Currency Demonetisation and Future course of Indian Economy

Neela · Post by **Neela** » 11 Dec 2016 00:48

News of IT raids coming in thick and fast.
Is this because of slimy approvers or has GoI gamed this completely?

disha · Post by **disha** » 11 Dec 2016 00:54

habal wrote: In many parts of the country, there is no economic justification for roads, it is a state largesse and favor done by the state to it's people. Same goes for electricity.

The above post must go into the annals of BRF as the most arrogant and elitist post ever. EVER. If one wonders what does a "De-Racinated Indian" or "Resident Non Indians" or "SLIME" mean., one just has to look at the above post as an example.

The answer to the above post is not logic. Since any more logical answer to the above actually will stoke the ego in their behavior.

A similar statement was made by a bureaucrat some 30 years back on why do they need roads and that too smooth for the villages? To drive mercedes? Such bureaucrats were the termites on the nation. What such BRFites are., I would leave it up to the readers.

---

For better economy., energy and transportation are the key. In fact without this basic infrastructure in place for each and every citizen of a nation to access too., there is no economy to speak of and the nation will be doomed to be in chaos.

kit · Post by **kit** » 11 Dec 2016 00:58

disha wrote:
habal wrote: In many parts of the country, there is no economic justification for roads, it is a state largesse and favor done by the state to it's people. Same goes for electricity.
The above post must go into the annals of BRF as the most arrogant and elitist post ever. EVER. If one wonders what does a "De-Racinated Indian" or "Resident Non Indians" or "SLIME" mean., one just has to look at the above post as an example.

The answer to the above post is not logic. Since any more logical answer to the above actually will stoke the ego in their behavior.

A similar statement was made by a bureaucrat some 30 years back on why do they need roads and that too smooth for the villages? To drive mercedes? Such bureaucrats were the termites on the nation. What such BRFites are., I would leave it up to the readers.

---

For better economy., energy and transportation are the key. In fact without this basic infrastructure in place for each and every citizen of a nation to access too., there is no economy to speak of and the nation will be doomed to be in chaos.

i find that funny ..question to habal ..ever been to China ? ..please do ..its revealing

disha · Post by **disha** » 11 Dec 2016 00:59

Neela wrote:News of IT raids coming in thick and fast.
Is this because of slimy approvers or has GoI gamed this completely?

Completely gamed.

Now one can understand when Urjit Patel says., we want to see all the money accounted for. If let us say a significant money does not come in., then yes it is a one-time gain but a future loss in accountability. One will not know if say out of 2.5 lakh crore not coming in., which regions generated how much and more importantly how. And even more importantly how much was it laundered?

With this they can quantify the BM., and how it is generated and laundered.

Neela · Post by **Neela** » 11 Dec 2016 01:09

Simple really. Roads lead to efficiency. The smallest trader to largest multinational has the same set of problems.
Bigger market for goods: Better roads expand reach of trader
Getting goods to end user at shortest possible time: Better roads helps getting to his customer faster.
Better integration with local economy: Better roads helps traders integrate with nearby industries
Fuel efficiency: Better roads leads to cheaper logistics.

Cringing at that post.

hanumadu · Post by **hanumadu** » 11 Dec 2016 01:10

When is the last day by which the BM depositors should declare their hoard to avail the 50% tax amnesty scheme?

disha · Post by **disha** » 11 Dec 2016 01:14

UlanBatori wrote:Indian currency crunch over!
I have Arrived! Came in with 17 ek-hajar notes, plus Rs 811 in assorted small notes and coins.

I heard that Mongolia has sent a S.O.S to India now!

SSharma · Post by **SSharma** » 11 Dec 2016 01:19

just came back from desh
i didnt really have many problems, used cashless payments for almost everything, even 1k per week was more than enough once i got on the cashless wagon.

the people though had massive issues going all cashless, i can understand not being able to pay the kaamwali etc via sbi buddy, but atleast use ola or something for cabs - even that is too much to ask, many seemed to yearn for the cash days back and cursed that modi wont get any votes from them again.

and these are middle class folks, with salaries mind you.

achoudhury · Post by **achoudhury** » 11 Dec 2016 02:18

Could it be that some of the note exchangers were actually Govt agents. And now Govt has first hand information on people trying to exchange. Some of the raids are so precise in nature that it raises doubts.

