hundred and thousands notes word demonetized recently how for the for Indian economy in your opinion
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500&1000 notes have demonized recently due to this black money will decrease and the people who black money will loss and due to this the Indian currency value increases
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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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