Pity!!!!!Yes that's a very good thing so that no other parties will have any black money except for BJP & they will continue with their monopoly & stupid propaganda to make modi a god. Youtube is filled with such crap.
Apple is from USA & india is not even near to that country thus comparisons should be fair. I think BJP (powered by reliance) took this step mainly to recover the money they had spent for advertising the pm & his party.
There is no suitable jobs or shortage of jobs, Rupee value falling so low, food prices going high, property prices are so high, dalal (mad*%*ots) saying lakhs & crores as if its just 100-200 rs. wtf is this? is this acche din?
Sitting at your own home having income more than 7L/annum & making comments is very easy. Go to streets see.
Most of the real black money people will seldom get affected by this move. Many major black money people already got informed about this a week before & removed it to some safe location. Also almost everyone of us knows they put most of their monies invested in somewhere else or at foreign banks.
Independence ka mazzak bana ke rakha hai.
I think BJP (powered by reliance) took this step mainly to recover the money they had spent for advertising the pm & his party.
Modi Govt is going to introduce Electronic Property PassBook(EPPB)
where it comes into effect from March,2017.
According to it only 8% of black money is in actual circulation or hidden in private vaults in India.
The remaining 92% is either in Real Estate or Gold ornaments.
Solution: By implementing EPPB, where everybody who has any property/ties has to register/enroll their properties from March,2017 to March,2018.
Within this year, if anybody does not enroll their property in the EPPB, after which anybody's unrenrolled property deems to become Govt of India property.
Likewise, all gold assets needs to be registered which will be implemented by enforcing another rule/act later in 2017.
After Jan,2017 the withdrawal limit for anybody is only 1lakh until the govt thinks it is necessary to withdraw such a limit.
But any amount can be deposited.
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Source of the news is my wifey.Sounds reasonable to me. But there's only one BiG problem ... do people everywhere are educated enough. There are still areas where using a cell phone is a fantasy and getting job daily is another one. Hope govt. will reach out to such people with it's helping hand to educate them enough about technology.
BTW, you forgot to mention the source of your news