A sum of 1 crore itself will attract a taxation of near about 25-30 lakhs.. how will 15% suffice? Would that person take such a big risk, for earning what sort of amount?
Re: what_bullshit
by Ashok Kumar on Nov 16, 2016 01:43 AM
What sort of amount?The same sort of amount.15%. That is his cut on 1 crore. working it out it is a good deal.
Using hawala operators and other dubious techniques to convert black money could lay the aam aadmi to blackmail from the underworld. They ought to realize this.
... these money changers who convert unaccounted cash, have their own arrangements, and they operate right behind the RBI building .... and they government is acting as if it is shooting in the dark.
Hi, Appeal to undisclosed money holders. Across india we are hearing, that 1000 and 500 notes are burning it was happen in Berali and in Ap too. Lets make full stop to burning notes. Kindly donate those notes to poorer. Your money may full fill their needs. And say no to 2000/-. The same situation might be chance to arise in future - Hoping for Better India