500 n 1000 rupees notes wete demonetized recently how far is dis helpful for indian economy?
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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.
Answered by
1
the route for the mountains at midnight on November 8 the moon in to curb black money in the financial system black money is one of the factors holding back the economy
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