Starting from real estate business to weddings the Narendra Modi-led NDA government's demonetisation drive has cast its shadow on almost everything in the country.
While opposition parties including SP, BSP, Congress and Trinamool Congress attack the government's sudden decision to abolish Rs 500 and Rs 1000 notes as it will cause problems to common man, BJP chief Amit Shah terms it a move which will immensely help in tackling corruption.
Let's have a look at the side effects of the demonetisation drive:
- Demonetised Rs 1,000 and Rs 500 notes were found floating in the Ganga river in Mirzapur (UP). Torn notes of Rs 500, Rs 1000 found near garbage dump in Kolkata. In Guwahati’s Rukmini Nagar, torn currency notes were found in drains.
- Robbers snatched Rs 1,500 from a labourer in Greater Noida but returned the money after discovering the snatched currency were demonetised notes.
- In Delhi, shopkeepers and auto-rickshaw drivers are turning to beggars to exchange demonitised notes.
- In Tiruvannamalai (Tamil Nadu) a man used colour photocopy of Rs 2,000 note to buy booze from TASMAC outlet. The outlet employee later said since he hasn’t seen Rs 2,000 note before, he accepted it believing it was genuine.
- Frustrated by the demonetisation move, kidnappers in Varanasi on Sunday released a 9th standard boy who was abducted on November 8. Parents of the victim thanked PM Modi.
- Police have seized unaccounted cash worth Rs 4 crore in now-defunct Rs 1,000 denomination notes from a Maharashtra-based trader at a checkpost in Burhanpur district in Madhya Pradesh.
Good
- Vinayka Hospital and Research Centre, a private hospital in Ranchi treated patients for free between 10-13 November.
- A sweeper in Pune found a stash of Rs 1,000 notes in garbage and handed it over to the police.
- Demonetisation has come down hard on dowry seekers. According to a report a groom’s family in Bihar sought Rs 20 lakh dowry from bride’s parents. Now, demonetisation drive has dissolved bridegroom's family demand.
- Violence and stone pelting incidents in Kashmir Valley have come to a dwindling halt post demonitisation.
- Demonetisation has become a party pooper in Delhi-NCR as cash-based alcohol sales in bars, pubs and ‘ahatas’ have been going down since the announcement.
You can file your ITR with ease via All India ITR.
Source : http://www.news18.com/news/india/the-good-the-bad-and-the-weird-of-currency-ban-1311839.html
Read : Rs 500 & 1000 Note Will Be Valid Till November 24
While opposition parties including SP, BSP, Congress and Trinamool Congress attack the government's sudden decision to abolish Rs 500 and Rs 1000 notes as it will cause problems to common man, BJP chief Amit Shah terms it a move which will immensely help in tackling corruption.
Let's have a look at the side effects of the demonetisation drive:
- Demonetised Rs 1,000 and Rs 500 notes were found floating in the Ganga river in Mirzapur (UP). Torn notes of Rs 500, Rs 1000 found near garbage dump in Kolkata. In Guwahati’s Rukmini Nagar, torn currency notes were found in drains.
- Robbers snatched Rs 1,500 from a labourer in Greater Noida but returned the money after discovering the snatched currency were demonetised notes.
- In Delhi, shopkeepers and auto-rickshaw drivers are turning to beggars to exchange demonitised notes.
- In Tiruvannamalai (Tamil Nadu) a man used colour photocopy of Rs 2,000 note to buy booze from TASMAC outlet. The outlet employee later said since he hasn’t seen Rs 2,000 note before, he accepted it believing it was genuine.
- Frustrated by the demonetisation move, kidnappers in Varanasi on Sunday released a 9th standard boy who was abducted on November 8. Parents of the victim thanked PM Modi.
- Police have seized unaccounted cash worth Rs 4 crore in now-defunct Rs 1,000 denomination notes from a Maharashtra-based trader at a checkpost in Burhanpur district in Madhya Pradesh.
Good
- Vinayka Hospital and Research Centre, a private hospital in Ranchi treated patients for free between 10-13 November.
- A sweeper in Pune found a stash of Rs 1,000 notes in garbage and handed it over to the police.
- Demonetisation has come down hard on dowry seekers. According to a report a groom’s family in Bihar sought Rs 20 lakh dowry from bride’s parents. Now, demonetisation drive has dissolved bridegroom's family demand.
- Violence and stone pelting incidents in Kashmir Valley have come to a dwindling halt post demonitisation.
- Demonetisation has become a party pooper in Delhi-NCR as cash-based alcohol sales in bars, pubs and ‘ahatas’ have been going down since the announcement.
You can file your ITR with ease via All India ITR.
Source : http://www.news18.com/news/india/the-good-the-bad-and-the-weird-of-currency-ban-1311839.html
Read : Rs 500 & 1000 Note Will Be Valid Till November 24
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