Rahul Mehta Gandhinagar LsCandidate

About -- 50% tax + fine + 25% in four year deposits with 0% interest + 25% instant white scheme
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There is NOTHING wrong
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All govts routinely come up with such schemes, eg USA too had one scheme called as bearer bonds, which converts black into white.
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So while motive of GoI may be to coverup massive failure notebandi is causing, but scheme per se is NOT wrong.
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It is just another "Income Disclosure Scheme" which almost every Govt in India launches
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I think this scheme wont get much money.
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Because as of now, one is getting gold for Rs 3700 per gram (official price = rs 3100 per gram) i.e. only 20% haircut.
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So not many black money hoarder would take 60% haircut when 20% haircut option is available
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All that is aside. What I mean to say is --- such schemes are routine and nothing wrong.