Bharat Rakshak

kapilrdave

Apparently one of the two ISIS terrorists nabbed from gujarat last night was my classmate

That's not all, they were planning to blast a temple where my sister goes regularly.

HANG THEM I SAY

kapilrdave

??? Why does GST depend on which vehicle brought the goods in? A vertical network of businessmen can avoid paying GST collectively by claiming no credits and paying no tax. Such checks are used to catch people who do that. As seen in DeMo thread, there's no shortage of people who consider it their ...

kapilrdave

^^ The times of behemoths like Infy, TCS, Accenture etc. will definitely end sooner or later. Small to mid level companies who are nimble and efficient and more "sane" are the ones who will survive in long run. Also, these companies have more per capita talent than the larger ones, so auto...

kapilrdave

The experience (in years) is a bit misleading, and I have burnt my fingers already here. We just hired a 4 year experienced Java (Tech. Lead) who when given the first major assignment tells that he can only one work in one specific area "Content Management" and that too only using a speci...

kapilrdave

Habal, your long rant not withstanding, it was you who brought swayamsevaks and hindu fundamentalism into DeMo discussion. When all logic failed you, you took secularism as refuge. Even in your last post you are talking about secularism in sugar coated words which has absolutely no relation with DeM...

kapilrdave

the sad reality is Indians are subjected to so many social experiments by those who claim to have 'their best interests at heart' & those who work for their own self-interest at heart. The poor common middle-class Indian has to bear brunt of tender mercies of both groups viz the nationalists &a...

kapilrdave

^^ The same can be achieved by the currency notes with an explicit expiry date.

kapilrdave

Budget mandated the legit limit of cash transaction to be less than 3 lakh. Does it mean that people or companies cannot keep "cash on hand" more than 3 lakh in their accounts? If not, then it is a missed opportunity. Most of the companies have leveraged their cash on hand to deposit huge ...

kapilrdave

For many people in India keeping 10 lakhs of cash @ home is sensible and practical. Strange if not funny. I can guess who these "many" people are. They are those who are specifically targeted by DeMo. Generally people either buy a mediclaim for their safety or keep the money in bank if th...

kapilrdave

And then there are people who get on with it. Apparently Amul has created 5.4 million savings accounts for milk men who supplly milk to the company. https://twitter.com/RenukaJain6/status/811612238930841600 The figure looks suspect but even if 10% of the stated figure is true, it shows large organi...

kapilrdave

I think what MohdKav wants to see is likes of Mullah-yum and la-loo locked by heavy chains and being dragged by police jeep heading straight to local police thana, followed by trucks loaded with cash in old notes. All in perfect phillmy eestyle. Needless to say it's not gonna happen. So effectively ...

kapilrdave

^^ Genuine people will change far more quickly than we think.

Not so genuine people will take some time to adjust, take some assurances from gov as well, but change they will.

kapilrdave

OT Saar, No one said anything about why Pakistan keeps attacking us and kill us in various ways till Sh.ModiJi himself made lot of song and drama about it before elections and raised expectations. As far war with Pakistan, I guess you would support Italian Mafia's decision on not going to war over ...

kapilrdave

Assuming the numbers put out by the Finance Ministry and the RBI on 8 November are correct, one can deduce that about Rs 5 lakh crore of demonetised notes were already in the banking system , leaving only a potential Rs 15.44 lakh crore to be replaced. This implies that nearly a third of the money ...

kapilrdave

What irks me is that the critics (genuine critics, not the media types because the latter are hopeless) are acting as if this is Modi's "personal project" for his "personal country" for which the people of the nation are being made to suffer. That is very very short sighted view ...

kapilrdave

I know so many people around me who never stood in lines in the banks in last 40 days and yet doing absolutely fine. Many of them are poors who are 'supposed to be' suffering.

kapilrdave

Doesn't this give a pass to the political parties? Political Parties Can Turn In Old Notes Without Tax Scrutiny Wouldn't the party have to declare who their funders are? This pass is only for the money donated in white. And we should have no problem with that either. For any unaccounted money, they...

kapilrdave

Rishi Verma Ji : Pakistan's Debt and Liabilities-Summary A. Total Debt and Liabilities (sum I to IX) : 22,461.8 Billion Pak Rupees i.e. 22.4618 Trillion Pak Rupees Cheers http://www.skyscrapercity.com/images/smilies/beer.gif In Indian Rupees, that is equivalent to the amount of notes India withdrew...

kapilrdave

Regarding the decreasing Q's at bank... I think the hoarders are giving a bit more thought to their strategy. They've heard threat from PM that he will not let anyone go even after the 30 dec., Jaitly specifically said yesterday that he is reducing the exchange limit because it is being misused. The...

kapilrdave

Well...it seems some people knew about this...per this BJP MLA. https://www.thequint.com/currency-ban/2016/11/16/ambani-adani-knew-of-currency-ban-bjp-mla-caught-on-tape-demonetisation-note-rupee-bhawani-singh-bjp-rajasthan LOL. Kindly explain what on earth Ambani and Adani do by knowing about the ...

kapilrdave

Then, why is he not being raided by the IT department? 1. Why are you so sure that whatever money Reddy has is black? Are you an insider? 2. What the govt would get by raiding there? 30% tax on partly disclosed amount? 45%? 50%? By this action govt got the whole of 100% of your beloved Reddy :rotfl...

kapilrdave

As far as my guess goes, none knew about the denomination beforehand. The biggies of Gujarat who are supposed to be BJP's supporters are also finding "ways". Even politicians including certain parliamentarian. And I guess that was the only way to do this successfully. It would have been a ...

kapilrdave

VikasRaina wrote: Come what may, PM Modi is setting the bar very high for future PM's of India.

