| Author | Message | ||
Kkd Legend Username: Kkd Post Number: 31613 Registered: 02-2008 Posted From: 103.10.109.129 Rating: N/A |
sit tight for 2 weeks....rather than speculate/believe in dubious media theories and articles... LOL Bottomline if it is your legitimate money....nothing will happen to you. | ||
Bluelagoon Hero Username: Bluelagoon Post Number: 13108 Registered: 12-2013 Posted From: 49.207.4.224 Rating: N/A |
endhuku naakesthadhi UNACCOUNTED MONEY unan vallaki debba ayina aa unacounted money antha tax egadobbi smaayinchindhi ee gaa unna money lo 50% tax ayiteh endhuku naakestharu asets ammi emi tax kata manatam ledhu gaa | ||
Kadapanagfan Legend Username: Kadapanagfan Post Number: 73552 Registered: 12-2006 Posted From: 159.53.46.142 Rating: N/A |
Midddle class poortiga nakeystadi | ||
Bluelagoon Hero Username: Bluelagoon Post Number: 13107 Registered: 12-2013 Posted From: 49.207.4.224 Rating: N/A |
ipuud latest echeme kindha 50% fine and 25% withhold cesiddhi gov for 4 years . so say all 14 lakh crore deposited then 6 lkah cr might be black money i.e UNACCOUNTED MONEY then it is 50% fine on 6 lkah crore so average 25% tax avuthundhi kadha on 12 lakh cr | ||
Masularex Side Hero Username: Masularex Post Number: 6298 Registered: 05-2010 Posted From: 106.220.2.152 Rating: N/A |
note bank ki raapothe black ayipodda ? ippatidhaaka deposited money antha black yenaa ? vornayaanoo yentidi ? all money is black unless proved otherwise ? yem dhed dimaak concept saami idi ? shaavkar intlo koncham glass evado kotteste patel vacchi ullo andarni lonesaad anta.. meeru dongathanam cheyaledani prove chesunte vadilesta annatta... maa goppa patel ! | ||
Filmbuff Side Hero Username: Filmbuff Post Number: 8487 Registered: 11-2011 Posted From: 182.71.135.30 Rating: |
Anagananga oka roju.. | ||
Kadapafan Megastar Username: Kadapafan Post Number: 20578 Registered: 01-2008 Posted From: 89.253.109.246 Rating: N/A |
alaa cheppinodu top most economistaa vammo.. | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8886 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
so..summary is, all 14lac cr is unaccounted so far.. and suddenly, 14lac cr income is brought under top bracket IT net. true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8885 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
withdrawing in cash is also my right. true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Kadapafan Megastar Username: Kadapafan Post Number: 20577 Registered: 01-2008 Posted From: 89.253.109.246 Rating: N/A |
if they print only 20% govt will collapse in no time | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6633 Registered: 10-2014 Posted From: 198.203.181.181 Rating: N/A |
BTW akakda chebuthundhi mottam 14 lakhs cr deposit ayinaa most of the money blackmoney kindha 25% tax ruperal loo forukuthundhi ani. ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6632 Registered: 10-2014 Posted From: 198.203.181.181 Rating: N/A |
adi nee report or naa report kaadhu RBI report and intelligent report. so nammali. ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Kkd Legend Username: Kkd Post Number: 31607 Registered: 02-2008 Posted From: 103.10.109.129 Rating: N/A |
who is taking away your fundamental right...you can still withdraw as much as you like via Cards/Transfer/Check/DD etc....limit is only on CASH. | ||
Filmbuff Side Hero Username: Filmbuff Post Number: 8486 Registered: 11-2011 Posted From: 182.71.135.30 Rating: |
  What kind of math is that? Hathavidhi.. At best 1-2 lakhs crores out of the 16 lakh crores might not come back...meeremo ekamga 60%, 70% ani lekkalu vesukuntunnaru... | ||
Lenin Hero Username: Lenin Post Number: 10662 Registered: 08-2014 Posted From: 118.102.71.26 Rating: N/A |
People talking about cashless economy must be living on the equator of fool's paradise...hard to get them out S.Gurumurthy better be a chartered accountant...don't cut into the matters of macro economy aina Parivar pempudu kukka ala gaka ela matladatadu avi memu vinali...velli Karat matalu kooda vinandi aithe Guntur, Hyderabad, Andhra, Telagana, Tamilnadu, Karnataka first....India last!!! | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8881 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