Karan M · Post by **Karan M** » 11 Dec 2016 03:11

JohnTitor wrote:
habal wrote:So what is objective of aggressive taxation apart from fighting inflation. Or is it a form of punishment imposed for the crime of earning a profit. And secondly do we prefer a contracted economy with 70% tax compliance or a larger economy with 35% compliance with both percentages resulting in almost similar tax collection numbers.
LOL 3% tax base and you talk of aggressive taxation?

Either everyone pays tax or no one does. Only some people paying because they have no choice (employees) while others think it is their "dharma" (those using such words are seriously compromised for using such lofty words for what is essentially theft) to make money and celebrate festivals in a grand manner is simply unfair to everyone.

This is getting tiring and it is driving this thread off topic. Simple rules - either everyone pays or everyone doesn't. What kind of India each choice creates is one where those living in India will suffer.

well said

prahaar · Post by **prahaar** » 11 Dec 2016 03:12

Someone with deep knowledge of cash work flow from printing to dispensing might be able to game the system with small amounts for a longer period. The hurry shown by many with extracting large sums indicates haste and panic. Why else would someone get caught with 23 kg gold in Chennai airport or with 5.7 crore in 2000 notes in Karnataka? I feel many of these are related to the 500 old to 300 new notes conversion mafia. Action on real estate may be the final WMD. Gold might be the last since it is harder to detect. A flat bungalow plot are all already in one or the other database.

hanumadu · Post by **hanumadu** » 11 Dec 2016 03:27

achoudhury wrote:Could it be that some of the note exchangers were actually Govt agents. And now Govt has first hand information on people trying to exchange. Some of the raids are so precise in nature that it raises doubts.

Police have informants. Any activity involving a large number of people (which the note exchange operations are) will be known to the police.

hanumadu · Post by **hanumadu** » 11 Dec 2016 04:46

ANIVerified account
‏@ANI_news
#FLASH: Income Tax Department seize Rs 24 crore cash in new currency notes in Vellore (Tamil Nadu)

Bart S · Post by **Bart S** » 11 Dec 2016 05:14

hanumadu wrote:
achoudhury wrote:Could it be that some of the note exchangers were actually Govt agents. And now Govt has first hand information on people trying to exchange. Some of the raids are so precise in nature that it raises doubts.
Police have informants. Any activity involving a large number of people (which the note exchange operations are) will be known to the police.

The problem here though is of how many of the law makers/enforcers are themselves lawbreakers. We already know about politicians and regular govt/PSU officials, but the big problem is that a lot of police are themselves corrupt (several of them got caught in Bangalore) and the even bigger problem is the IT and ED officials. These two will determine the success of netting fish of all kinds.

ashbhee · Post by **ashbhee** » 11 Dec 2016 05:39

disha wrote:
ashbhee wrote:Govt. decides to print plastic currency: http://economictimes.indiatimes.com/new ... 892009.cms

I do not understand why they did not do it after demonetisation and print new plastic 500 and 2000 rupee notes.
Possibly that the current new Rs. 500 & Rs. 2000 can be demonetized.

Oh God, I cannot believe they will do that again. Even if they bring in plastic 500 and 1000 notes, they will be in circulation in parallel to that of paper notes.

UlanBatori · Post by **UlanBatori** » 11 Dec 2016 05:47

What is triggering all these raids? One possible answer is that above? They are finding the money-changers, it looks like. That is in fact a bigger blow to the whole BM economy: the launderers' risk went up by big factor. Now 20% margin looks not so attractive.

50% + amnesty is not available for large depositors, right?

50%, no questions asked sounds like a good deal for someone facing a raid if they go and deposit in the bank and take the tax penalty. I imagine that if Babu HarishChandra, govt aphsar goes and deposits 10 karod and offers to pay 50% tax, he also gets a pair of free steel bangles+ chain? So to him, "get rid of the loot and get 30%" begins to look wonderful, hain?

If someone offers you 51%, that's probably a See Bee Eye "approver" whose Heart and Mind has been won by the govt. already with offer of reducing sentence to 13 years RI.

UlanBatori · Post by **UlanBatori** » 11 Dec 2016 06:01

BTW, heard that govt is acting fast: depositors in Malloostan's "Cooperative Banks" are getting kind invitations from EyeTee people to come in and explain why they have not been reporting the nice 10% interest that they have been collecting on deposits. Lots of retirees are in this category, incl. lots of govt. retirees.

Apparently CoOp banks also have zillions of benami depojitors who are in fact the holders of the Left Democratic Front's Back Office Deposits.

