Ramachandra Kabbinahithlu
7 years 3 months ago
I would suggest the following measures to curb BLACKMONEY without any public outcry.
1. No INCOME TAX.
2. Ban high denomination notes above 100.
3. More than 25000 Rupees of CASH transaction is illegal.
4. For every BANK DEPOSITS one has to pay 0.1% TAX (10 PIASA per 100 RUPEES).
5. Encourage Plastic Money/ Bank Transactions by removing all types of charges for these transactions.
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