Increased reports of scrupulous activities like increased donation to political parties to legalize black money after the demonetization move by Indian Govt. has again raised a question on the effectiveness of the move. While the common people are forced to stop all their regular activities and stand in ques, either in banks of in ATMs, the rich and black money holders are finding new ways to exchange their illegal money, which have reinforced the fact that in a democracy like India, it is the commoners, who are always the sufferers.
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Tax adviser in India
Once again a, brilliant post. I have been watching this blog from quite a good time.
Thanks for sharing another sooper post.
Chartered accountant in India
Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change of national currency.
Dear PM took a great step towards to stop corruption and black money.
Thank to you for such an informative post.
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Tax consultant in India