Suraj · Post by **Suraj** » 11 Dec 2016 06:59

Absolutely. GoI doesn't have to painstakingly chase down every person. They just need to make the cost of 'conversion' almost equal to 50% which is their penalty. It doesn't even have to be actually 50%. 60-70% plus risk of future prosecution and 100% loss, is still worse than 50% and slate wiped clean officially. Particularly when there endless stories going on about sarkar raidly left right and center. What's to guarantee it's not your door that will get knocks next ? Better to just come out clean, pay 50% and sleep at night without fear of whether you'll look food in stripes, two bangles and a chain.

Singha · Post by **Singha** » 11 Dec 2016 07:06

24 cr in 2k notes seized from a car in vellore

http://indianexpress.com/article/india/ ... e-4420238/

Our banks or cash cos have more holes and moles than a sponge

Dasari · Post by **Dasari** » 11 Dec 2016 08:36

Suraj wrote:Absolutely. GoI doesn't have to painstakingly chase down every person. They just need to make the cost of 'conversion' almost equal to 50% which is their penalty. It doesn't even have to be actually 50%. 60-70% plus risk of future prosecution and 100% loss, is still worse than 50% and slate wiped clean officially. Particularly when there endless stories going on about sarkar raidly left right and center. What's to guarantee it's not your door that will get knocks next ? Better to just come out clean, pay 50% and sleep at night without fear of whether you'll look food in stripes, two bangles and a chain.

No, we are beyond the point of deterrence. Now they have to investigate each one as most of the BM is already deposited.What avenues are there for the BM hoarders who already deposited the money illegally to come forward now? Their crime doubled now- Not only they commmited the crime of BM but also bribed somebody to convert it. Unless Govt (to reduce their massive workload) gives another opportunity for the hoarders to admit the guilt with a financial penalty, this investigation has to continue one by one.

shiv · Post by **shiv** » 11 Dec 2016 08:46

Dasari wrote:
Suraj wrote:Absolutely. GoI doesn't have to painstakingly chase down every person. They just need to make the cost of 'conversion' almost equal to 50% which is their penalty. It doesn't even have to be actually 50%. 60-70% plus risk of future prosecution and 100% loss, is still worse than 50% and slate wiped clean officially. Particularly when there endless stories going on about sarkar raidly left right and center. What's to guarantee it's not your door that will get knocks next ? Better to just come out clean, pay 50% and sleep at night without fear of whether you'll look food in stripes, two bangles and a chain.
No, we are beyond the point of deterrence. Now they have to investigate each one as most of the BM is already deposited.What avenues are there for the BM hoarders who already deposited the money illegally to come forward now? Their crime doubled now- Not only they commmited the crime of BM but also bribed somebody to convert it. Unless Govt (to reduce their massive workload) gives another opportunity for the hoarders to admit the guilt with a financial penalty, this investigation has to continue one by one.

As I see it the GoI has bought time and laid a bait - but this is only part of the story. Over the next few months while the IT dept investigates suspicious accounts - there will be a tab on all property deals and gold making it inconvenient to pull out deposits and convert

That aside the GoI has a "window of opportunity" where a degree of digitization must be rammed through. A person like me who has lived a digital payment life for years can point out that the "weak link" is the merchant. We need small merchants getting into the system in markets and shops. That means POS machines. The other thing is that UPI is very flaky at the moment. To me it appears that Paytm is the only thing that has its act together

hanumadu · Post by **hanumadu** » 11 Dec 2016 08:48

Those who have exchanged cash already took a cut. The cash is not even probably with them in their accounts to declare. It must be there in some hundreds or thousands of Jan Dhan accounts. I wonder why Modi announced the amnesty scheme much later after DeMo started.

Suraj · Post by **Suraj** » 11 Dec 2016 10:12

Dasari wrote:
Suraj wrote:Absolutely. GoI doesn't have to painstakingly chase down every person. They just need to make the cost of 'conversion' almost equal to 50% which is their penalty. It doesn't even have to be actually 50%. 60-70% plus risk of future prosecution and 100% loss, is still worse than 50% and slate wiped clean officially. Particularly when there endless stories going on about sarkar raidly left right and center. What's to guarantee it's not your door that will get knocks next ? Better to just come out clean, pay 50% and sleep at night without fear of whether you'll look food in stripes, two bangles and a chain.
No, we are beyond the point of deterrence. Now they have to investigate each one as most of the BM is already deposited.What avenues are there for the BM hoarders who already deposited the money illegally to come forward now? Their crime doubled now- Not only they commmited the crime of BM but also bribed somebody to convert it. Unless Govt (to reduce their massive workload) gives another opportunity for the hoarders to admit the guilt with a financial penalty, this investigation has to continue one by one.

