Tuesday, 15 November 2016

Black Money in India

PM Modi has taken a Historical Decision to de-legalise Rs 500 and Rs 1000 bank notes. Since then It has become a major concern for Black Money Holders to get it converted into White Money. One of the Popular News Paper report tells us funny but logical thing : “One of the reasons why tax evaders and corrupt public officials prefer not to stash cash could be the sheer logistics of it. Rs 1 crore in Rs 1,000 notes, if stashed evenly, occupies one square foot and weighs 13 kg. Rs 100 crore would weigh 1.3 tonnes and occupy an area the size of a three-wheeler goods carrier, making the movement of cash without detection difficult.”

So is it the time when India will come to know about the List of "Black Money Holders" ? So is it the time when India will see Corrupt Officers & Politicians?

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