3 ms·
I am not sure if it takes care of corruption completely to be true. Most of ministers and big business people, they have Swiss bank accounts. Though with UP ele
by soniagupta 10y ago
I am not sure if it takes care of corruption completely to be true. Most of ministers and big business people, they have Swiss bank accounts. Though with UP elections coming, it may affect the heat. But again, the ministers are most corrupt and not sure how things will play there. At common man level, I am wondering how much will it help with inflation. Already in last year, the taxes are raised to such a high level that the investments there are already looking waste. With this move, when property prices will be high on paper, but lower in actual, it will also effect the property prices that were paid in full and I am including most of properties purchased by service class people or NRIs, with no black money. Not sure, but just going with words I am trying to draw a full picture here. My investments in India were devalued in last year because of taxes, properties prices are also highly affected. At least as one of one year, this will affect the property prices further. Will it even help common people to a large extent or is it uprooting old Indians while making foundation for lower classes.