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Bewarse Talk Discussion Board * Archives - 2016 * Cine Talk - Reviews, Gossips, Insider Info etc. * Archive through November 25, 2016 * My take:"500/1000 Notes ban and New 2000Rs Note" < Previous Next >

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Thedarkknight
Pilla Bewarse
Username: Thedarkknight

Post Number: 559
Registered: 07-2008
Posted From: 183.83.26.5
Posted on Tuesday, November 15, 2016 - 3:03 pm:    Edit Post Delete Post Print Post


Andhramass:

http://zeenews.india.com/news/india/explained-how-rs-2000-note-will-curb-black-m oney-gujarat-cas-open-letter-to-arvind-kejriwal-breaks-internet-must-read_194952 2.html

very good explanation of 2000rs notes




:-).

Ithanevaro kani, Kondanu kotti elukanu pattina samadhanam cheppadu :-). Ayina, Kejriwal adigina questions kuda alaney unnayanukunta.


He is talking about the short term impact ( next 6 weeks lo jaragaboye black money deposits gurinchi ).
2000 Rs note create cheyaboye long term negative impact veediki inka ardam ayinnatu ledu. Ayina 1000Rs note kuda enduku? ey 200 note o, leka 500 kante lower denomination lo print chesthey saripoyedi.

Simple question mama, 1000Rs note vachina taruvatha shops lo evaraina chillara isthunnara? Chacolates isthunnaru. Appudappudu 5Rs/10Rs change kuda ivvatam ley ( Kit kat o, leka dairy milk o icchi pampisthunnaru ).

Forced sales, increase in commodity prices & inflation are direct side effects.

Inka heat of the situation ardam ayinattu ledu chala mandiki :-).
I dont wear spects, only wear contact lens(&goggles sometimes). Only code lang that i know are > c,c++,java,c# & scrpt lang.
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Andhramass
Bewarse Legend
Username: Andhramass

Post Number: 57100
Registered: 07-2006
Posted From: 203.1.252.34
Posted on Monday, November 14, 2016 - 11:12 pm:    Edit Post Delete Post Print Post

http://zeenews.india.com/news/india/explained-how-rs-2000-note-will-curb-black-m oney-gujarat-cas-open-letter-to-arvind-kejriwal-breaks-internet-must-read_194952 2.html

very good explanation of 2000rs notes
anni dananallo Annadanam Minna lal salam
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Thedarkknight
Pilla Bewarse
Username: Thedarkknight

Post Number: 557
Registered: 07-2008
Posted From: 183.83.26.5
Posted on Monday, November 14, 2016 - 3:17 pm:    Edit Post Delete Post Print Post

Puri Jagannath Comment

=> 2000Rs note change cheyagaligina vadu Veerudu & 2000Rs note ki change icchina vadu Devudu :-).

Middle class/ Lower middle class janalaki 2000Rs note chavu debba.
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Nayak
Yavvanam Kaatesina Bewarse
Username: Nayak

Post Number: 6381
Registered: 04-2009
Posted From: 12.43.184.178
Posted on Monday, November 14, 2016 - 12:42 pm:    Edit Post Delete Post Print Post

http://namastheandhra.com/modi-operations-starts-from-karnataka/
Warrior
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Kishorek111
Kurra Bewarse
Username: Kishorek111

Post Number: 1788
Registered: 04-2004
Posted From: 73.71.157.48
Posted on Sunday, November 13, 2016 - 9:59 pm:    Edit Post Delete Post Print Post

//Mari long term lo emanna Manchi jaruguddemo naaku theleedu.//

manchi jarige varuku modi ni vunchali kadha.. short term lo govt ki minimum 1 lakh cr vastayi ani antunnaru
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Kishorek111
Kurra Bewarse
Username: Kishorek111

Post Number: 1787
Registered: 04-2004
Posted From: 73.71.157.48
Posted on Sunday, November 13, 2016 - 9:57 pm:    Edit Post Delete Post Print Post

//Ayina sujana gaadi lanti vallani cabinet lo ettukuni eeyana avineethi meeda yuddham Entandi comedy ga ani oka peddayana comment ninna.//

as of now Sujana midha avineeti cases emi leevu kadha.. The only case is about re-payment of loans kadha
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Kishorek111
Kurra Bewarse
Username: Kishorek111

Post Number: 1786
Registered: 04-2004
Posted From: 73.71.157.48
Posted on Sunday, November 13, 2016 - 9:55 pm:    Edit Post Delete Post Print Post

