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Machomegastar
Hero Username: Machomegastar
Post Number: 11744 Registered: 02-2008 Posted From: 107.77.76.123
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 02:01 pm: |
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Saarang:
The momet they deposit more than 2.5 they are bound to pay tax. It should happen at the same time right Nippu Naga Raju and Pappu Naga Raju
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Sp1234
Side Hero Username: Sp1234
Post Number: 5964 Registered: 11-2014 Posted From: 97.126.53.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 01:16 pm: |
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Saarang:
Long term benefits depend on follow-up actions and policies. Besides moving transactions electronic, it looks to me people are paying for the lost money due to political and administrative corruption. |
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Saarang
Hero Username: Saarang
Post Number: 14344 Registered: 06-2012 Posted From: 97.126.42.61
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 01:09 pm: |
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Sp1234: Yeah..that's the follow thru. Question is where is all that money supposed to be flushed out. Thinking it thru...govt tax revenue increase(which inefficiency, corruption will waste it eventually), adding liquidity to dying banks are the main reasons than anything else. Banks are sitting on 6 lakh cr bad assets and need min 1.25lakh cr liquidity it seems which this excercise achieved. Aa poyina 6lakh cr kooda Janala sommey
Entha flush out avutundhi and will the government waste the additional tax revenue is debatable...ok. But 2 long term benefits for sure: 1) The money that came into open is good for the economy in many ways: It will increase the circulation istead of stagnating. Today's banking systems have much more traceable than in the past. So, its like a huge reset with more ability to track where it is going. There can be more follow-up on the source of these sudden deposits in future. 2) They are not going to introducd real currency equal to 15 lakh crores that is being taken out. So, far they only printed 1.5 lakh crores, they will print some more but the total will be far less than the old currency. Rest will be electronic currency. So, more transactions will have to be electronic. Idhi Modi himself mentioned in his original speech. |
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Sp1234
Side Hero Username: Sp1234
Post Number: 5963 Registered: 11-2014 Posted From: 97.126.53.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 01:03 pm: |
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Saarang:
Yeah..that's the follow thru. Question is where is all that money supposed to be flushed out. Thinking it thru...govt tax revenue increase(which inefficiency, corruption will waste it eventually), adding liquidity to dying banks are the main reasons than anything else. Banks are sitting on 6 lakh cr bad assets and need min 1.25lakh cr liquidity it seems which this excercise achieved. Aa poyina 6lakh cr kooda Janala sommey |
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Sp1234
Side Hero Username: Sp1234
Post Number: 5962 Registered: 11-2014 Posted From: 97.126.53.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:57 pm: |
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Eedi lekka choostunte fake currency ekkuva convert ayinatundhi asalu kantey.. |
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Saarang
Hero Username: Saarang
Post Number: 14343 Registered: 06-2012 Posted From: 97.126.42.61
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:57 pm: |
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Sp1234:Operation success patient dead aa.. black antha white aipoindha already?
First hand information from a large business. Normally, they maintain 30 crores in various bank accounts. Last 2 days lo the deposited an additional 60 crores into bank accounts. If IT catches them, they will try to claim it as recent revenue...ayinda pattukunte they will have to pay penalty. IT pattukuntundha ledha teliyataniki will take an year. At the minimum, they will to pay tax on the 60 crores which they would not have normally paid. |
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Hero
Side Hero Username: Hero
Post Number: 9556 Registered: 09-2009 Posted From: 104.177.182.44
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:55 pm: |
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kkd kurrod vachi SBI collections edatad wait cheyandi... Black moeny collections kabali collections ni beat chesedo leda mari so far
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Sp1234
Side Hero Username: Sp1234
Post Number: 5961 Registered: 11-2014 Posted From: 97.126.53.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:55 pm: |
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Saarang:
Giving an example of the countryâs largest lender SBI, which controls 20-25 per cent of the banking business, Jaitley said that in two and a half days since it opened after the demonetisation announcement, it had done 2.28 crore transactions. âYou can make an estimate that the total banking system would have done about four-five times of that of SBI, which is about Rs 2 lakh crore,â he said. // In his own words 8-10 lakh crore already exchanged out of how much 14l cr? |
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Junior_no1
Hero Username: Junior_no1
Post Number: 16107 Registered: 09-2014 Posted From: 117.249.201.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:51 pm: |
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Saarang:Horrible translation by eenadu
it is an epic paper |
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Sp1234
Side Hero Username: Sp1234
Post Number: 5960 Registered: 11-2014 Posted From: 97.126.53.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:51 pm: |
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Ntr_rocks:
English medium convent pillodiva... akkada matter Telugu lo clear gaaney undhi |
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Sp1234
Side Hero Username: Sp1234
Post Number: 5959 Registered: 11-2014 Posted From: 97.126.53.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:49 pm: |
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Operation success patient dead aa.. black antha white aipoindha already? |
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Saarang
Hero Username: Saarang
Post Number: 14342 Registered: 06-2012 Posted From: 97.126.42.61
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:49 pm: |
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Sp1234: 86% notes are exchanged - Jaitley
Horrible translation by eenadu. He said converting 86% of the notes is a major operation. So, expect hurdles. |
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Ntr_rocks
Legend Username: Ntr_rocks
Post Number: 69380 Registered: 04-2009 Posted From: 107.77.68.51
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:49 pm: |
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Sp1234:where is all the black money Mr Jaitley?
lol...neku govt em chestundo ardam ayinattu ledu |
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Junior_no1
Hero Username: Junior_no1
Post Number: 16106 Registered: 09-2014 Posted From: 117.249.201.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:46 pm: |
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Sp1234:where is all the black money Mr Jaitley?
black box  |
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Sp1234
Side Hero Username: Sp1234
Post Number: 5958 Registered: 11-2014 Posted From: 97.126.53.122
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 13, 2016 - 12:45 pm: |
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Assuming it will be near 100% in next few weeks, where is all the black money Mr Jaitley? http://www.eenadu.net/homeinner.aspx?category=business&item= break24 |