Government demands Tax Dodgers to go clean until March 2017

It is on the serious command at the moment that how the government can give so many chances to the black money collectors in for of recession and not think of public first as they are being ruled by the power of the public vote in their command. The government has now tried to pressurize the black money collectors in terms of thinking out the way for bogging the public pressure away. The government has asked the black money collectors or looters to go clean until March 2017 due to the certain policy announced last month by the Indian Finance Minister Arun Jaitley. In this policy, people are still complaining the fact that Indian government is pulling a hike percentage opportunity for those who contain high monetary funds and have been the core of the black money sentiment. However, the media reports also suggest that this policy is a 50-50 recession chance for the black money agents and collective machinery.

The policy did tend to support the black money hoardings in the context of announcing their particular money and pay out the 33% tax first terms. After that the government would ask these black money ho hoardings to charge recession tax separately as 33% and finally they have charged around 10% which mean that around 49% money is being provided to the government and the rest could be saved by the black money collector for himself or herself which can crack down the economic ideology behind this ultimate goal set as a policy the finance ministry. It has also been guaranteed to the black money collector that 25% of the money saved by him or her must be saved in the banks and won't be taken for use till next 4 years but it doesn't mean that it would certainly give an edge. In this way government did tend to ask the black money hoardings to go clean until March 2017, but how clean they would be until that period of time is not guaranteed by any official accountancy or accurate machinery which may continue to twinge the social sector and public sector at large where people continue to be baffled after shortage of money in long terms challenges...

Let's hope that the government must do something to come out of this messy affair otherwise the economic crisis is due in coming year in the nation...

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