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Chiru_fan
Megastar Username: Chiru_fan
Post Number: 25837 Registered: 04-2008 Posted From: 71.179.25.114
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 08:43 am: |
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Emc2:
EMC annai, mana desi gallantha kaminee gaallu ee bhoo pepanchakam meeda yekkadaa vundaremo.... kameeneepan is in our DNA I suppose.... CHIRU - SACHIN - FEDERER |
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Emc2
Legend Username: Emc2
Post Number: 51424 Registered: 03-2008 Posted From: 173.66.111.159
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 08:29 am: |
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antha ledu already akkada 80 20 lo gold and gas stations and other businesses lo conversion jarigipothundi plus most of the money already 6 months back converted ani inside info |
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Teluguhero
Side Hero Username: Teluguhero
Post Number: 2121 Registered: 04-2008 Posted From: 50.156.143.166
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 08:23 am: |
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New_user: Idaithe pedda joke. Asalu gps chips pedithe, inka cash avasaram emuntundi? Banks ki, ATMs ki protection inka avasarame undadu.
http://www.ndtv.com/india-news/rs-1-000-note-will-be-back-wi th-improvements-says-government-1623668 "In the next few months, Rs. 1,000 notes will also be brought in with a new dimension and design," announced Shaktikanta Das, Economic Affairs Secretary today. This morning saw people across the country scrambling to banks to turn in the now-invalid Rs. 500 and Rs. 1,000 notes. Till the end of the year, these will be accepted at banks and post offices. They can be swapped now for a limited amount of new Rs. 500 and Rs. 2,000 notes, which have special features to prevent counterfeiting and track money laundering; the cap on accessing the new currency will be eased in two weeks, the government has said. |
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Chanakya
Side Hero Username: Chanakya
Post Number: 4068 Registered: 04-2015 Posted From: 198.203.181.181
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 08:05 am: |
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Bingo:that will break the backs of lower income people
what lower income people lose in taxes can be accomodated thru social schemes. No one is going to tell you the truth. They’re only going to tell you their version! ~Julian Assange |
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Kkd
Legend Username: Kkd
Post Number: 31273 Registered: 02-2008 Posted From: 103.10.109.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 08:02 am: |
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Right_wing:Total currency in circulation 17.54 lac crores,out of which 83% is in 500 & 1000 notes. 17.54x83% = 14.55 lac crores indulo entha venakki vasthe antha legal migatha antha rogue money. Minimum lo minimum 25% black esukunna more than 3 lac crores will be flushed out of system, which was not contibuting to GDP.
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Kkd
Legend Username: Kkd
Post Number: 31272 Registered: 02-2008 Posted From: 103.10.109.129
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 08:00 am: |
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Let us put it this way in simple terms Total Currency Issued by RBI = $255 billions $55 billion is not coming back :-) RBI is saying - Bring those $255 billion to me those old notes and i will give you new Notes in exchange. If you do not come to me by dec 31 2016, I owe you nothing and you will be left with notes worth toilet paper ....LOL You will see the numbers and results after dec 31. Let us wait and watch. |
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Guru
Hero Username: Guru
Post Number: 10261 Registered: 05-2009 Posted From: 107.77.76.51
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:26 am: |
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Mi asthi down by 30% ani OT mothukuntunnad |
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Bushu
Hero Username: Bushu
Post Number: 13161 Registered: 04-2009 Posted From: 173.76.247.32
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:23 am: |
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New_user: Ee time lo 1000, 2000 notes avasaram ento ardham kavadam ledu. Whats the purpose? Konnallu pothe, emanna clarity vasthundemo, chooddam.
if the bet on cashless txns does not pan out, this is the alternative. debit cards leni vallu entha kalamani 100 rs notes lo bandi naduptharu? but ipudu oka bhayam untadhi, epudu peeki dobbutharo ani. hoarding aaguthadhi. |
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Mental_sachinodu
Hero Username: Mental_sachinodu
Post Number: 19246 Registered: 10-2008 Posted From: 24.125.46.70
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:22 am: |
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Siloan:#vutthamouthamud
decoding kooda ettu.. idhi thittaaa pogadthaa? |
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Bingo
Junior Artist Username: Bingo
Post Number: 459 Registered: 11-2012 Posted From: 66.177.22.105
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:22 am: |
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Chanakya:attane income tax lu lepi transaction tax lu pettandi.... 20-30% tax lu katti malli bayata VAT/cess lu katti sagam potundhi!