//Asalu Mauritius and Cyprus nundi vache FDI lo 90% bogus and black money that is converted to white overseas, avi control cheyakunda janam meeda padatam waste ani oka argument. That's how I believe PVP brought 1,000 cr in to the country and 300 to 400 cr of that went into jaggad companies. Similarly Jana reddy gaadi companies Loki 500cr thecharanta cyprus nundi.//

the way Modi is talking one by one chestaru anukunta...
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Kishorek111
Kurra Bewarse
Username: Kishorek111

Post Number: 1785
Registered: 04-2004
Posted From: 73.71.157.48
Posted on Sunday, November 13, 2016 - 9:53 pm:    Edit Post Delete Post Print Post

//Small to medium businesses anni kudelayyayi antannaru.//

true.. will take a long time to recover
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 32847
Registered: 09-2011
Posted From: 50.66.0.62
Posted on Sunday, November 13, 2016 - 1:46 pm:    Edit Post Delete Post Print Post


Proofdada:


MOVIEART--bemmi.ok
Ignorance is bliss
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Proofdada
Bewarse Legend
Username: Proofdada

Post Number: 147989
Registered: 03-2004
Posted From: 166.137.139.91
Posted on Sunday, November 13, 2016 - 1:45 pm:    Edit Post Delete Post Print Post

Vaammo eeti ee claasulu...
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 32846
Registered: 09-2011
Posted From: 50.66.0.62
Posted on Sunday, November 13, 2016 - 1:25 pm:    Edit Post Delete Post Print Post

Small to medium businesses anni kudelayyayi antannaru.

Asalu Mauritius and Cyprus nundi vache FDI lo 90% bogus and black money that is converted to white overseas, avi control cheyakunda janam meeda padatam waste ani oka argument. That's how I believe PVP brought 1,000 cr in to the country and 300 to 400 cr of that went into jaggad companies. Similarly Jana reddy gaadi companies Loki 500cr thecharanta cyprus nundi.

Ayina sujana gaadi lanti vallani cabinet lo ettukuni eeyana avineethi meeda yuddham Entandi comedy ga ani oka peddayana comment ninna.

Mari long term lo emanna Manchi jaruguddemo naaku theleedu.
Ignorance is bliss
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 32844
Registered: 09-2011
Posted From: 50.66.0.62
Posted on Sunday, November 13, 2016 - 1:18 pm:    Edit Post Delete Post Print Post


Fanno1:


correct but AP govt itself created a real estate boom in two dists and whole capital building plan is based on real estate pricing and improvement for farmers. Most of them did some kind of transaction in the last year and everyone have amounts much more than 5lakhs in lockers. In our society any real estate deal is 60 to 70% black and rest white. Now it's next to impossible to show any source for that black.

Ika pothe inko angle, lot of people participate in private chits and mostly ladies. They are all done with no legal formalities, and even one or two are delinquent then whole group will crumble.

I don't think they have thought through all the implications before implementing this. If the govt say now they will give a chance to disclose black one more time for a month or so, I think response will be tremendous even if they put 50% tax.
Ignorance is bliss
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Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1

Post Number: 9181
Registered: 03-2004
Posted From: 68.109.27.99
Posted on Sunday, November 13, 2016 - 12:58 pm:    Edit Post Delete Post Print Post


Kubang:

Normal raithulaki baaga debba anta.




2.5 lakhs varaku deposits ki lekka akkaraledhu. Kanessam family iddaru ( wife and husband) lekka anukunna, 5 lakhs varaku Govt ki lekka akkaraledhu. Rendu bank account kooda lekunda intlo 5 lakh cash vundhi ante genuine ani nammatam kastham

Agricultural income ki tax ledhu. vunna income 2.5 lakhs+ aithe, farmers aithe issue vunda koodadu kada.


recent ga pedda mottalo lands ammina vallaki tappa vere vallaki problems emuntayo naaku ardham kavatam ledhu.
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 32843
Registered: 09-2011
Posted From: 50.66.0.62
Posted on Sunday, November 13, 2016 - 12:28 pm:    Edit Post Delete Post Print Post

India matladithe middle class meeda Chaavudebba antannaru. Baaga balisina vallu calm ga vunnaru, no panic because they have moved into properties and precious metals long time ago, no one really have much cash antannaru. Normal raithulaki baaga debba anta.
Ignorance is bliss
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Thedarkknight
Pilla Bewarse
Username: Thedarkknight

Post Number: 556
Registered: 07-2008
Posted From: 183.83.26.5
Posted on Sunday, November 13, 2016 - 6:09 am:    Edit Post Delete Post Print Post


Thedarkknight:

Overall review: an awesome effort spoiled by the 2000Rs note. 200rs note would have been super effective.




