015 Let us think for all to curb. The disinterest in vigilance and investigation on the Ceilings of land ; Income ; wealth and the exemption levels of Sales turnover and Income ; The well known carry of Government and Market Rates of properties , AND NOW, THE ELIMINATION OF WEALTH TAX ALSO ARE THE ALLOWED IMPLICATION OF BLACK MONEY AND ITS CONVERSION TO WHITE . Sri Jayakrishnan has tabled this issue at the right time to feed possibilities of Economic energies to the Governments under our beloved Constitution. more
Aug 24
RBI extends deadline to exchange pre-2005 currency notes. Reserve Bank of India on Thursday extended the deadline for exchanging pre-2005 currency notes of various denominations, including of Rs 500 and Rs 1,000, by six months till December 31, 2015. http://www.hindustantimes.com/business-news/rbi-extends-deadline-to-exchange-pre-2005-currency-notes-till-dec-31/article1-1362818.aspx This is just another eye-wash. Only pre-2005 notes are withdrawn. You can take pre-2005 and exchange it before 31-12-2015. This means political patronage for black money is still strong. more
Aug 23