which Intelligence report>? 50% of what is blackmoney? bro.. what makes u think that, 80% of cash in rotation is unaccounted.? and u will receive 3lac cr extra Income Tax, over and above normal growth of IT? are these numbers making sense at all? already 60% of cash came back to banks. true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6631 Registered: 10-2014 Posted From: 73.228.223.151 Rating: N/A |
ippudu tax laa prakaram anounce cheyakapothee enth tax paduthundhi? as per intelligent report 50% balck money. as per RBI report 2/3 printed 1k notes never come to banks and 1/3 printed 500 rs note not come to bank. so all lekka Black money entha vuntundhi? As per new IT law undisclosed money vese tax batti 25% money kudaa tax kindhaki radhaa? ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Kadapanagfan Legend Username: Kadapanagfan Post Number: 73542 Registered: 12-2006 Posted From: 159.53.46.142 Rating: N/A |
24k limit alaney untey normal people will die andi die | ||
Filmbuff Side Hero Username: Filmbuff Post Number: 8485 Registered: 11-2011 Posted From: 182.71.135.30 Rating: N/A |
Too many ifs and buts, depends on how much money comes back into the system, GDP hits etc..no guarantee to anything as of now... In fact yesterday the govt/ RBI requested many retailers and shops to deposit their daily collections to the banks as retailers are hoarding onto their daily collections and banks are struggling with liquidity. March daka aithe, just conserve cash, antha kante chesedhi emi ledhu... | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8879 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
ee tuglak gadi yavvaram, pichodi cheti lo rayi laga undi. ethical ga aithe, anytime its my fundamental right to withdraw my legitimate money. aa pain, devude dikku. true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6630 Registered: 10-2014 Posted From: 73.228.223.151 Rating: N/A |
I feel cash transactions ki limit pedthaadu like 1 lak or 50K etc. anything more than that we need to go thru cashless. ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8878 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
12lac cr deposit avutundi anukundam. adi antha black money ani decide chesava... dani meeda, 25% income tax vastada.... so, he is saying almost 80% of cash in rotation is blackmoney and all that money attracts top bracket income tax... should i even argue this point? true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Kadapanagfan Legend Username: Kadapanagfan Post Number: 73540 Registered: 12-2006 Posted From: 159.53.78.143 Rating: N/A |
1 small doubt After 6 months mundu laaaa dabbbbu yenthaina teesukovacha leka ippati laaaa 24k per week anthey na??? | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8877 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
i'm replying to this one line alone. everyone knows the time required to replace currency notes. question is whether printing is already done or yet to be done? and whether govt is giving right information or not.. nuvvu lets see ante, it seems u bought into govt argument. true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6628 Registered: 10-2014 Posted From: 73.228.223.151 Rating: N/A |
so antha kudaa blackmoney ledhu antavaa? ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6626 Registered: 10-2014 Posted From: 73.228.223.151 Rating: N/A |
I strongly feel it will take 4-5 months for normal cash liquidity. In fact I open a thread on same on 15th etc after hearing mint news and Initial Chidambaram Rajya Sabha TV interview. calculated the numbers same. ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8876 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
i watched the video.. pragmatism missing. 12lac cr deposit aithe, andulo atleast 25% IncomeTax vastadi anta.. LOL true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6625 Registered: 10-2014 Posted From: 73.228.223.151 Rating: N/A |
whoever feeling current step of Govt wrong, please take some time and follow the video. Very good info. ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8875 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