No that's not what I am talking about. All 'conversion' needs N people to convert one large cache of old notes. Only one of those N little guys needs to squeal. That enables all the rest to be identified. The nature of the effort required to convert is that every big fish creates N points of failure. The larger the original cache, the greater the points of failure, since each subset needs to be small enough to stay under the 2.5L radar and even then it doesn't guarantee lack of scrutiny, since just a pattern of sudden deposits in a local area is enough.

rahulm · Post by **rahulm** » 11 Dec 2016 10:30

With IT raids coming in thick and fast, I find it hard to believe that the the IT dept. which pre DEMON was a den of mouse faced people with zero integrity and morals have overnight, post DEMON turned a new betel leaf to become the beacon, shining example and torch bearers of honesty. Unless, NaMaO has privately inserteda large diameter, slow rotating danda up their backsides and placed their privates in a vice

The increase is Apollo fees is probably due to a sense of entitlement in pre DEMON fees being tax free rates and the post DEMON rates to adjust for tax on traceable transactions and loss of existing BM in part and an opportunistic price increase in the remaining part. It's part of the Hippocracy oath.

I went to a steel trader in Shiroda yesterday to buy some rods for my house. Told me to get lost when I asked if he has a swipe machine. He is from a certain Rajasthani mercantile community. Shop,opposite him is the same story.

Rishi Verma · Post by **Rishi Verma** » 11 Dec 2016 10:43

100cr in TN, 15cr in K'nataka, 13cr in delhi all within 3-days, I think the uber greedy are taking the bait and getting caught. The frequency of raids can't be a coincidence. I hope within a month or two some big fish get caught. If it's a political party then the Election Commissioner may also get involved. If only mayawati gets caught and sent to jail forever then for me the whole exercise was well worth it.

Dasari · Post by **Dasari** » 11 Dec 2016 10:50

Suraj wrote: No that's not what I am talking about. All 'conversion' needs N people to convert one large cache of old notes. Only one of those N little guys needs to squeal. That enables all the rest to be identified. The nature of the effort required to convert is that every big fish creates N points of failure. The larger the original cache, the greater the points of failure, since each subset needs to be small enough to stay under the 2.5L radar and even then it doesn't guarantee lack of scrutiny, since just a pattern of sudden deposits in a local area is enough.

Got it.

Subdas · Post by **Subdas** » 11 Dec 2016 10:53

This has been fully gamed as below

- get high value paper notes into the bank to confiscate the black money - DONE
- limit paper notes so that people are pushed towards digital notes - DONE
- incentivise digital notes so that its adoption grows voluntarily - IN PROGRESS
- make digital notes a legal tender which means corrupt business like the marwari steel trader, will comply by force - WILL COME SOON
- punish those that made paper notes via illegal means - IN PROGRESS

Subdas · Post by **Subdas** » 11 Dec 2016 10:57

workers have seen the value of digital notes and will voluntarily switch. I have already made digital payments to some workers and no body is complaining. I can clearly see some business are pushing back on the digital notes and these are plating stories in the media that workers are dying and jobs are getting lost and business is hurting. But % of these people is much less.

Subdas · Post by **Subdas** » 11 Dec 2016 10:59

does any body know how to post a DEMO suggestion on the my gov portal. I tried but could not find any option. I want to post the suggestion that digital notes be made legal tender and any body refusing to accept the same can be booked in the books of law.

suryag · Post by **suryag** » 11 Dec 2016 11:29

Going by all the changes being continuously brought in by RBI i feel there was a mega baiting program to draw the BM holders out and then catch them. Sample this.

