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PM Narendra Modi sings the re-monetisation tune

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Is this black money list is true where the hell you got this legitimate data from ?

WIKI LEAKS Published 1st List of black money holders in SWISS bank...... The Top Most 24 members are.....(money is in CRORES)

1 - L.K.Advani (5600)
2 - A Raja(7800)
3 - karunanidhi (158000)
4 - Sharad Pawar (82000)
5 - V.S achutanandan (15040)
6 - Digvijay Singh (28900)
7 - Ahmed Patel (9000)
8 - Jay Lalita (150000)
9 - Harish Rawat (75000)
10 - mulayam singh (28000)
11 - balasaheb thakrey (59700)
12 - Ashok Gahlot (22000)
13 - vasudhara sindhia (76888)
14- Shyam kampli (582114)
15- srinivasan(19800)
16- Harshad Mehta(135800)
17- Ketan Parekh(8200)
18- HD Kumarswamy(14500)
19- Lalu Prasad Yadav(28900)
20 - J M Scindia(9000)
21- Kalanidi Maran(15000)
22- Suresh Kalmadi(5900)
23- Abisek bannerjee (189008)
24- Madan mitra (23000)


Undigestible news: Indians black money in Swiss bank is Rs. 358,679,863,300,000 (estimated to be 1.3 trillion dollars) this money belongs to 2000 indians who have kept there to evade from tax, This money is enough for our india to become 10 america and become one of the most powerful developed country in the world for next 100yrs..

source: facebook

RBI's New Rs. 2000 Note Has No GPS Tracking Chip

Finance Minister Arun Jaitley has confirmed what we told you on Wednesday - RBI's new Rs. 2000 note has no GPS chip.

"From where did you come to know this? I haven't heard of it," Jaitley said when asked by a reporter if the new Rs. 2000 note issued by the Reserve Bank of India (RBI) has a chip to enable its tracking via satellites.

That's official confirmation for something we already told you on Wednesday, dispelling rumours floating on WhatsApp and other social media that RBI's new Rs. 2000 notes have a 'near-field GPS' or NGC chip that will be used to track these notes.
We explained how the technology that these new Rs. 2000 notes being issued by RBI are 'claimed' to have would be technically not feasible. This is what a popular WhatsApp forward being circulated claimed about the new Rs. 2000 currency:

RBI to issue ₹2000 Rupees Notes coming February 2017
India is all set to add one more denomination to its currencies shortly. The Reserve Bank of India (RBI) will be issuing Rs 2,000 currency notes, the highest to come into circulation, even as some experts feel7 high-value denominations should be discontinued to curb black money.

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a NGC (Nano GPS Chip)

How the embedded NGC Technology Works? The unique feature of the NGC is it doesn't need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

How will this help eradicate black money menace? Since every NGC embedded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigation
Just a beginning of the end of black money in India

To remind our readers that nearly everything in the WhatsApp message quoted above is false, and there's no GPS tracking chip of any kind in the new Rs. 2000 note.

source: thinkur

WIKI LEAKS Published 1st List of black money holders in SWISS bank...... The Top Most 24 members are.....(money is in CRORES)

1 - L.K.Advani (5600)
2 - A Raja(7800)
3 - karunanidhi (158000)
4 - Sharad Pawar (82000)
5 - V.S achutanandan (15040)
6 - Digvijay Singh (28900)
7 - Ahmed Patel (9000)
8 - Jay Lalita (150000)
9 - Harish Rawat (75000)
10 - mulayam singh (28000)
11 - balasaheb thakrey (59700)
12 - Ashok Gahlot (22000)
13 - vasudhara sindhia (76888)
14- Shyam kampli (582114)
15- srinivasan(19800)
16- Harshad Mehta(135800)
17- Ketan Parekh(8200)
18- HD Kumarswamy(14500)
19- Lalu Prasad Yadav(28900)
20 - J M Scindia(9000)
21- Kalanidi Maran(15000)
22- Suresh Kalmadi(5900)
23- Abisek bannerjee (189008)
24- Madan mitra (23000)


Undigestible news: Indians black money in Swiss bank is Rs. 358,679,863,300,000 (estimated to be 1.3 trillion dollars) this money belongs to 2000 indians who have kept there to evade from tax, This money is enough for our india to become 10 america and become one of the most powerful developed country in the world for next 100yrs..

source: facebook

Deposits above Rs 2.5 lakh to face tax, 200% penalty on income mismatch



Cash deposits above Rs 2.5 lakh threshold under the 50-day window could attract tax plus a 200 per cent penalty in case of income mismatch

Any mismatch with income declared by the account holder will be treated as a case of tax evasion.


The government on Wednesday warned that cash deposits above Rs 2.5 lakh threshold under the 50-day window could attract tax plus a 200 per cent penalty in case of income mismatch.

"We would be getting reports of all cash deposited during the period of November 10 to December 30, 2016, above a threshold of Rs 2.5 lakh in every account.

"The (tax) department would do matching of this with income returns filed by the depositors. And suitable action may follow," revenue secretary Hashmukh Adhia said tonight.

Any mismatch with income declared by the account holder will be treated as a case of tax evasion.

"This would be treated as a case of tax evasion and the tax amount plus a penalty of 200 per cent of the tax payable would be levied as per the Section 270(A) of the Income Tax Act," he said.

The government has allowed citizens to deposit in their bank accounts old currency of Rs 500 and Rs 1,000 denominations, which had been declared invalid in the nation's biggest crackdown on blackmoney, corruption and counterfeit notes, between November 10 and December 30.

Adhia said small businessmen, housewives, artisans and workers who had some cash lying as their savings at home should not be worried about any tax department scrutiny.

"Such group of people... need not worry about such small amount of deposits up to Rs 1.5 or 2 lakh since it would be below the taxable income. There will be no harassment by the Income Tax Department for such small deposits made," he said.
On people resorting to buying of jewelery, he said persons buying jewelery has to provide the PAN number.
Top Comment

Today I feel proud to be an Indian. If all goes on like this, there will soon be a time when people of the world would want to be an Indian rather than an American, Canadian, etc.

"We are issuing instructions to the field authorities to check with all the jewellers to ensure this requirement is not compromised.

"Action will be taken against those jewellers who fail to take PAN numbers from such buyers. When the cash deposits of the jewellers would be scrutinised against the sales made, whether they have taken the PAN number of the buyer or not will also be checked," he added.


source: TOI