em babu. vadu cheppe sollu endi. kalla mundu kanapadtundi artham kavadam leda.. circulation of 500 is need of the hr. adi ledu ante, either they are in short supply. or govt is fool not to release 500 notes. true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6624 Registered: 10-2014 Posted From: 73.228.223.151 Rating: N/A |
it is arguable. we have a peculiar NBFC systems that will reach any bottom of the pyrmid sector or even higher. If they implement cashless properly or cash less + cash which can manage 10 lakhs cr circulation then we are good from Jan 1st. Banks no need to lend money to all sectors people and worry for man power and NPAs. Banks will lend to NBFC and NBFC will lend to ppl very effectively. thanks NBFCs NPAs also very very low. ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8874 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
http://timesofindia.indiatimes.com/business/india-business/I ndias-currency-GDP-ratio-highest-among-BRICS-nations/article show/55576351.cms
this idea itself is so flawed. implementation is just highlighting the shortterm pains. long terms impact of GDP contraction and its effects are yet to be felt. true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Filmbuff Side Hero Username: Filmbuff Post Number: 8484 Registered: 11-2011 Posted From: 182.71.135.30 Rating: N/A |
Japan - 16% Switzerland - 11% Russia - 9% Indonesia - 5% There are developed countries with higher cash too...that is statistics. That being said, how big is the difference that such a drastic measure is needed. | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6623 Registered: 10-2014 Posted From: 73.228.223.151 Rating: N/A |
Unless govt already printed cash, cash liquidity issue will be there at least for 4-5 months. But govt is saying we have enough cash. Lets see. ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8873 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
everyone including congress agrees with the objective. but, collateral damage caused dont justify the method and its implementation. true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6622 Registered: 10-2014 Posted From: 73.228.223.151 Rating: N/A |
Please see video from 25:30. He covered many aspects that others not. a Must watch video. https://www.youtube.com/watch?v=ZEnAz6F9HIo ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Santhi_swaroop Side Hero Username: Santhi_swaroop Post Number: 6621 Registered: 10-2014 Posted From: 73.228.223.151 Rating: N/A |
correct we used to have cash 12% of GDP. as per S Gurumurthy we may need to have 6-7% of GDP to maintain indian economy. that is around total 9-10 lakshs cores cash currency. earlier before demonetization we used to have 18 lakhs cr worth currency. ee Santhi_Swaroop flash back loo Paga_Babai_Paga | ||
Boston_baba Side Hero Username: Boston_baba Post Number: 8872 Registered: 07-2012 Posted From: 192.55.79.168 Rating: N/A |
wrong.. our cash to gdp ratio is 12%, developed nations cash/gdp ratio is less than 4% idea is to bring down cash/gdp to that 4%. but, as long as demand for currency is there, slowly, rbi/govt has to yield and print as much currency as required. this onway traffic of deposits and weekly/daily withdrawl limits has to go someday. true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/ http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece 1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP. | ||
Junior_no1 Hero Username: Junior_no1 Post Number: 16580 Registered: 09-2014 Posted From: 117.219.211.185 Rating: N/A |
jittu use ledi geeyinseskuntama j/k btw oka 5k cash aithey carry sesthanu but position telusukotamlo thappu leduga Kotha Bangaru Lokam Vachestondhi!!!!!!!!Nammesam | ||
Filmbuff Side Hero Username: Filmbuff Post Number: 8483 Registered: 11-2011 Posted From: 182.71.135.30 Rating: N/A |
Nonsensical - your assumption is that people are just going to deposit their cash and not withdraw it...your argument that the data bears it out again is illogical, as people are not able to withdraw...let the withdrawals be opened up and then see the amount of withdrawals. If you read the accompanying Mint article, you will see the more recent numbers of deposits...at best there might be 1-2 lakhs of black money rooted out, which is not worth losing 1-2% of GDP for 2 quarters. | ||
Theaviator Comedian Username: Theaviator Post Number: 1773 Registered: 07-2014 Posted From: 183.82.42.130 Rating: N/A |
