Rahul Mehta Gandhinagar LsCandidate
How apex congress leaders will GAIN from Rs 500 note ban
.
Many have hoarded huge money in Mauritius bank, Fiji bank etc . The owners are relatives who are relatives and they are US or Candian citizens. So their income isnt taxed in India.
.
There will be temparary fall in land prices and land prices will rise again in 1 year
.
Mauritius / Fiji / Singapore companies dont have to pay much taxes on their profits. eg Maurirtius bank pays only 8% tax on profits in India !!! Fiji company will pay 0%
.
So apex congress leaders will gain windfall !!!
.
Small congress leaders will loose 20% to 30% in luandering