Money does not bear any color, it has its own power is used. Black money is generated due to temptation of saving taxes due to impractical laws of the country. But we are concerned with corrupt money which normally is with politicians and govt. servants. They do not make any effort rather snatch money from public. Their act is criminal and to be hanged first. But Govt. in order to save them, first catch public and no one such criminal is punished.
Any transaction above 5k or 10k should be thru cheques or e payment only. There will be lot of opposition saying small time businessmen will be affected. But we should understand that it is necessary to plug all the holes for the corrupt !!
Re: Computerisation will end corruption !!
by arungopal agarwal on Oct 08, 2012 10:39 AM
Impractical, today value of as per govt. Rs.70 is equal to Rs.1 of 1950 standard. As such any transaction upto Rs.1 lac must be free from all restrictions.
Re: Re: Computerisation will end corruption !!
by living dead on Oct 08, 2012 10:50 AM
Nothing is impractical. Why should not we make it compulsary. One lakh, even today, is a huge amount.