100s and 50 note denominations kuda press accommodate cheyali.. may take beyond 9 months | ||
Filmbuff Side Hero Username: Filmbuff Post Number: 8482 Registered: 11-2011 Posted From: 182.71.135.30 Rating: |
Try at the airport if possible, no point wasting time at ATMs and banks. Money dorakatam aithe impossible. You might get Rs2000s, but what use is that | ||
Bushu Hero Username: Bushu Post Number: 13274 Registered: 04-2009 Posted From: 173.76.247.32 Rating: N/A |
Some math that a friend put together: There was approx 16 lakh crore worth of 500/1000 notes out in the open earlier. Approx 33000 crore were exchanged as of Dec 18, which is 2% of the earlier float. 14% of the original cash float was Rs. 100 or lower denominations. During the same time (Nov 10-18), Rs.5.5 lakh crore has been deposited, or approx $82 billion, or approx 33% of the total value of Rs.500 and 1000 out earlier, and Rs.33K crore (2% of total original float exchanged or withdrawn. By the time all that cash is deposited back in the system, there will be approx Rs.1 lakh crore in 500s and 2000s (and smaller denominations) out. That's an ~80% reduction in cash float in the system. You can nitpick the exact number, but the actual idea is quite straightforward and the data so far bears it out that approx 3/4ths of the previous cash by value will be out of circulation . | ||
Vjawarrior Megastar Username: Vjawarrior Post Number: 27009 Registered: 02-2014 Posted From: 153.2.247.34 Rating: N/A |
endi vaa nuvvu...oka roju blore, inko roju vizag, inko dinam hyd, inko dinam kodaikanal...ippudu delhi...asal evar nuvvu | ||
Bushu Hero Username: Bushu Post Number: 13273 Registered: 04-2009 Posted From: 173.76.247.32 Rating: N/A |
that was just some rough math. but this assumption that they will replace exact same number of notes is dumb. that defeats the whole purpose. complete cash-less is impossible, everyone knows that. the effort is to reduce it as much as one can, at least for daily purposes. most advanced countries, people don't use as much cash as they do in India. It obviously exists but not circulated. I rarely do a cash transaction in months sometimes, in the US. | ||
Junior_no1 Hero Username: Junior_no1 Post Number: 16578 Registered: 09-2014 Posted From: 117.219.211.185 Rating: N/A |
vunkle delhi position eti ade ATM and banks about withdrawl,next week trip vundi Kotha Bangaru Lokam Vachestondhi!!!!!!!!Nammesam | ||
Filmbuff Side Hero Username: Filmbuff Post Number: 8481 Registered: 11-2011 Posted From: 182.71.135.30 Rating: |
Where did you get the 20% from btw, and do you guys sincerely believe that we will become cashless....do you know that many developed countries use even more cash than us as a part of GDP....to assume that we will become remove cash of 80% is just foolhardiness.. | ||
Emc2 Legend Username: Emc2 Post Number: 51870 Registered: 03-2008 Posted From: 173.66.111.159 Rating: N/A |
Unkl nee lekka theda koduthundi Re check | ||
Bushu Hero Username: Bushu Post Number: 13270 Registered: 04-2009 Posted From: 173.76.247.32 Rating: N/A |
Why do you think they will need to reprint the exact same number of notes? Not more than 20% of the original float will be printed. that was the whole point anyway. | ||
Filmbuff Side Hero Username: Filmbuff Post Number: 8480 Registered: 11-2011 Posted From: 182.71.135.30 Rating: N/A |
http://www.livemint.com/Industry/rUtAgBFt9TuqhSDxcVulyJ/RBI- pressed-into-service-to-ease-Rs500-note-shortage.html RBI presses to print - 1 bn per month - 100 crores * 500 = 50000 crores per month Nashik and Dewas are printing - 50 lakhs per day, which means 15 crores a month * * 500 = Rs7500 crores per month So total is around Rs57500 cr/ month At the end of March, there were 15.7 billion Rs500 notes (amounting to Rs7.85 trillion) in circulation. I am even scared to do the math of how long it takes to get the Rs500 backs in circulation. But garnering some courage, 785000/ 57500 = 13 months... Assuming all money does not come back and a bunch might move to Rs2000s, it is going to be atleast 5-6 months before there is enough money back in the system. Ikkademo, adhigo Rs500, idhigo Rs500 ani sampesthonnaru.. Realising the magnitude of the engineered crisis, the govt. is trying to shift the discussion to cashless, digital etc. |
