Rahul Mehta Gandhinagar LsCandidate
Those who knew about cancellation of Rs 500 notes in advance had coneverted their black money into Rs 100 notes. So now SP , Laloo, Mayawati etc who have their black money in Rs 500 and Rs 1000 notes which are now useless.
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So Sonia, SP, Laloo, Mayawati, Mulayam etc will loose big time. And those who had advance inside information will gain.
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Anyway, I personally ONLY have about Rs 60000 cash in Rs 500 notes. And all of it is 100% white. So I will go bank tomorrow or whenever rush ends after week, and deposit them all without much pain. I may get some income tax query, but thats all.
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I cant care about losses of Congress, Sonia, Laloo, Mulayam, Mayawati etc. It is sad to see that those who had inside information will gain. But it is fish eat fish world anyway.
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And dear all who have white cash --- pls dont panic. You have 50 days , till 30-dec-2016 , to go to bank. Deposit all your cash in bank, and except a small income tax query, there will NOT be any problem at all. And income tax may not even send any query.