Bharat Rakshak

Chandragupta

Read in full and read comments too : https://www.quora.com/What-are-some-infamous-stories-of-Indian-snipers/answer/Dhruv-Roop-Narayan-Kacker?srid=oE5h&share=7f70a09c Well, an Afghan channel outed this long ago, so I guess it’s open knowledge. Since the flavour of the day is glorifying your own a...

Chandragupta

Something just struck me. Even if mulayam can put lots of cash in the bank (and can take it out too ) he will end up showing thousands of people how much money he has. Surely some will ask in their minds - where did he get that. And more importantly that might lead to - some of it is stolen from my...

Chandragupta

What we really need now is enough manpower to track the BM hidden in these deposits being made in banks. IT dept cannot be expected to do the entire job. What I am hoping to see is a special task force formed with people with relevant expertise pulled in from police, customs, excise and even parami...

Chandragupta

@sdas .... there a max limit on withdrawls per week ..Rs 10000 ... why would someone send folks to bank everyday to withdraw Rs 1000 or 1500?? also such suspicious acitivty can be identified as withdrawls are from bank a/cs. people are short of cash and they will queue up every week till they meet ...

Chandragupta

That was in jest. Did I name anyone? Please flip back few pages. I'm one of those with clear and unequivocal support. But doesn't mean I endorse the way it is implemented, nor do I agree with lot of people that are singing praises without any idea what's going on at ground level. It is the lower cl...

Chandragupta

If all the 15 lakh crore is coming back, then all black is now in banking system. I have been hearing grapevine that Mulayam has converted most of his stash by distributing it to his sarpanchs who in turn have distributed to 100s of villagers. With the kind of muscle power they have it is not going ...

Chandragupta

But if 90% of the notes are returned it will confirm (to me) that the black money cash hoarding in India was probably not by the real biggies with 100 of crores - those are probably only a few in number, but the vast majority are undeclared income by "chota-mota" hoarders like my octagena...

Chandragupta

Question : How will Modi protect the poor who will be hounded by the BM hoarders and their goons i.e. big politicians? Law and order is a state subject. If Jehadidi of Bengal has put 2.5 lakh in 10,000 JDY accounts, how will Modi protect the whistle blowers from being hacked to death by one of Jehad...

Chandragupta

TKiran's logic stands to reason in peculiarly Indian sense, if he can be tight in bribing an IT officer but instead can do langar and social service to help feed a few hundrex people every month or every fortnight. The gurudwara langar seva by wealthy is the best service one can do in this nation u...

Chandragupta

I don't have a take on it that is why I asked for opinion.
But I have said in the past that instead of giving anything for free to the poor, use the money to build rural infra. The man and the fish story etc etc.

Chandragupta

Haha now Tufail Ahmed has BM? Do you even know who he is? Let us not become AAPtards, where we cannot tolerate any criticism. I think Tufail's criticism is justified. See his TL. Have you stood in queues? I have and people are not happy, that they still do not abuse Modi tells us the kind of goodwil...

Chandragupta

@tufailelif

I am reaching a conclusion that Modi Govt is seeding a Nehruvian-style socialist government, bigger than USSR.

Chandragupta

Dharmo rakshati rakshitah.

Chandragupta

Buddy let me call you out. Let us see. Will the consumer stop going to a cash only restaurant? Yes. Never been to restaurant that doesn't accept debit/credit cards. Good for you. In Mumbai, there are three classes of restaurants for the masses. Class I, II, III. How many class II and III accept car...

Chandragupta

So all this money that Banks have accumulated, Would it not be out of bank vaults as soon as Govt lift restrictions on withdrawing money. Why do we think that Banks would be flush with Money for a long time, at the most I see this money with banks maybe till mid of next year while things settle dow...

Chandragupta

Godown of salt worth rumor from chai-wala who knows a baati-chokha wala in front of CM Akhilesh residence is that: BJP is willing to accept friendly SP win in UP elections if it results in destroying mayawati's BSP and Congress. So with Amar Singh as a go-between SP was for-warned to convert SP's s...

Chandragupta

I can only imagine how many people would be doing so especially in the lower middle income bracket, who make enough to not require subsidies but claim them anyway. Do you think it is a good idea to have tax raids on such people for depositing 2 lakh? NaMo will be shooting himself in the foot if the...

Chandragupta

I mean, anyone claiming benefits such as a cheaper gas cylinder and then depositing 2 lacs in November would obviously be a candidate for some love even if the PM said otherwise. I can only imagine how many people would be doing so especially in the lower middle income bracket, who make enough to n...

Chandragupta

JohnTitor wrote:https://www.youtube.com/watch?v=f8zK-h6jcX4

Ranya - kannada actor/INC politician gets trolled after she tries to instigate a crowd with "difficulties to the poor"

What are the slogans that the people are raising? And what was the lady saying at the start? Some help with translation pls.

Chandragupta

SRoy wrote:IT notices have started arriving for people. For deposits as low as 4 Lakhs Rs.

The Sikkim notice? That is probably fake, no pan number, no section of IT law etc. And I don't think IT guys have so much bandwidth to serve notices to such small larvae not even fish.