that will break the backs of lower income people. What you are proposing is essentially the flat tax system that repubs are proposing in US. It's a dangerous route to go down when about 40% our population lives under the poverty line. |
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Right_wing
Comedian Username: Right_wing
Post Number: 1447 Registered: 12-2014 Posted From: 1.129.97.12
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:21 am: |
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After 30 Dec we will know the actual figure..I believe it is going to be astonishing. |
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Mental_sachinodu
Hero Username: Mental_sachinodu
Post Number: 19245 Registered: 10-2008 Posted From: 24.125.46.70
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:21 am: |
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Junior_no1:then 10% creame will be major annatu,modi wont touch them
well, i dont know what Modi will do or wont do, but just reading about this, it looks like it does affect significant illegal transactions. especially counterfiet money, which is a huge market coming from pak |
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Siloan
Legend Username: Siloan
Post Number: 48427 Registered: 03-2008 Posted From: 98.31.1.121
Rating:  Votes: 1 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:19 am: |
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#vutthamouthamud |
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Kkd
Legend Username: Kkd
Post Number: 31268 Registered: 02-2008 Posted From: 103.10.109.129
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:18 am: |
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New_user:Whats the purpose?
i do not think they didnt analyze this over...including RBI...Let us wait and see...Intentions are right...and upcoming steps will decide.... |
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Right_wing
Comedian Username: Right_wing
Post Number: 1446 Registered: 12-2014 Posted From: 1.129.97.12
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:18 am: |
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Currently Rs 17,54,000 crore worth of notes are in circulation according to the RBI’s database on the Indian economy. Of this Rs 500 notes constituted almost 45% of the currency in circulation while 39% of the notes were of the Rs 1,000 denomination. In value terms. However in terms of volume, Rs 10 and Rs 100 notes constituted 53% of the notes in circulation. This measure would mean that from midnight, almost Rs 6,32,600 crore in circulation in the form of Rs 1,000 notes would be illegal tender. To replace them, Rs 2,000 notes would be introduced, which according to the government would be limited in circulation. |
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New_user
Hero Username: New_user
Post Number: 11734 Registered: 10-2014 Posted From: 174.22.96.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:18 am: |
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Junior_no1:gps chips vunnayi,levu ani coloring isthunru
Idaithe pedda joke. Asalu gps chips pedithe, inka cash avasaram emuntundi? Banks ki, ATMs ki protection inka avasarame undadu. "Clean birth" tho discuss cheyalsi vachchina roju na DB nundi retire avutha... |
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Junior_no1
Hero Username: Junior_no1
Post Number: 15806 Registered: 09-2014 Posted From: 117.246.94.126
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:16 am: |
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Mental_sachinodu:this will be tracked very soon
then 10% creame will be major annatu,modi wont touch them |
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Junior_no1
Hero Username: Junior_no1
Post Number: 15805 Registered: 09-2014 Posted From: 117.246.94.126
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:15 am: |
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New_user:Ee time lo 1000, 2000 notes avasaram ento ardham kavadam ledu.
gps chips vunnayi,levu ani coloring isthunru  |
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Mental_sachinodu
Hero Username: Mental_sachinodu
Post Number: 19244 Registered: 10-2008 Posted From: 24.125.46.70
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:14 am: |
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Junior_no1:desam loney benami's in the form of assets,gold,shares........
yes, this will be tracked very soon and traced back to actual owners right, with this move? if they plan to make any transactions the accounts should be tied to a person. right? |
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New_user
Hero Username: New_user
Post Number: 11733 Registered: 10-2014 Posted From: 174.22.96.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:13 am: |
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Discoveringself:do you think Modi does not have the intent to stop black money?.......
Flop cinema theesina producer ki hit cinema thiyyalanna intention ledu ante emi cheptham? Exceution is important. Ee time lo 1000, 2000 notes avasaram ento ardham kavadam ledu. Whats the purpose? Konnallu pothe, emanna clarity vasthundemo, chooddam. "Clean birth" tho discuss cheyalsi vachchina roju na DB nundi retire avutha... |
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Kkd
Legend Username: Kkd
Post Number: 31267 Registered: 02-2008 Posted From: 103.10.109.129
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:12 am: |
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Mental_sachinodu:i see a lot of folks saying blackmoney is hoarded in offshore accounts... but according to some data about 13 trillions of cash is being handled in 500 and 1000rs notes, and its in the hands of less thant 30% of the citizens. not sure how accurate it is.
