How will you evade Black Money?....It hovers you.
Black money has just emboldened everyone in the nation. I appreciate the strategy adopted by our PM. But I also slap banks for poor management over this. So this article will talk on Black Money and how you can hide it.
Yes you heard me right. Black is black and you cannot find it, that's the reality. I am sure the way the government has strategized it they will get caught of them is really anticipating. Even if they have released 100℅ money after demonitisation, in any case they are not going to get even 95℅ of the money in return. Now this doesn't ensembles the fact that 5℅ will be the black money but it the fact is that no common man has gone to bank to save his deposits. Everybody is holding their cash and savings in hand and in cash which stops the circulation of notes. But still we cannot infer that we have win over this black market.
Actually black market is something which will ever be needed and we cannot extinguish it. Hoarders will remain there and you cannot go and say to them please release.
If you opt for darknet, the underworld of Internet blissed with crimes and unknown things to you but costful for the others the black marketers. Bitcoins is something on which nobody eyes on. Neither your bank nor your government. So you can buy digital currencies by spending black money. You can take hoard of new notes and buy or sell it by making a commission of 10℅ atleast. And yes this all has been under privilege.
So overall we in any case cannot erase the black market and black money. Only thing that we'll need is some strict laws and amended laws in old bills to strengthen the economy. Demonitisation was good and we expect it to come again soon in next term of BJP. But this is not the ultimate way to erase the black money.
Yes you heard me right. Black is black and you cannot find it, that's the reality. I am sure the way the government has strategized it they will get caught of them is really anticipating. Even if they have released 100℅ money after demonitisation, in any case they are not going to get even 95℅ of the money in return. Now this doesn't ensembles the fact that 5℅ will be the black money but it the fact is that no common man has gone to bank to save his deposits. Everybody is holding their cash and savings in hand and in cash which stops the circulation of notes. But still we cannot infer that we have win over this black market.
Actually black market is something which will ever be needed and we cannot extinguish it. Hoarders will remain there and you cannot go and say to them please release.
If you opt for darknet, the underworld of Internet blissed with crimes and unknown things to you but costful for the others the black marketers. Bitcoins is something on which nobody eyes on. Neither your bank nor your government. So you can buy digital currencies by spending black money. You can take hoard of new notes and buy or sell it by making a commission of 10℅ atleast. And yes this all has been under privilege.
So overall we in any case cannot erase the black market and black money. Only thing that we'll need is some strict laws and amended laws in old bills to strengthen the economy. Demonitisation was good and we expect it to come again soon in next term of BJP. But this is not the ultimate way to erase the black money.
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Deepak Singh
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