500 and 1000 rupees notes were banned recently. How is it helpful for indian economy?
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500 and 1000 rs notes r banned recently it was the dicision of narendra modi prime minister of our country india it wad helpful for indian economy bcz it banned after this many blackmoney came in front of government it is somewhere not suitable for our daily routene but its a very nice dicision all people who keep black money they r in tentain of money and i think after this insult they cant keep black money
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I think that demonetisation will help to curb the financial malpractices in the country.
This include money for which tax is not paid or in other words , black money.
It is believed that a considerable amount of black money is stored in denominations of 500 and 1000.
Hence , by making it invalid , users will be forced to get rid of them.
This will also help the government to find out the sources of black money circulating in the country.
This include money for which tax is not paid or in other words , black money.
It is believed that a considerable amount of black money is stored in denominations of 500 and 1000.
Hence , by making it invalid , users will be forced to get rid of them.
This will also help the government to find out the sources of black money circulating in the country.
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