1. RBI says PMJDY accounts can take upto 49K without problems and suddenly you see 27K crores in PMJDY and following that RBI says we know this is happening and PMJDY activity reduces to trickle.
2. Deposits of 2.5L for women/family members okie and the greedy suckers again fall for it and deposit it into a lot of accounts - RBI then states we are going to investigate the source of funds and this slows down too
3. Metro buses and petrol pumps can take old notes and again the suckers try and exploit this route and they get exposed.
4. Smart Alecs think we can buy 18carat gold and RBI lets them do that for a week or so and now says we will check all stock details now. Ab gold traders need to atleast pay 30% tax on sales, so the middle man(gold trader) is hit big time now.
5. Coop banks bypass KYC norms and our BM suckers go over there and deposit in huge quantities - i believe this is yet another trap, now either the real naami behind benaami comes and validates with IT folks or that money stays confiscated
6. Smart Alecs then exploit the NE route and get screwed there.
7. Suckers then fall for the political parties dont need to pay IT and then park their money as donations from anonymous donors and now CEC fires a salvo

Few other routes still open(to the best of my knowledge)
1. Church and wakf stuff contributions, temple hundis
2. the infamous import export route, you pay a front company overseas for a non existent service and then that money gets routed by another front company after commission as investment/overseas loan(like the old mauritius route)
3. start insurance policy on healthy individual get him to convert BM and if things go south suicide him and collect the insurance money

In hindsight this looks like mutliple traps designed and laid down by the GoI to smoke the rats out or it could be that in reality the GoI was in realtime course correction mode. Which one of them is true i dont care, just want all these suckers to lose majority of their money. BTW, i do feel a few BM changers would get suicided randomly to stall further investigation as they are the remaining links between the BM holders and IT dept.

GoI should start a private anonymous tip-off service to net more fish, i believe now the middle class(atleast a small % of them) dont want their bosses to recover their illegal wealth and might rat out

ragupta · Post by **ragupta** » 11 Dec 2016 12:18

Singha wrote:24 cr in 2k notes seized from a car in vellore

http://indianexpress.com/article/india/ ... e-4420238/

Our banks or cash cos have more holes and moles than a sponge

This explains long lines, reported by complicit Media repeatedly. contributing to difficulty by common man. The work of corrupt political and business class.

ragupta · Post by **ragupta** » 11 Dec 2016 12:27

Bart S wrote:
hanumadu wrote:
Police have informants. Any activity involving a large number of people (which the note exchange operations are) will be known to the police.
The problem here though is of how many of the law makers/enforcers are themselves lawbreakers. We already know about politicians and regular govt/PSU officials, but the big problem is that a lot of police are themselves corrupt (several of them got caught in Bangalore) and the even bigger problem is the IT and ED officials. These two will determine the success of netting fish of all kinds.

This desease is wide spread in society, almost 50% people or activity you engage on a yearly basis is involved in this desease, that is why this argument "first catch that one, before asking me to change". NaMo announced 17 month campaign to root our this 70 years of evil.
1. Various Amnesty scheme
2. DeMo
3. Banami
4. GST
5. Purchase portal for all Govt purchases, $400B total value.
...

Inbetween carrot and stick at every stage to make them come clean....

Sachin · Post by **Sachin** » 11 Dec 2016 14:19

Updates from South East Bangalore. The ATMs of public sector banks seems to have a bigger queue today. In a Vijaya Bank ATM and SBI ATM, I could see at least 100 people on the queue. The Vijaya Bank ATM is next to the bank, and the bank has put up a Shamiana so that the people can get a respite from the blazing sun. On the other side, I also see people using Credit/Debit card for even a Rs.100 purchase of petrol.

UlanBatori wrote:BTW, heard that govt is acting fast: depositors in Malloostan's "Cooperative Banks" are getting kind invitations from EyeTee people to come in and explain why they have not been reporting the nice 10% interest that they have been collecting on deposits.

Yes, many Co.Op banks in Northern Kerala had some friendly visitors from the IT department visiting them last week. And from what I read, they had come well prepared. Lot of investigations were allready done in the background. There are rumours that in Kozhikode alone, there is a politician who may lose 2 crores straight away. But the major dailies in Kerala are seriously under reporting on these. For them some person farting, while standing in an ATM queue in Bhopal, or Gandhinagar is more important than all this

.

Got this on Facebook. Check this URL before they change the contents. For reference, I have taken a screen snap shot. The English used in the web site is also a real gem

.
Deposit scheme@Kaviyoor Co.Op bank, Kerala

FD Deposits(Fixed Deposit)

Bank offers simple formalities to open the fixed deposit(term deposit).No pan card is needed to open the fixed deposit.

Interest given on fixed deposit is not subjected to income tax deduction at the source.

Source of income for the money offered for deposit is not to be proved.

The bank offers high rate of interest than other banks for deposit is not to be proved.

