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Wednesday, October 23, 2013

Black Money Can do Magic for you



Govt decision to dig for Gold near ancient temple in UP will be futile since this hidden treasure was seen in dream by a shadhu. And we know that dreams are only dreams they can never be true unless they are realistic. Rather than digging into earth they should try to dig (or investigate) into swiss bank where
Many Indians have stashed their black money. The exact amount of money deposited in swiss bank by Indians is not known. But if we bring back this money
1.       Money will be deposited in indian banks which in turn will increase liquidity in indian market since banks will have more money hence they can reduce different loan rates.
2.       We might get some tax benefits (exemption or relaxation) since Govt will have ample amount of money with it.
3.       Indian govt’s debt will get reduced or will be zeroed.
4.       Govt. services can be availed at cheaper prices.
5.       Govt. Projects which are stalled due to lack of fund can be resumed.
6.       Enough availability of money with govt. might lead in reduction of different taxes like excise duty, VAT etc. which may in turn reduce Prices of essential commodities.

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All these benefits can only be availed when we mandate Narendra Modi as PM who has been insisting the UPA govt to bring back this black money but instead of bringing back money they kept stashing money in swiss banks. Modi is committed to bring back this black money and surely it will bring cheer to millions of indian faces and can do magic.

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