Logo

Logo

Black Money

Cash, no Cash

Many methods have been tried for elimination of black money; we had several rounds of demonetisation, several voluntary disclosure schemes, some schemes to regularise undisclosed foreign assets, and so on. The only commonality between all such measures was their failure to prevent generation of black money. Strategically declaring their black money, tax evaders took full advantage of the frequently announced Government schemes. However, not many of the tax evaders discontinued their tax evading ways, so, after a few years, things came back to square one

Elusive Achche Din

Fiscal and tax policies alone will not be enough to bring about achche din. The bottom line is: Government efforts alone cannot bring achche din, but acting in tandem, progressive policies of the Government, the enterprising nature of our business class and the efforts of our people can definitely bring achche din for us.