#BlackMoney #FinanceMinister #ArunJaitley #B
Accumulation of Black money by certain section of corrupt people in india which has always been a big headache to India is chiefly facilitated in connivance with corrupt politicians, ministers, bureaucrats and government contractors. It is believed that enough cash has not come into banks after the announcement of demonetization. That's the very reason Indian govt has extended easement to black money accumulators. It must not be forgotten that these are the very culprits who run parallel unaccounted money transactions to avoid taxes and undermine the nation's economy ceaselessly.
In latest announcement made today by Arun Jaitley, Knowing the fact that the people are illegally taking help from various sources to convert their black money into new currency on commission basis and some even with the help of bank officials as has been reported, has offered relief to black money hoarders to come forward on their own and declare it voluntarily. If they do so the govt would levy only 50% tax on it and from the other half the govt would spend 25% in bonds etc and would not pay interest to that person. Thus he would be allowed to use 25% of his wealth.
It is the Chine, not India that hangs govt officers and railway minister to death for corruption that reflects a lot about us and how serious our governments are fighting corruption merely in words not in actions!
NO PUNISHMENT FOR BLACK MONEY HOARDERS IN INDIA...
In latest announcement made today by Arun Jaitley, Knowing the fact that the people are illegally taking help from various sources to convert their black money into new currency on commission basis and some even with the help of bank officials as has been reported, has offered relief to black money hoarders to come forward on their own and declare it voluntarily. If they do so the govt would levy only 50% tax on it and from the other half the govt would spend 25% in bonds etc and would not pay interest to that person. Thus he would be allowed to use 25% of his wealth.
What about severe punishment for their organised crimes?
There is none for these economic terrorists who have been attacking Indian economy for decades and decades. They are no less than terrorists. Hoarding black money doesn't seem to be a serious crime in India that is probably the reason there is no punishment announced for them. This government deserves salute for helping these criminals come out safely whereas on the other side a small thief lands up spending years in prison in this country and in some cases innocents for that matter.
Wow! What an incredible India! No punishment for Big crime and Big punishment for petty crime! What a brilliant and historic piece of justice delivered by the financial soldier of PM, Modi!
It is the Chine, not India that hangs govt officers and railway minister to death for corruption that reflects a lot about us and how serious our governments are fighting corruption merely in words not in actions!
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