Bharat Rakshak

MohdKav

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MohdKav

Sorry, that's not what you claimed. You claimed the institutions themselves are involved in the process of laundering and hoarding money. Prove it. Yup, thats happening right here, right now. I didnt claim that today, I have claimed that before, even before the others got caught, or 37.5 lac got ar...

MohdKav

Axis Bank, Coperative Bank, RBI employee caught in Karnataka.

MohdKav

The unnecessary dimension if I may explain is showing feelings which only evoke Schadenfreude among those who read it. That is why I was amused. Clearly you are letting on that this is one button of yours that can be pressed to get you worked up. Always bad form on the Internet. I did not want to w...

MohdKav

That is not the only way, there are multiple ways. the money being is laundered directly from the RBI and Bank chest. Banks are hoarding cash just like people are doing, they are not giving any to their own customers. One of banker's for example only gives out Rs.6000 at one go and for a week for o...

MohdKav

The punishment is more monetory in nature (i.e paying tax dues, plus heavy penalty). Sending people to jail may be have a "feel good" factor, but that is just not the only end for this exercise. Well currently till now, that aint happening, especially with people who have exchanged their ...

MohdKav

idea should be to reduce the number of tax brackets and increases base. I have no clue why we are continuing Stamp Duty? What are we, the british empire ?

MohdKav

That is a fair point. In my defence I can only say that I have only been reading your posts and not others angry or abusive replies to you And in my defense, I have read your posts for nearly a decade and half. I have accorded you my utmost respect. But while you have asked me not to name call, I h...

MohdKav

Why go for Muluyam, there are many little mulayam running around in India, in thousands. Tax evaders should be caught. If you are not catching anyone, and people are converting money with ease. Then the only looser is the common man and the honest man.

MohdKav

Sachin,

I am enjoying the raids on Cooperative banks. But it is many ways quite futile in the large of scheme of things.

MohdKav

No. I get the feeling that if you (habal) or MohdKav were in a position of political power (like Mamata or Kejriwal) or in IAS babu positions - they would attempt to actively derail the process of the Central government controlling corruption & bringing in the rightful taxes to government, by s...

MohdKav

Then what would your recommended way of demonetization be? I hope you would not become a Thomas Issac (Fin. Min of Kerala) who has no counter solutions for any problem, but only has complaints - typical Kerala commie ;). In fact, it is better that people who have different thoughts also explain the...

MohdKav

MohdKav your opinions are fine as far as I am concerned, but applying labels like people in cocoons and chinbot to others who see the event from different eyes add an unnecessary dimension. You dont seem to have any issue as majority on this forum, to call the very handful of people as 'commie's, b...

MohdKav

I think its well known in this forum that folks like habal (Bengaluru based ?) & MohdKav (Kerala based ?) are completely anti-Demonetization in their inclinations and their posts indicate their defiant mood almost in support of BM Holders & almost praising the crooked methods used by these ...

MohdKav

Doc, the only people who disagree are people like me, and frankly the number of people who think like me or have my experience here in BR would make the term 'minority' seem laughable. I am like a speck of dust here, inconsequential. You are foolish to think I am against demon, I am not. But if you ...

MohdKav

honestly I do not see the cash in new currency available anywhere to launder money. These are not available with 90% of banks even to satisfy their daily requirements. Let alone give into wild rides of fancy of senior personnel. There is only 1 way i see that this is happening. Somewhere in my prev...

MohdKav

Habal, Great post.
Though you should have taken into account immense money laundering that is happening.

MohdKav

It is my view, without factual data, that the BM issue is actually a lot of small fish combining to create this mess. With a large population like ours it's not too hard for this to happen. 2 days ago, a property dealer in North Goa , who was swearing daily about DEMO received his 2% commission for...

MohdKav

To ban you will be to give you relief from your sorry existence. I personally think that instead of giving you relief., you should be parodied for what you are - a worthless troll. If you have cared to notice the Black money thread in GDF (general discussion forum) you will find that post demonizat...

MohdKav

Please not, do not post any information that's not open source. Defence matters are not amenable to idle speculation or loose lips. All they need to do is a satallite sweep. When you can see from a public bridge, where thousands people cross everyday, it is as open source as it gets. Also with rega...

MohdKav

Nobody is burning money, nobody is getting caught, other than some token people all around India. What mind wants to believe., the eyes hear that and the ears see that. 1. Chief Secy. of TN got caught with 170 Kg of Gold and @150 cr. of cash. That is not token. I have in my lifetime have not seen h...

MohdKav

Can you also let us know how fake KYCs can be arranged for these accounts as well? Without KYC, these accounts cannot be operated. In the case of co.op banks, even district, urban and state co.op banks can only try getting new currency based on the amount of which are there in accounts having valid...

