Ban 500, 1000 notes - Corruption Uprooted or just changing clothes!
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801 comments Page 66 of 81.
Piyusha said:
8 years ago
Demonetization is a good step. I know low class and middle-class people suffered allot. But after this step, lots of money is gathered in the account. And properly taxes are paid to the government. That money is also used in the development of our country. We have to accept this change for our better condition and our nation too.
(25)
Saismruti said:
8 years ago
In my opinion, corruption uprooted for a certain time when it was decided to ban the notes & some of them who have kept black money were known but did really govt has taken some steps against them. So I want to say that govt has simply changing clothes by making several decisions but not actually doing anything against that.
(16)
Sachin singh said:
8 years ago
Hi guyss.
It was a great step taken by our government.
Large loss of black money:- this conclusion is painful the ass for black money owners having vechicles of cash undeclared and experiencing without spending any tax.
More and more businesses will be sorted those who accept paper money only such as small jewelers hotal etc.
It was a great step taken by our government.
Large loss of black money:- this conclusion is painful the ass for black money owners having vechicles of cash undeclared and experiencing without spending any tax.
More and more businesses will be sorted those who accept paper money only such as small jewelers hotal etc.
(1)
Vaishali motewar said:
8 years ago
Demonetization was one of excellent initiative taken by government. It is beneficial for removing black money from our country. This was a overnight decision. But I think its execution disturbed people a lot. According to me its advantages are so helpful for our country economics. But middle class family faced to many problems.
(42)
Vishal Jena said:
6 years ago
I think banning of 500 and 1000 notes is not enough to stop corruption, but instead of that this method change the way of corruption government has to think of it again as due to this law middle class family will suffer a lot during withdrawal money, it will affect our economy too as corruption will increase due to this policy.
(15)
Pritam Mohanty said:
8 years ago
I think that just banning the notes won't be beneficial. Because new notes are also introduced. So the government should make sure that it is impossible to make copy of the new notes. And corruption won't go away so easily. For that, we need better laws and proper scanning of every individual involved in money related process.
(7)
K sivasankar said:
8 years ago
RBI announced that the 98% of the banned money returned to the bank. In this 98% of all money, it includes the black money also. Somewhere in the conversation of this black money to accountable money, the poor people got bit benefit of it. We are newborn puppies we hope demonetization will give us bright and economical future.
(7)
Pratiksha Datir said:
8 years ago
Ban 500, 1000 notes uprooted the corruption because Modi takes a strict action for removed the black money from the market. After 500 and 1000 Rs. Notes get banned 2000 notes comes which contain a chip. And we can track if notes are being collected at 1 place for more than sufficient days. So that the corruption gets reduced.
(5)
Saumy tripathi said:
8 years ago
Here are some interesting facts on the multi-dimensional benefits of DEMONETISATION:
17.73 lakh suspicious cases identified that do not match the tax profile.
Deposits worth Rs 3.68 lakh crore under suspicion.
2.24 lakh shell companies faced the axe.
Stone-pelting incidents in Kashmir came down by 75% from the previous year.
17.73 lakh suspicious cases identified that do not match the tax profile.
Deposits worth Rs 3.68 lakh crore under suspicion.
2.24 lakh shell companies faced the axe.
Stone-pelting incidents in Kashmir came down by 75% from the previous year.
(15)
Darpan said:
8 years ago
The process of banning notes was quick but reduction in corruption is slow process and it'll take some time but it is uprooting because government didn't only banned notes of 500-1000 but also they've also started to linking of adhaar everywhere and digitalization so together all these effort will surely eliminate corruption.
(3)
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