+infinite

We had reached to the point that we had people (a former finance minister no less) stating publicly from the dais "any chu**ya can become PM"

kapilrdave

whichever finger the bank uses, sly voters will vote and claim that the bank inked the finger and the voter is not at fault. Indian jugad does not always work only for the good guys. They will vote multiple times blaming the bank 1. UP elections are at least 2 months away. Nails grow and take the m...

kapilrdave

Who predicted the vegetables going unavailable and/or very high prices? I bought 500 gms brinjal for Rs. 1.5 :lol: . Even to that, the trader felt ok to waive his 0.50 paisa for no change available. I gave him 2 and told to keep change :mrgreen: . My mother says the last time she bought the vegetabl...

kapilrdave

Election commission has cautioned against the use of indelible ink as impending elections in some states will make it very difficult for voters to vote there. ECI can go take a hike, literally. Elections are months away for god's sake. And in any case, protocol can be changed to mark another finger...

kapilrdave

^^ Good for him as long as he keeps minimum 200km away from Modi-land. Bad for us that we lost an opportunity to see many more videos of mango junta abusing him royally.

kapilrdave

I think this demonetization will have negative impact on Chinese imports. A lot of imports are under-invoiced to evade the duty, and remaining part is paid by hawala. Mostly the invoicing is done 1/10th of the cost. Now no cash, no hawala.

kapilrdave

Phoren reports are often bums who like to frequent the various watering holes in Lootyens Delhi. You can hardly see them wander more than 100km from their comfortable environs. Even if they report on a "rural news story", it will be from some village or town a few km from Delhi-Agra or De...

kapilrdave

Here you go! .... However, if this ink is same as they use in voting then it's not indelible. So what would happen to a genuine person who has exchanged Rs.500s and got Rs.2000s, requires another set of cash? I mean the Rs.4000 he got earlier was spent (say on some costly medicines or some thing li...

kapilrdave

The long queues of poors we see is of money exchangers, not of depositors. BM holders are making them stand on queue in 100s to get the notes exchanged by giving some incentives. THIS MUST STOP SOON. Here you go! To reduce crowds at banks, ATMS, indelible ink to mark fingers of those who have excha...

kapilrdave

The long queues of poors we see is of money exchangers, not of depositors. BM holders are making them stand on queue in 100s to get the notes exchanged by giving some incentives. THIS MUST STOP SOON.

kapilrdave

Thank you for providing all the quotes to assert my claims of Worstall indulging in mockery . His is the sort of opinion shaping technique that I'll openly call out . He goes 'Kejriwal says (I don't really believe it though)' in multiple articles . Yeah that's totally credible Tim . Doesn't believe...

kapilrdave

Anyone and everyone have to work hard some day or other. Some - like software guys (poor chaps) - do it bit too often. Nowadays even school teachers work for 12 hrs. Besides, NONE of the bankers I know (two of them branch managers in SBI) come as late as made out to be. 10pm is max I've seen which i...

kapilrdave

All those opposing the demonetization are practically opposing a chemo therapy on a cancer patient saying this therapy hurts the person in various ways, completely neglecting that the person will be no more there if that's not done in time! Black money competes with white money and it is ruthless in...

kapilrdave

Now that GOI has introduced new 500 note, unless banks keep track of notes deposited, someone could use that "peak theory" to recycle money, that the guy who wrote open letter to AK was referring to...?? Its difficult and risky thing, yes. But I guess banks are not getting old notes depos...

kapilrdave

Swiss franc is just one danda away from the world powers. Current powers protecting them are not forever, nor even long term now.
They started filling their pot of sins from WW2 time and it's already overfull. Karma will catch them for sure.

kapilrdave

Suraj et al, Is there any comparable incidence of this scale in the world to analyze the immediate and long term effects? Or is this the first of its scale? If latter is true then this is one hell of a case for any economist to study. And what about those in RBI who are living it! You lucky boy Urjit!

kapilrdave

You really think salaried class dont have black money ? You think anybody who bought land or sold land inherited or otherwise dont have black money ? You think Doctors, lawyers dont have black money. Hoarders have useful and important play in the Indian economy, they used the money for easy lending...

kapilrdave

MohdKav, would the easier and cheaper loans available by banks bring the smile back on your face?

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