Jump to content

genuine replies and no half knowledge guys here pls pls


allu_potato

Recommended Posts

The biggest advantage is that if not all but majority of transactions will be recorded. 

A recorded transaction in a country like in India where there is no data available because of cash economy, results in some amazing decisions to be taken by the government in the future.

I don't care about black or white money as long as it goes through financial channel and after demonetization, majority of the cash will bein the bank thus makingbanks access to raie cheap capital and distribute cheaper loans resulting in reducing prime lending rates. 

Once can expect monstrous interest rates to be cut by 5-10% in the immediate future and by 20-30% dependig on the performance of economy in the longer run.

More cash in the central system helps government to spend more on public infrastructure resulting in more state spending on infrastructure. The need of the hour is cheaper money to be spent on infrastructure. 

With recorded trasactions, tax evasion will come gradually and tax returns increases by a massive fold. Only 5% Indians pay direct taxes and this rate might increase to 30-40%. A massive increase in tax collections means massive public spending.

All the honest  tax payers will be rewarded. Tax bracket might be increased from present 2.5 lakhs to 4 lakhs and tax slabs may be reduced.

Filing if tax returns by everyone will now become mandatory and this helps citizens to honestly and correctly file their income tax returns as this willbe tied to various financial organisations and it will be considered anytime if you avail loans froms the banks. 

More transaparency in public income will give banks and financial organisation to tap into more and more who never been included in financial system and also gives banks a good idea about individual's financial capacity and offer loans without any collateral hence by reducing non performing assests to the bank and oppurtunity for financial inclusion of the people who never never had access to the banking facilities.

The gains are in long term and they are massive. It is changing the way we used to live and the way we wanted to live. eradication of a parallel economy and gaining good data of the money present in the system.

Link to comment
Share on other sites

Just now, MRI said:

enni rojulaki bro.. akkada emi digatledu land rates taggara..

It will take some time bro. Konni months varaku no one will sell for less rates. But they cant wait for long times.

Link to comment
Share on other sites

2 minutes ago, Android_Halwa said:

The biggest advantage is that if not all but majority of transactions will be recorded. 

A recorded transaction in a country like in India where there is no data available because of cash economy, results in some amazing decisions to be taken by the government in the future.

I don't care about black or white money as long as it goes through financial channel and after demonetization, majority of the cash will bein the bank thus makingbanks access to raie cheap capital and distribute cheaper loans resulting in reducing prime lending rates. 

Once can expect monstrous interest rates to be cut by 5-10% in the immediate future and by 20-30% dependig on the performance of economy in the longer run.

More cash in the central system helps government to spend more on public infrastructure resulting in more state spending on infrastructure. The need of the hour is cheaper money to be spent on infrastructure. 

With recorded trasactions, tax evasion will come gradually and tax returns increases by a massive fold. Only 5% Indians pay direct taxes and this rate might increase to 30-40%. A massive increase in tax collections means massive public spending.

All the honest  tax payers will be rewarded. Tax bracket might be increased from present 2.5 lakhs to 4 lakhs and tax slabs may be reduced.

Filing if tax returns by everyone will now become mandatory and this helps citizens to honestly and correctly file their income tax returns as this willbe tied to various financial organisations and it will be considered anytime if you avail loans froms the banks. 

More transaparency in public income will give banks and financial organisation to tap into more and more who never been included in financial system and also gives banks a good idea about individual's financial capacity and offer loans without any collateral hence by reducing non performing assests to the bank and oppurtunity for financial inclusion of the people who never never had access to the banking facilities.

The gains are in long term and they are massive. It is changing the way we used to live and the way we wanted to live. eradication of a parallel economy and gaining good data of the money present in the system.

Gp

Link to comment
Share on other sites

4 minutes ago, Android_Halwa said:

The biggest advantage is that if not all but majority of transactions will be recorded. 

A recorded transaction in a country like in India where there is no data available because of cash economy, results in some amazing decisions to be taken by the government in the future.

I don't care about black or white money as long as it goes through financial channel and after demonetization, majority of the cash will bein the bank thus makingbanks access to raie cheap capital and distribute cheaper loans resulting in reducing prime lending rates. 

Once can expect monstrous interest rates to be cut by 5-10% in the immediate future and by 20-30% dependig on the performance of economy in the longer run.

More cash in the central system helps government to spend more on public infrastructure resulting in more state spending on infrastructure. The need of the hour is cheaper money to be spent on infrastructure. 

With recorded trasactions, tax evasion will come gradually and tax returns increases by a massive fold. Only 5% Indians pay direct taxes and this rate might increase to 30-40%. A massive increase in tax collections means massive public spending.

All the honest  tax payers will be rewarded. Tax bracket might be increased from present 2.5 lakhs to 4 lakhs and tax slabs may be reduced.

Filing if tax returns by everyone will now become mandatory and this helps citizens to honestly and correctly file their income tax returns as this willbe tied to various financial organisations and it will be considered anytime if you avail loans froms the banks. 