Chandragupta

"I'm an ordinary man and I'm suffering hardship too. I was in a long queue on Saturday. But it's worth it. The rich need to be punished for being greedy. I am savouring the moment," said a smiling Mohan Kishore, who sells fresh coconut water on a South Delhi street. This story was found a...

Chandragupta

^^ Workers can get paid by e-transfer. They can and do use ATM machines. Cheque doesn't even come in the picture. How much did you lose. :rotfl: I'm sharing my experience & talking about allowing small cash transactions and you accuse me of being a BM hoarder? Do you think (assuming that I am a...

Chandragupta

Arun Shourie is just butthurt and hates Modi for no reason. But NaMo must also not leave the big fishes - Mamta, Vadra, Hasan Ali, Qureshi & Mallya etc..Now that Mamta, Khujli and Pappu have been exposed in public, he should push for prosecution.

Chandragupta

In my experience, all workers, daily wage earners & labourers will adamantly refuse any kind of payment via any other means but cash. None of them have the time to line up at the bank when they need to work 10 hours 6-7 days a week to earn livelihood. I am not talking about maids & cooks but...

Chandragupta

- My other maid is a Bangladeshi, she gave me back monthly salary i gave her on 9th in 500Rs. I told her gove me 15-20 days to give it back she took back the half salary and is ok to Waite till 30 dec. Fire her? Replace her with an Indian? __________________ It is one thing to 'celebrate' small ven...

Chandragupta

We Indians have become like bhed bakri, need a shepherd with a big danda to make us walk in line. Modi ji is that shepherd. 90% of our population is complicit in making this country what it is today.

Chandragupta

Some people here need to come out of their air conditioned IT vity bubble. 100% cashless? PAN number for above Rs.500 transactions?! People here saying that all kind of workers and labour can be paid via cheque! Cash will never go out in India. We need to work within realistic constraints and preven...

Chandragupta

They should flush the market with Rs.100 notes and eliminate all other higher notes. All this cashless economy sounds good but behaviours dont change that easy. Plus we need to do a lot more in our power, cellular and internet infrastructure to make this possible. Introduce a weekly linit for withdr...

Chandragupta

ICICI Pockets has UPI I think, the best of the lot.

Can anyone use UPI's public API and come out with an e-wallet or needs approval from the RBI?

Chandragupta

All opposition may cry. The inconvenience to general public will subside completely by end of Nov. However all political rivals are completely torched. They will not be able to replenish their stock of black money anytime soon. Modi can ask RBI to provide the windfall gains to the government and gi...

Chandragupta

BM is a double edged sword too - I can argue that it causes collateral damage to a big percentage of SME sector. If a babu is worth 500 crore (peanuts actually), he will only have 30-40 crore in cash at most, 20-30 will be parked in Gold & jewellery and the rest in RE. If you dont go after these...

Chandragupta

They will ask for source if it is a big enough amount. I think above 10 lakh per account. Below that there will be tax and penalty may be. I read somewhere that IT will not wait for you to file returns to examine but slap a notice and fine immediatey after checking last year's IT return and cash de...

Chandragupta

They will ask for source if it is a big enough amount. I think above 10 lakh per account. Below that there will be tax and penalty may be. I read somewhere that IT will not wait for you to file returns to examine but slap a notice and fine immediatey after checking last year's IT return and cash dep...

Chandragupta

RE depreciation will be limited and temporary. There are millions of salaried families having only white money who were priced out of the market by the BM holders. If interest rates go down as is hoped along with an initial fall in RE prices, they will get back into the market and the prices will s...

Chandragupta

Arthakranti also proposes 0% Income Tax & removal of all other taxes and instead have a 2% transaction tax on every transaction. Is that realistic/practical?

Chandragupta

Has there been an analysis on short to medium term impact on small & medium scale industry & businesses in the country? Quite a lot of confusion & uncertainty in business owners (yes, some run on cash economy).

Chandragupta

I am sure Modi is not sending thousands of traders or banias to Jail for having anything less than 5 cr. I think only 20-25 cr + might possibly be looking at jail time, nobody else. Penalty, however, will be applied evenly. Doctors, lawyers, traders, banias with upto 2-3 crore will be allowed to wal...

Chandragupta

Breaking – This businessman has surrendered Rs. 6000 crore in cash? Know who he is ! - Postcard.news It seems Narendra Modi’s war on corruption and black money is paying rich dividends. If reports are to be believed, Lalji Bhai Patel who is a builder and diamond merchant from Surat , has surrendere...

Chandragupta

With all the hardships that citizens are going through, the constant thing I hear from the people in lines is that this is all worth it to catch black money holders and corrupt officials. Therefore the Government will have to make some very public arrests and parade the rogue's gallery in the media...

Chandragupta

When all the BM comes to banks, whatever % of it does, I hope the interest rates are lowered for SMEs. Loans/ODs can be made available via Mudra Bank if need be. Need not be large but 20-25 Lakh loans go a long way. All those seths with massive white money, may not now block it in RE & Gold, tha...

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