Upload
chirag-vaghela
View
762
Download
0
Embed Size (px)
Citation preview
IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Corruption will
reduce
1
Before 9/11/2016,
Price = BIG CASH + small amount cheque
So, black-and-white price is highly different from actual Price !After 9/11/2016,
Keep reading to get the answer…
2IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Lot of Black Money
is recovered
3IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
In many industries, overbilling is the basic norm that has generated a lot of black money
Overbilling will reduce
Here, Buyer keeps the black-and-white price Very High as compared to Actual Price. Why?
3IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Overbilling will reduce
To generate lot of Cash upfront to run its operations or to generate profit from Day 0. However, on paper he may show, I am at Loss for a time-period. So, Tax Evasion. And on top of it, Govt offers them subsidy under various schemes. So, Rich gets Richer. Black Money Ruled.
4IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
“Fake notes for these currencies are already known to be circulating in market”
Fake Currency Circulation
will reduce
IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Various kinds of
Investments
may reduce (like
antique buying,
multiple properties,
etc)
5
6IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
“No Black Money” will reduce the buying capacity of land mafias and others.
Property prices may
come down due to
reduced Demand
Here, black-and-white price is kept Very Low
as compared to Actual Price to save Stamp Duty etc
7IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Show Black Money (= Income above Actual Income ), then
Pay TAX on that Black Money + 200% PenaltyDon’t Show Black Money, then
Black Money = 0 (Current Real Value of Rs.500 & Rs. 1000 notes)
How will you pay to your debtors? By converting Black Money to Gold, Buying Refundable Travel / Air tickets, & ??? (Educate us) !
Whether you show Black Money
or not – You are in Trouble !!!
8IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
People used to make Hefty Black Money, then Donate that black money to Temples for forgiveness and for blessings “Whatever I am today is because of you God…”
Donations to Temples etc
may reduce
9IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
"I have sent my son to US for higher studies" - This used to be trend among families with Black Money.
Education Abroad will reduce
10IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
No Black Money,
No Easy Luxury.
Luxury Items buying will reduce
11IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Luxury items was pretty affordable with Black Money. But now these buyers may reduce drastically.
Luxury Items prices may reduce
12IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
One of the major industries to hide black money. Were they using black money instead of cement? We wonder what they would have done on 9/11.
Diamond industry may be
severely impacted
13IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Luxury Gifts will now become Luxury only.
Luxury Gifts or Cash-as-Gift
may reduce
14IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Also known as - Angadia, Hundi, Hawala. It means –
“Money Transfer Without Money Movement”Most businesses use this for Heavy and Quick Cash Transactions in both inter- and intra-country.
Hawala Transactions
may reduce
15IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
When Cash-Transactions will reduce, agents should reduce too.
Brokers/Agents in every
Industry may reduce
16IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Buying Gold with Black Money used to be the best place to Hide Black Money. Difficult to see this trend continuing.
Buying Gold, Silver etc…
may drastically come down
17IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
BIG FAT Marriages / functions have become a trend in India in recent years. More Black Money, More Show-off. Now what?
Lavish Marriages may
reduce significantly
18IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Who would like to give their White Money to others? Raise your hands!!!
“Giving Heavy Cash” during
Marriages may reduce
19IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
“Dad, Can we go to Switzerland & then Paris.” “Sure, Son! We have enough Black Money! Why are you asking this stupid question?”
Let us see if this trend continues.
Luxury Honeymoons may reduce
20IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
“Mom, let us go to that 5-Star hotel for an ice-cream.” “Wait a minute, Son, let me take some cash!”
Interesting to see if this love and pamper continues.
Luxury Dining may reduce
21IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
“Common guys, you are here for a day. Let us celebrate.”
Anyways, what my Dad will do with so much of "black" money?
Taking Friends and Relatives
to parties every now-and-then
may reduce
22IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
When less cash in hand. What will you carry? Credit/Debit Card. Isn’t it obvious?
So, more Cashless based Economy. Reduces corruption.
More Plastic Card
based Economy
23IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
In recent years, you see your neighbour become a Crorepati/Millionaire kind of overnight.
Now this growth may be more timely & systematic.
NO sudden rise in people
wealth
24IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Welcome Investors to
Reduced or No Corruption
Country, India.
Attractive to Foreign Investors
25IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
More Tax Income for Government of India. Are the State Govts become 100% accountable too for utilising TAX Payers money? Hope this Dream becomes Reality too!!! We hope poor people and farmers get their 100% allotted money.
More people will be paying
Taxes
26IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
No Black Money.
Only White money in market.
So, probably less abrupt buying.
Equity markets may be
impacted
27IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Betting with White Money or Black money. Which one will you choose?
All Betting Industries
will be impacted
28IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Less or No Black Money, may reduce the frequency of travelling.
Airline Industry will be impacted
29IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Many people with Black Money prefers to travel in Business Class. You know for more leg space, nice sleep, etc.
Will they still sleep nicely after buying Business Class tickets for whole family with White Money?
Business Class travelling
may severely be impacted
30IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Luxury Car Buying with White money - How many people have you seen doing this? People with black money usually show very less income y-o-y. How will they show multi-folds growth in just a year or so? Let us see.
Automobile Industry
may be impacted
31IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Movie industry
may be impacted
32IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Many advocates demand luxury items BMW etc… while running a case for people with black money. Would their demands still be met in future?
Advocates “black” income
may come down
33IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Fighting over
money may reduce
34IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Buying illicit
drugs may reduce
35IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Construction
materials demand
may go down
36IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
In recent years, building colleges have become a big business in India. Got some black money, create a Charitable trust, open different institutions in name of trusts, esp. colleges and enjoy your life being a “honourable” trustee. Are they really honourable actually?
New Colleges / Hotels
may reduce significantly
37IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Pubs / Bars /
Night Discos
may get
impacted too
38IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
Luxury
spending or
celebrations
during festivals
may reduce
39IMPACT OF BANNING RS. 500 & RS. 1000 NOTE
It should drastically
reduce Extravagant
Spending on
Elections
• Airline Industry
• Travel Industry
• Food Industry
• Real Estate Industry
• Education Industry
• Equity Market
• Automobile Industry
• Movie Industry
So, most industries will be impacted.
Some of them are:
• Betting Industry
• Illicit Drugs Industry
• Construction Material Industry
• Gems and Jewellery Industry
• Textile Industry
• Prostitution Industry
• Pubs / Nightlife Industry
• Hefty Religious Donations
• Recycle Industry
• Scrap Metal Industry
So, most industries will be impacted.
Some of them are:
What do you think:
Will this Banning remove
the Corruption from our
day-to-day life too?
Bye Bye, Black Money !!!
Don’t Forget to Subscribe !!!
Because it’s free, Honey !!!