If printing 2000rs note is mandatory, another alternative solution ( prevention technique ) that i can think of to avoid the issues => Minimize the number of 2000rs notes that get manufactured and circulated in the market. But again subsequent govts need to understand the effects of higher denomination and act accordingly.
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Ispate
Kurra Bewarse
Username: Ispate

Post Number: 1076
Registered: 01-2012
Posted From: 23.113.249.99
Posted on Friday, November 11, 2016 - 1:19 pm:    Edit Post Delete Post Print Post


Kubang:


honnoi

meeru inka ekkada vunnaru

present 30% tax nunchi

https://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8 &ved=0ahUKEwiL3a6-qKHQAhVpxYMKHWF-DAkQjRwIBw&url=http%3A%2F%2Fwww.pravinvankar.c om%2F&psig=AFQjCNETpk2Ony7hePfO2dzB-h9XQeBMuA&ust=1478974762662932
"manaki pissa lite annattu" REX thatha
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 32838
Registered: 09-2011
Posted From: 161.141.1.1
Posted on Friday, November 11, 2016 - 11:31 am:    Edit Post Delete Post Print Post

ninna night maa friend okadiki phone chesa. aadu 2 cr etti oka site konnadu, paid 70 lakhs (40 white, 30 black). registration Jan lo ettukunnar evo mahurthalu choosukuni, 1.3cr black locker lo ettukuni kookunnadu. Vaxxalu pisukkuntannadu emi cheyalo theleeka.

orey, innallu taxes egadobbi baagane venakesav oka 30% pothepoyindi tax katti white chesuko ani advise icha. aa direction lo thinking ani cheppadu. ippudu tax kadithe, future lo IT raids avuthayi ani most of these black money holders fearing ani naaku ardhamayindi aaditho mattadaaka.
Ignorance is bliss
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Proofdada
Bewarse Legend
Username: Proofdada

Post Number: 147974
Registered: 03-2004
Posted From: 205.145.107.52
Posted on Friday, November 11, 2016 - 10:40 am:    Edit Post Delete Post Print Post


Musicfan:


aayanaku ollantha.... adhee etakaram ravu ji... chance isthe Arkansas motham ammesthadu emanukunnaroo...
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 60437
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Friday, November 11, 2016 - 10:36 am:    Edit Post Delete Post Print Post


Proofdada:

pottayana neeku thelekundane adigava ravu gorini.




akkada question kanna, sannakaru raitu ani project cheskovatam lo focus kanipinchindi,

meekkooda alage anipinchindaa??
Dhruva Audio Review
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Proofdada
Bewarse Legend
Username: Proofdada

Post Number: 147973
Registered: 03-2004
Posted From: 205.145.107.101
Posted on Friday, November 11, 2016 - 10:05 am:    Edit Post Delete Post Print Post

pottayana neeku thelekundane adigava ravu gorini...endhuku maa ravu gorini rag cheshtunnavu... pani lepothe nikkaresukuni park lo padi running chesukooMOVIEART--bemmi.etakaram
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Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu

Post Number: 3767
Registered: 03-2013
Posted From: 68.12.22.38
Posted on Friday, November 11, 2016 - 9:56 am:    Edit Post Delete Post Print Post

ayithe vaake rao garu
Bewarsegadu Fan of Balayya and PK
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 60432
Registered: 05-2004
Posted From: 73.191.151.120
Posted on Friday, November 11, 2016 - 9:31 am:    Edit Post Delete Post Print Post


Bewarsegadu:

monthly oka 700 USD xoom dwaara pamputhaa to repay loans and other expenses




cashless transaction ainanta kalam emuntundi effect??
Dhruva Audio Review
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Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu

Post Number: 3766
Registered: 03-2013
Posted From: 68.12.22.38
Posted on Friday, November 11, 2016 - 9:07 am:    Edit Post Delete Post Print Post

maa laanti sanna karu vallaki emanna effect aa?
monthly oka 700 USD xoom dwaara pamputhaa to repay loans and other expenses
Bewarsegadu Fan of Balayya and PK
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Andhramass
Bewarse Legend
Username: Andhramass

Post Number: 57097
Registered: 07-2006
Posted From: 49.183.168.230
Posted on Friday, November 11, 2016 - 7:03 am:    Edit Post Delete Post Print Post

atleast he tried results annavi immediate gaa raavu we need to wait and see.
anni dananallo Annadanam Minna lal salam
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Andhramass
Bewarse Legend
Username: Andhramass