if you see amount of cash being circulated during elections in some states...that number could be real.... |
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Junior_no1
Hero Username: Junior_no1
Post Number: 15804 Registered: 09-2014 Posted From: 117.246.94.126
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:12 am: |
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Mental_sachinodu:blackmoney is hoarded in offshore accounts.
desam loney benami's in the form of assets,gold,shares........ |
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Mental_sachinodu
Hero Username: Mental_sachinodu
Post Number: 19243 Registered: 10-2008 Posted From: 24.125.46.70
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:10 am: |
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i see a lot of folks saying blackmoney is hoarded in offshore accounts... but according to some data about 13 trillions of cash is being handled in 500 and 1000rs notes, and its in the hands of less thant 30% of the citizens. not sure how accurate it is. |
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Junior_no1
Hero Username: Junior_no1
Post Number: 15802 Registered: 09-2014 Posted From: 117.246.94.126
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:09 am: |
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benami lani pattey daka pedda seriuosga teeskonakkarledu ee move,if he whips then he will become the greatest PM ever India has seen,period |
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Right_wing
Comedian Username: Right_wing
Post Number: 1445 Registered: 12-2014 Posted From: 1.129.97.12
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:08 am: |
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Whyme:You have to admit - first leader to make the move - gutsy Taadu bongaram lenodu chala dangerous
No doubt..Indira gandhi tried to do ani ekkado chadiva but couldnt do anta. Common man ki ado rakamaina sadism tho kudina anandam |
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Kkd
Legend Username: Kkd
Post Number: 31265 Registered: 02-2008 Posted From: 103.10.109.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:06 am: |
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Whyme:Even if he released 2000 - people will not dare stash it.. He essentially created a doubt in minds
exactly |
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Kkd
Legend Username: Kkd
Post Number: 31264 Registered: 02-2008 Posted From: 103.10.109.129
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:06 am: |
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Whyme:Edo neat ga grooming cheskoni photos teeskone chinna weakness (so what) thappa kekookeka NaMo
dont talk like OT.... |
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Whyme
Hero Username: Whyme
Post Number: 19840 Registered: 09-2009 Posted From: 172.73.178.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:05 am: |
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Even if he released 2000 - people will not dare stash it.. He essentially created a doubt in minds |
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Whyme
Hero Username: Whyme
Post Number: 19839 Registered: 09-2009 Posted From: 172.73.178.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:02 am: |
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You have to admit - first leader to make the move - gutsy Taadu bongaram lenodu chala dangerous Edo neat ga grooming cheskoni photos teeskone chinna weakness (so what) thappa kekookeka NaMo |
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Right_wing
Comedian Username: Right_wing
Post Number: 1444 Registered: 12-2014 Posted From: 1.129.97.12
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 07:00 am: |
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New_user:Ikkada problem - reintroducing the similer or bigger denomination notes, back to square one. Rules ni break chese dhairyam, capacity leni middle class janale, maximum suffer ayyi, victims ga migulutharu
I think 2000 will be limited release..may be 20% of what money is being exchanged. They have some estimation about white money in 500s & 1000s so they know how much to release in 2000s and 500s. Even if they release 100% of legal money exhanged back to market in 2000s and 500s whts is the problem. |
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Discoveringself
Junior Artist Username: Discoveringself
Post Number: 872 Registered: 01-2016 Posted From: 70.27.102.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:58 am: |
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New_user: loophole ki chance ichchinatte
do you think Modi does not have the intent to stop black money?.......may be he has plans for the new notes...or if this is not working or some new issues come up.......they will take remedial measures........side effects undochchu ani cheppi......asalu action teesukokoodadu antey elaa?...... or come up with a plan that works better.........or suggest ideas......I am sure Modi can accept better ways to handle this....... |
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New_user
Hero Username: New_user
Post Number: 11732 Registered: 10-2014 Posted From: 174.22.96.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:55 am: |
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Oka round flush avuthundi. Ok. Whats the need for bigger notes? Ippudu 500 note theesukuni 350 ichche black market start ayyindi. Mallee koththa ga 500 notes ni allow chestam ante, loophole ki chance ichchinatte. "Clean birth" tho discuss cheyalsi vachchina roju na DB nundi retire avutha... |
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Whyme
Hero Username: Whyme
Post Number: 19838 Registered: 09-2009 Posted From: 172.73.178.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:51 am: |