MohdKav

RBI withdraws Rs.5000 Notice.. Which one?? The one only allowing a one time deposit of ₹5000?? If yes, did not see that on any news portals as of now. Next, what is your take on ₹1080 crores in Co. Op banks in Kerala which was said to be unaccounted by NABARD? Do you feel all of them are bona-fide ...

MohdKav

RBI withdraws Rs.5000 Notice. There is absolutely no panic on the ground, people ( middle level to the big guns) have very easily changed their money. The cost of conversion have come down from 30 percent during the initial days to 50 % and to now 15%. 2000 notes are easily available with people in ...

MohdKav

Khalsa, thanks for the kind words. Yeah, it is soothing to watch those dead weeds that wreaked havoc inland, float by with the tides. Inshallah, one day we shall watch the enemies float down Pearl River like that.... Those are new pictures , thanks for sharing, She is going back into the dry dock w...

MohdKav

did we miss all these pics? http://indianexpress.com/photos/picture-gallery-others/first-look-this-magnificent-ship-will-soon-be-ins-vikrant/ ] Those are new pictures, thanks for sharing, She is going back into the dry dock which was taken by the Vikramaditya just 2 or 3 weeks back. Thank you Saik....

MohdKav

With regards to notes deposited in the banks: 1. As per the process, banks will have to verify etc. the notes and then deposit them in the RBI now. I have spoken with someone quite senior few days back, and he said that process alone will take 3/4 months are he has thousands of bundles to verify no...

MohdKav

Try giving 89 people salaries every month and see the difference. write them a cheque if they dont have a/c's. frankly, either businesses will figure out a way to stay within the law and prosper or they will try clinging to the black money way and fail. their choice. Do you even read or even unders...

MohdKav

Yes I know about it, and I also know that none of these are black money issues. They're ease of doing business issues that you insist on REPEATEDLY bringing up here and derailing this thread with. You've already a warning on record for it. Please STOP. Next step is a ban. Which is why people go for...

MohdKav

The guy is a friend, I know him personally. Have you passed through Coimbatore/ Walayar Check post http://www.thehindu.com/news/national/kerala/vs-alleges-corruption-at-walayar-checkpost/article3929161.ece Asking bribe works as long as it is possible to pay it, even if at great inconvenience. If No...

MohdKav

Think the point is that some people are going to lose out in this move to a cashless economy because their money is now worth less if it is worth anything at all. They will not be out spending as they used to because of that. Therefore it would be good to inject some stimulus into the economy to ti...

MohdKav

The net effect of this purge is the transfer of a lot of purchasing power back to the Indian rupee - with the govt having the option to print more money & restore the purchasing power of rupee to its pre purge level. All that printed money will go into govt expenditure on infra projects etc. Th...

MohdKav

No, you want cash liquidity specifically. That much is clear when you talk of liquidity. There's more than enough liquidity in the system because the banks are receiving BILLIONS in deposits. They can issue loans far more easily than they could before Tuesday. In other words, the white economy is M...

MohdKav

Its for Bribing. Looks fake to me. No official wants to attract attention to them by stopping so many people for 4 hours. In this day and age, no one will tolerate it. The guy is a friend, I know him personally. Have you passed through Coimbatore/ Walayar Check post http://www.thehindu.com/news/nat...

MohdKav

I dont care about worth, I care about liquidity. You dont risk as much as we do, so you get what you deserve. Black economy was encouragedby the govt through its policies, Burn the black money, I care two hoots. I am asking what Modi is doing about cash crunch that will create and corruption. It ca...

MohdKav

You will never have the same cash liquidity again. The sooner you accept this and figure out cashless business options, the better for you . I'm telling you this in the nicest possible way . It will never be business as usual in black money again, so stop begging the government to restore it. You c...

MohdKav

Try giving 89 people salaries every month and see the difference.

MohdKav

I dont care about worth, I care about liquidity. You dont risk as much as we do, so you get what you deserve. Black economy was encouragedby the govt through its policies, Burn the black money, I care two hoots. I am asking what Modi is doing about cash crunch that will create and corruption. It can...

MohdKav

You want sarkari corruption to stop? Newsflash - we all want that :) It seems for the first time in the history of India we have a leader who is serious about corruption - to the tune of risking his entire career through a very risky move. I am sure Modi knows how wrong it can get and how soon riot...

MohdKav

I really don't understand your doomsday predictions. What is your reason for businesses going kaput and job losses? BTW, I have seen enough of corrupt officials, so please don't base your reasoning on that. You think black money is some thing people have hidden in some safety lockers? Black money a...

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