This is how "legal", these Co.Op banks (!?) are. This Co.Op society is said to be controlled by the commies. Revolution through money laundering, seems to be motto.

Singha · Post by **Singha** » 11 Dec 2016 14:55

pix of cash bundles found in delhi law firm in GK1

http://www.ndtv.com/delhi-news/rs-2-5-c ... eststories

tandav · Post by **tandav** » 11 Dec 2016 15:19

Any comments on report here.

http://ajitkarnik.blogspot.in/2016/12/d ... ch-of.html

Singha · Post by **Singha** » 11 Dec 2016 15:39

Postmaster was on the take...

Gujarat

Rs 39.8 lakh in cash was seized from two different cities in Gujarat today, of which Rs 24 lakh was in Rs 2,000 currency notes.

Acting on a tip-off, sleuths of Special Operations Group in Ahmedabad seized Rs 21,77,650 in cash and detained four persons who were allegedly carrying those to exchange old notes for a commission, SOG police inspector V H Jadeja said.

"The seized cash includes new currency notes of Rs 2,000 and Rs 500 worth over Rs 10 lakh, while remaining notes are of Rs 100, Rs 50, Rs 20 and Rs 10 denominations. Those detained will be handed over to the Income Tax department for further investigation," Jadeja said.

In a related incident, police in Bharuch town in south Gujarat seized Rs 18 lakh cash, some of which was in new currency notes, from a residential apartment and detained three persons for questioning.

Bharuch A division police searched the house of one R L Modi and seized the money from him. The cash included Rs 14 lakh in Rs 2,000 notes, four notes of Rs 500 denomination, as well as notes of Rs 100 and Rs 50 denominations.

Hyderabad

An amount of Rs 82 lakh, including Rs 71 lakh in new Rs 2,000 currency, was seized at Kothur near Hyderabad.

The cash, including Rs 71 lakh in new Rs 2,000 notes and Rs 11 lakhs in hundred rupee notes, was seized during vehicle checking at Kothur, police said.

Two persons, allegedly involved in exchange of money on a commission basis, were also nabbed by the police.

In another incident, the CBI recovered Rs 65 lakh of new currency in Rs 2,000 denomination from the Senior Superintendent of Post Offices, Hyderabad in connection with its probe in the note exchange racket.

K Sudheer Babu, the Senior Superintendent of Post Offices, had kept this amount as his commission for allegedly exchanging over Rs 3.75 crore of old currency with the new one, CBI said in a statement.

"The money seized was the commission of K Sudheer Babu, as he kept it aside as his share, out of Rs 3.75 crore, which he misappropriated by fraudulently exchanging old currencies for new currencies from the post offices falling under his division. So far, CBI has seized Rs 92.68 lakh of new currency in Rs 2,000 denomination, in these cases," it said.

RajeshG · Post by **RajeshG** » 11 Dec 2016 15:50

He is from a certain Rajasthani mercantile community.

This is pretty amazing. I mean, seriously ? I am seriously trying to understand this type of emotion going thru the nation and I cannot figure it out.

Singha · Post by **Singha** » 11 Dec 2016 16:08

A section of businessmen and self employed have high income but believe in a god given right not to pay taxes honestly. They will suffer things like poor electricity, water and roads stoically but will keep their money

By any yardstick 95% of chandni chowk buildings are fire and structural hazards and would be either cleaned up or razed in a developed country..but these traders will sit inside the maze in tiny shops and continue to make money even if the roof falls on their heads..then quickly blame the govt

Not all are like that..my regular electrical goods shop run by a membef of same community has long had a swipe machine

RajeshG · Post by **RajeshG** » 11 Dec 2016 16:26

Singhaji

While i still cannot put my finger on what exactly this emotion means and hence might not be able to articulate this properly. But I do know one thing for sure that this definitely does not sound like "sabka saath sabka vikaas".

And my spider sense tells me this negative emotion is not good for the country.

prahaar · Post by **prahaar** » 11 Dec 2016 16:37

Rahulm can explain what he meant in the post, it may just be a reference to the anecdotal incident.
RajeshG, there is no caste specific emotion. I am aware of such touts from mercantile non-mercantile buddhijivi kisan sarkari communities. Unfortunately millions have never got been in the habit of not reporting any income. Doctors/Lawyers are at least some of the post-graduate educated junta who have a significant section who do not report all the tax.

Sabka Saath Sabka Vikaas is possible when sab log pura tax bharenge. No ifs and No buts.