tweaker Posted September 24, 2017 Author Posted September 24, 2017 Finance Minister Arun Jaitley today said demonetisation was a shake-up which achieved its “principal objectives” of decreasing cash transactions, expanding the tax base and increasing digitisation. Stuge 1
Singh bling Posted September 24, 2017 Posted September 24, 2017 No substantial rise in tax collection in Pune region post-demonetisation http://m.timesofindia.com/city/pune/no-substantial-rise-in-tax-collection-in-pune-region-post-demonetisation/articleshow/60527739.cms
Crookbond Posted September 24, 2017 Posted September 24, 2017 On 9/21/2017 at 2:28 PM, jusarrived said: And you know that how ? I havent seen any Govt statement claiming they would stop terrorism in Kashmir or phase out human trafficking by this move . lol at reasonable tax rate ? all these theories applies for mature economies like US/EU , India is a different animal and your text book method of solving this was never going to work . Quote This is necessitated to tackle counterfeiting Indian banknotes, to effectively nullify black money hoarded in cash and curb funding of terrorism with fake notes. They did. https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=38520 Singh bling 1
dial_100 Posted October 6, 2017 Posted October 6, 2017 #demotaxrats India's most notorious tax rats exposed for the first time on TV. Here are the hard facts on TIMES NOW #DeMoTaxRats pic.twitter.com/yOETrW2BGP— TIMES NOW (@TimesNow) October 6, 2017
chapetmarunga Posted November 9, 2017 Posted November 9, 2017 https://m.timesofindia.com/business/india-business/income-tax-department-cracks-whip-on-benami-assets-seizes-541-properties/articleshow/61556738.cms NEW DELHI: India's tax authorities have begun cracking down on benami assets and those who deposited large amounts of cash in the aftermath of demonetisation but haven't yet filed returns as it intensifies the war against black money. The income tax department has already seized 541 properties and frozen bank accounts holding funds of about Rs 1,800 crore, said a top department official, adding that more action is expected soon. "Big focus would be on benami properties and action on persons who have not filed returns even after their cash deposits during demonetisation were detected," the official said. Some of these are assets belonging to high-profile politicians and their relatives, the official said. The department could soon start auctioning some of these seized assets after due legal process. mishra 1
chapetmarunga Posted November 9, 2017 Posted November 9, 2017 where does this cycle end ? 1) Tax dodgers / corrupt people criticize the govt. for anti-corruption steps. 2) Tax dodgers / corrupt people get caught for dodging taxes / corrupt. 3) They blame the govt for targeting them. You can either: 1) Pray the govt. is doing the the right thing & not just targetting the opposition. 2) Trust the corrupt people to stop being corrupt. mishra 1
Stuge Posted November 9, 2017 Posted November 9, 2017 On 9/24/2017 at 8:10 AM, tweaker said: Finance Minister Arun Jaitley today said demonetisation was a shake-up which achieved its “principal objectives” of decreasing cash transactions, expanding the tax base and increasing digitisation. Shake shake :D
someone Posted November 9, 2017 Posted November 9, 2017 It's a successful 1 year, and it's only going to get more successful. The latter part is the key. Look at foreign countries, even a 5 year old bank transaction can sometimes be inquired by the government. It's gonna be the same case here as well. A huge data and profiling is being done.
dial_100 Posted November 9, 2017 Posted November 9, 2017 ^ yup. It is not over yet. They have to answer for the money they have deposited.
Singh bling Posted February 20, 2018 Posted February 20, 2018 How NiMo trumped NaMo’s demonetisation, reveals CNN-News18 https://www.nationalheraldindia.com/national/cnn-news18-expose-reveals-how-nimo-mocked-namos-demonetisation-reform
Trichromatic Posted February 20, 2018 Posted February 20, 2018 20 minutes ago, Singh bling said: How NiMo trumped NaMo’s demonetisation, reveals CNN-News18 https://www.nationalheraldindia.com/national/cnn-news18-expose-reveals-how-nimo-mocked-namos-demonetisation-reform Yeah, all this along with our cook and maids asking for cash for days and we had to tell them just to wait. DeMo was biggest blunder by Modi Govt.
FischerTal Posted February 20, 2018 Posted February 20, 2018 (edited) 10 hours ago, Trichromatic said: Yeah, all this along with our cook and maids asking for cash for days and we had to tell them just to wait. DeMo was biggest blunder by Modi Govt. not because of Modi, but indian mentality. theres no such thing as nationalism except for jawans guarding border. everyone else looks after their own Edited February 20, 2018 by FischerTal
someone Posted February 22, 2018 Posted February 22, 2018 On 2/20/2018 at 9:32 PM, Trichromatic said: Yeah, all this along with our cook and maids asking for cash for days and we had to tell them just to wait. DeMo was biggest blunder by Modi Govt. Let's disagree. It brought in a reality check in many ways, whether to informal economy, banking loopholes, corrupt babus. The benefits of DeMo will only be enhanced in future. dial_100 1
Trichromatic Posted February 22, 2018 Posted February 22, 2018 3 minutes ago, someone said: Let's disagree. It brought in a reality check in many ways, whether to informal economy, banking loopholes, corrupt babus. The benefits of DeMo will only be enhanced in future. Hoping for that.
dial_100 Posted February 22, 2018 Posted February 22, 2018 (edited) 8 hours ago, someone said: Let's disagree. It brought in a reality check in many ways, whether to informal economy, banking loopholes, corrupt babus. The benefits of DeMo will only be enhanced in future. I have no doubt about this. It was one of the boldest and the best decisions any govt has ever taken. Edited February 22, 2018 by dial_100
Singh bling Posted February 23, 2018 Posted February 23, 2018 Currency circulation in India at 99% of pre-demonetisation level: RBI data http://www.livemint.com/Industry/1iuLUAhTgt0FgVnouESRBI/Currency-in-circulation-at-99-of-pre-demonetisation-level.html
beetle Posted February 23, 2018 Posted February 23, 2018 On 20/02/2018 at 6:39 PM, Singh bling said: How NiMo trumped NaMo’s demonetisation, reveals CNN-News18 https://www.nationalheraldindia.com/national/cnn-news18-expose-reveals-how-nimo-mocked-namos-demonetisation-reform If they don't get this ass$%^& back and put him in jail for good... PM modi is going to find it tough and rightly so. There have to be big shots involved. All of them need to be caught and punished ...nahi to PM ji will go back to gujrat. Can't let something like this happen and get away with it.
Singh bling Posted February 23, 2018 Posted February 23, 2018 25 minutes ago, beetle said: If they don't get this ass$%^& back and put him in jail for good... PM modi is going to find it tough and rightly so. There have to be big shots involved. All of them need to be caught and punished ...nahi to PM ji will go back to gujrat. Can't let something like this happen and get away with it. IT department has the data of what Nirav was doing during Demo , yet they did nothing and why they did nothing we all know the answer
chewy Posted February 28, 2018 Posted February 28, 2018 gdp comes in at 7.2% annualised rate, highest in world for large economies still waiting for that crash
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