Post Number: 57096
Registered: 07-2006
Posted From: 49.183.168.230
Posted on Friday, November 11, 2016 - 7:03 am:    Edit Post Delete Post Print Post

annai lat say 5 years down the line there is no gaurentee that 2000 rs will exists. he may bring new policy if corruption rate increases.
anni dananallo Annadanam Minna lal salam
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Thedarkknight
Pilla Bewarse
Username: Thedarkknight

Post Number: 549
Registered: 07-2008
Posted From: 183.83.26.5
Posted on Friday, November 11, 2016 - 4:34 am:    Edit Post Delete Post Print Post

Actual aim is to “curb the corruption, reduce the black money usage & bring out the existing black money”.

Overall review: an awesome effort spoiled by the 2000Rs note. 200rs note would have been super effective.


Few Basics:
Options for exchanging the existing cash.
 Deposit into any bank or post office account ( No limits for the deposit )
 Limits will be imposed on the withdrawals in the near future. Limits would increase as time passes by.

=============================================
Short Term Impact on Black money Reduction: Moderate to high
Short Term Impact on fake currency: High
Short Term Issues for the innocent Tax Payers: Moderate to high for next few days depending on the requirements.

=============================================

Impact on black money Reduction:

Anyone can deposit the cash into their bank and post office account ( there is no limit imposed on the deposits). So tax payers ki emi problem ledu, They can just deposit all the cash that they have.


Black money tho complete ga business chese-vallaki koncham problem. Though they have network, they need to find people ( They can find it for % commission pay ) for converting the existing black money. Inka chala ways kanipedatharu for converting ( to properties & other assets ) but they loose some % of cash. Actual target entantey vellantha vachi banks lo money deposit chesi tax kadutharu & dorikipotharu ani. Chances of happening that are less in my opinion. Anyways, There will be money circulation, distribution to the network & there will be lots of transactions which is a reasonably good thing.


Chinna, chinna illegal vyaparalu chesi black money dachukoni ela bayata padalo teliyani batch ki chala problems. Veellu basic ga baga target avutharu. They have to pay tax & penalties. Not sure about any other restrictions.

Overall ga reasonably moderate to high impact in the "short term" with Lots of problems for Innocent tax payers in coming few days/weeks.

Intention aithey, target chesindi complete ga black money tho business chese criminals ni, but ekkuva ga target ayindi chinna, chinna illegal vyaparalu chese batch.

Impact on fake currency:

All of the existing cash has to come to the bank or post offices, Fake currency would be easily caught. Highest impact.

===============================================

Long term Impact on Black money Reduction: Low to Moderate. May be high depending on the functioning of ACB & Police.
Long term Impact on fake currency: Moderate to High
Long term impact on curbing inflation: Low (May have negative impact on inflation)

===============================================

Impact on black money Reduction:

In my opinion black money usage can be reduced substantially by reducing the denominations ( Prevention technique ), which will discourage the cash transactions and by encouraging the electronic transactions.

2000Rs note reduces the effectiveness of this whole exercise.

Most of the transactions ( Real estate/ Jewelry/ Movies/ Sports and few other big transactions ) in India that happen as of today have significant “Cash component”. 2000Rs note will encourage the “parties involved in transactions” to go for higher cash component (Just because of the lower volume required for a particular cash amount. Storage & transport becomes less painful). Due to this particular issue there are high chances of white money (Accounted for in the bank deposits, investments & Property reserves) becoming black.

Seems like the 2000Rs note will have nano gps technology to locate the hidden notes and curb the black money usage. This is a cure technique. For it to work effectively lot of people (ACB, Police, Task force) have to work responsibly with-out any fraud. All of us know how things work in india in general. Forget about india, I had faced a cheque kiting fraud in USA ( Bay area ) and registered a police complaint. There is absolutely no traction on the case even after submitting all the proofs. Everybody knows who the culprits are.

Because of these reasons, the effectiveness of the exercise goes down significantly. Prevention is always better than cure.

Impact on fake currency:

The chances of fake currency of 2000Rs note are almost negligible ( due to the gps and nano technology ) and hence the fraudsters resort to lower denominations and fake currency would be reduced in general.

Impact on inflation:

Basic rule of economy: Higher denomination => higher chances of inflation (purely going by the psychology & spending dynamics).
Spending power of people can be increased by lower denominations.
Obviously, other aspects of “Demand Vs Supply”, “Production Vs consumption” determine the ultimate fate of inflation.
2000Rs note will have negative impact on inflation. 200Rs note would have solved the problem.

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