Prices hike is essential fro developing country.
But it should divided among all people not only middle class people.
Because we know the maximum subsidy goes to the industrialist and corporate ( the amount come from Middle class people Give that Tax), and rest money goes to the below poverty line people.
But we are the only sufferer.
I am now sure no Government is bother about bring black money and Narendra Modi giving sufficient time to move their money from swiss banks by not taking immediate action.

Prices hike is essential fro developing country.
But it should divided among all people not only middle class people.
Because we know the maximum subsidy goes to the industrialist and corporate ( the amount come from Middle class people Give that Tax), and rest money goes to the below poverty line people.
But we are the only sufferer.
I am now sure no Government is bother about bring black money and Narendra Modi giving sufficient time to move their money from swiss banks by not taking immediate action.

I don't think so. What Modi is going to get by this action? It seems a baseless allegation.

After construction of SIT, it is hopeful for speedy process about black money as India wish to know names of persons who have black money.

It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.

It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.

Black money is generated by the rich to avoid taxes and accounting for illegal profits. Hawala route is also used by common NRI's to transfer funds into India as itv is fast. leaves no trail and many times the exchange rate is higher than official rate. I feel it will be difficult to stop generation of black money. We are after BM abroad because we know where it is parked, but many times more is circulating in the country which no one is after. prices will continue to be impacted by BM esp real estate.

It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.

Black money is generated by the rich to avoid taxes and accounting for illegal profits. Hawala route is also used by common NRI's to transfer funds into India as itv is fast. leaves no trail and many times the exchange rate is higher than official rate. I feel it will be difficult to stop generation of black money. We are after BM abroad because we know where it is parked, but many times more is circulating in the country which no one is after. prices will continue to be impacted by BM esp real estate.

True. But there is nothing wrong in trying to contain BM, though not to eradicating it totally.

It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.

Black money is generated by the rich to avoid taxes and accounting for illegal profits. Hawala route is also used by common NRI's to transfer funds into India as itv is fast. leaves no trail and many times the exchange rate is higher than official rate. I feel it will be difficult to stop generation of black money. We are after BM abroad because we know where it is parked, but many times more is circulating in the country which no one is after. prices will continue to be impacted by BM esp real estate.

True. But there is nothing wrong in trying to contain BM, though not to eradicating it totally.

Including myself I have seen many times given an option to pay against a bill and pay taxes or pay without bill and save taxes.everyone chooses the latter and expect govt to control BM.