More transaparency in public income will give banks and financial organisation to tap into more and more who never been included in financial system and also gives banks a good idea about individual's financial capacity and offer loans without any collateral hence by reducing non performing assests to the bank and oppurtunity for financial inclusion of the people who never never had access to the banking facilities.

The gains are in long term and they are massive. It is changing the way we used to live and the way we wanted to live. eradication of a parallel economy and gaining good data of the money present in the system.

GP

Link to comment
Share on other sites

Evado eddi na koduku bhumula dharalu tagaledu inka ani adiginadu...picha na fruit ga...ae..amaravati lo enni acres kondam ani...public ni munchi dobbe fruit gallara...rates taggithe kondam ani...mee erri black gallara..mee kosame petinaru ra demonetization scheme ni..

konu..poi konu..kakruthi moddalara..konukorri poi...addamga dorikipotaru...

half brain badcowgallu..

 

Link to comment
Share on other sites

17 minutes ago, Android_Halwa said:

Evado eddi na koduku bhumula dharalu tagaledu inka ani adiginadu...picha na fruit ga...ae..amaravati lo enni acres kondam ani...public ni munchi dobbe fruit gallara...rates taggithe kondam ani...mee erri black gallara..mee kosame petinaru ra demonetization scheme ni..

konu..poi konu..kakruthi moddalara..konukorri poi...addamga dorikipotaru...

half brain badcowgallu..

 

Gussa avvaku bro. Edo info kosam adigi vuntaaru.

Only luxury range category vi thagguthayee prices. Middle class range properties ki always demand vuntadi.

Link to comment
Share on other sites

asalu evadu ra meeku chepindi demonetization tho gold rates padipotayi ani...land rates padipotayi ani chepindi...

poni..evado chepindu...meeku amatram burra leda ra..okasari alochinchandi..how can you expect a drastic fall in land prices and gold prices overnight or in short term ?

annam tintunnava..gaddi tintunava ? sadukunava asalu ? 

intha howlagallu vuntara bhai ? sare..anuko..rates taginayi..gold rates taginayi...aithe emi chesthav..poi konkuntava ? when you know for sure that gold rates are going down, which fool on earth will buy gold ? when you know for sure that land prices are going down, which fool in amaravati will buy land ? and which fool will sell ?

burralu vunnaya...dobbinaya..ooru na kodukulara..

thread started papam, manchi manasutho munde chepindu....no half knowledge please ani....aina kuda vachesinaru eddo badcow gallu gold and land konukundam ani....

Isotollakosam chandrababu amaravati kadutundu...papam amaravati edichi sastadi

Link to comment
Share on other sites

6 minutes ago, Android_Halwa said:

asalu evadu ra meeku chepindi demonetization tho gold rates padipotayi ani...land rates padipotayi ani chepindi...

poni..evado chepindu...meeku amatram burra leda ra..okasari alochinchandi..how can you expect a drastic fall in land prices and gold prices overnight or in short term ?

annam tintunnava..gaddi tintunava ? sadukunava asalu ? 

intha howlagallu vuntara bhai ? sare..anuko..rates taginayi..gold rates taginayi...aithe emi chesthav..poi konkuntava ? when you know for sure that gold rates are going down, which fool on earth will buy gold ? when you know for sure that land prices are going down, which fool in amaravati will buy land ? and which fool will sell ?

burralu vunnaya...dobbinaya..ooru na kodukulara..

thread started papam, manchi manasutho munde chepindu....no half knowledge please ani....aina kuda vachesinaru eddo badcow gallu gold and land konukundam ani....

Isotollakosam chandrababu amaravati kadutundu...papam amaravati edichi sastadi

Greed bhayya. Em seyyalem. Emi leni amaravathi lo already developed ina hyderabad kantey ekkuva rates petti konnaru.

Link to comment
Share on other sites

Main objective of Demonetization is to eradicate a parallel economy in unorganized sector and bring the cash rotation into a recorded transaction model so that things like corruption, tax evasion etc can be controlled to greater extent and make the economy stronger by inducing enough available capital into public spending. 

India plans its anual budget on $3 trillion. But the parallel economy has more than that amount of money which the governemnt cannot do any planning or spending.

Just two years from now, just watch out for annual budget and puiblic spending. One will realise the effect of demonetization.

Defence, we have a budget of 40 billion dollars, and we can expect it to grow by another 20 biullion to 60 billion dollars and most of this amount would be spent in india itself.

Health care has about 2 billion dollars...we can see healthcare improve by spending few more billion dollars on health infrastructure.

Banking..one can expect a bank facility for every 2000 population in the entire India as against 50,000 people for now.

rural infrastructure and public infrastructure will see a huge take of. thanks to cheaper capital available now and all this will be in public private partnership model

Agri based and agri finished products, food processing, so many things will get atake off. 

These are just a part of long term gain. People who think of gold rates not coming down or land rates not coming down because of demonetization, You look look out for countries like pakistan or other underdeveloped countries where you can buy land and gold for cheap. India doesnt need you anymore.

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...