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What about Indian black money stashed overseas He should bring it back also - then he will be greatest of all time Indian leaders |
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Chanakya
Side Hero Username: Chanakya
Post Number: 4063 Registered: 04-2015 Posted From: 198.203.181.181
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:51 am: |
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Off-record conversations with hawala operators before Tuesday’s announcement and their clients after, suggest that transactions have halted for now, but are expect to restart once the operators and clients have clarity on the new notes “The black economy has been cashless for many years,” said a tax lawyer with clients who have significant cash surpluses, “Accounts between players build up over years, and are often settled in the form of a property transfer.” source: https://www.thequint.com/india/2016/11/09/why-narenda-modis- policy-of-demonetisation-might-not-work-economists-reforms-r s-500-and-1000-notes-rbi-currency No one is going to tell you the truth. They’re only going to tell you their version! ~Julian Assange |
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Kkd
Legend Username: Kkd
Post Number: 31263 Registered: 02-2008 Posted From: 103.10.109.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:50 am: |
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Chanakya:before 2019 elections implement chestademo. middle class full ga guddestaru votes
that is my guess and gut feeling..... |
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Kkd
Legend Username: Kkd
Post Number: 31262 Registered: 02-2008 Posted From: 103.10.109.129
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:49 am: |
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New_user:Ikkada problem - reintroducing the similer or bigger denomination notes, back to square one. Rules ni break chese dhairyam, capacity leni middle class janale, maximum suffer ayyi, victims ga migulutharu.
current black money in cash to be converted to new currency will not be easy...so cleanup will start now and wait for subsequent steps. |
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Chanakya
Side Hero Username: Chanakya
Post Number: 4062 Registered: 04-2015 Posted From: 198.203.181.181
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:48 am: |
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Kkd:you will see...modi infact mentioned this as proposal prior to elections..and he said he will explore that after coming to power....
before 2019 elections implement chestademo. middle class full ga guddestaru votes  No one is going to tell you the truth. They’re only going to tell you their version! ~Julian Assange |
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New_user
Hero Username: New_user
Post Number: 11730 Registered: 10-2014 Posted From: 174.22.96.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:47 am: |
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Ikkada problem - reintroducing the similer or bigger denomination notes, back to square one. Rules ni break chese dhairyam, capacity leni middle class janale, maximum suffer ayyi, victims ga migulutharu. "Clean birth" tho discuss cheyalsi vachchina roju na DB nundi retire avutha... |
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Kkd
Legend Username: Kkd
Post Number: 31261 Registered: 02-2008 Posted From: 103.10.109.129
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:46 am: |
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Chanakya:attane income tax lu lepi transaction tax lu pettandi.... 20-30% tax lu katti malli bayata VAT/cess lu katti sagam potundhi!
you will see...modi infact mentioned this as proposal prior to elections..and he said he will explore that after coming to power.... |
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Chanakya
Side Hero Username: Chanakya
Post Number: 4061 Registered: 04-2015 Posted From: 198.203.181.181
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:45 am: |
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attane income tax lu lepi transaction tax lu pettandi.... 20-30% tax lu katti malli bayata VAT/cess lu katti sagam potundhi! No one is going to tell you the truth. They’re only going to tell you their version! ~Julian Assange |
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Kkd
Legend Username: Kkd
Post Number: 31260 Registered: 02-2008 Posted From: 103.10.109.129
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 06:42 am: |
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If you notice the series of actions being taken by MODI....they are all interlinked...from jandhan to LPG subsidy to aadharinterlinking to banning currency...it is not over yet... Immediate effect will be counterfeit currency will be out. As per govt data there is significant amount of black money as Cash which is used widely during election season,real esate etc and is running like parallel economy. Whoever has bank account and so far not linked to PAN or transfer money to another account the receipients PAN is now linked after this exercise. Second result would be if no 100% most of the black money either will be junked or comeout and will be taxed/penalised. There might be few ways for getting over this penality by having poor people deposit smaller amounts on their behalf and later converting it...but that is not going to work for bigger players.. Every withdrawal/deposit transactions are now tracked. Game is not just over yet just began and these are warmup sessions...you can consider this as GPS at the nano level (not literally nano chip :-) ) Wait and watch...ultimately my feeling is benefits will be passed to tax payers which will be next step in this exercise. Till then go on... |