RAJATNATH SINGH SAID DEMONATISATION HELP US TO RECOVER BLACK MONEY

Venkaiah Naidu  said that he was happy because, almost all the money has returned to the banking system

Hyderabad:

Due to Demonitisation, the money pressed under the toilets and beds has returned to the banking system. Venkaiah Naidu  said that he was happy because, almost all the money has returned to the banking system. He said, 'The money which was kept under the lavatories and beds was returned to the banks. My only thing to say is that money has returned. It is the work of the Reserve Bank and the Income Tax Department to see how much black money or white is in it, and they will verify it.Naidu said, "If people want to whiten black money, Parliament has taken its own measures too. Make a tax payment and include it in revenue so that it can be spent for the betterment of the people. Explain that Congress President Rahul Gandhi, citing the figures released by the RBI after the ban, said that the cease-fire was deliberately an ax in the foot of the poor.

Rahul Gandhi sharp attack on pm modi 

Rahul  Gandhi had said that the PM gave money to the pocket of the youth, women, farmers and small businessmen of the country, to give benefit to their 15-20 industrialists friends. Earlier in his press conference, Rahul Gandhi said that during the note-taking, the PM had announced that the problem of black money, tire funding and fake notes will end but nothing like this would happen.Congress national president Rahul Gandhi has made a big attack on the Modi government about the demonitasation and the Raphael deal. Rahul Gandhi cited the figures released by the RBI after the ban, saying that cessation was deliberately an ax in the foot of the poor. Rahul said that the PM pays money from the pockets of youth, women, farmers and small businessmen of the country to benefit their  15-20 industrialists friends.Rahul said that Jaitley is asking questions on the Rafael Deal while the Joint Parliamentary Committee is silent on the making. The Congress President said that the country wants to know what is the deal between Modi and Anil Ambani. However, immediately after the allegations of the BJP, the reversal of the BJP came out. BJP press conference said that Congress itself has done A to Z scams. The BJP spokesperson said that the ban on black money caused by the ban on bondage and unaccounted money came in the banking system. He said that if Rahul wants to ride on Rafael and start his career then it will not be so. Patra alleged that the money made by the Gandhi family became paper by the ban on paper, so Rahul is opposing it.Earlier in his press conference, Rahul Gandhi said that during the note-taking, the PM had announced that the problem of black money, tire funding and forged note would end. But nothing like this happened. Rahul said, 'I want to tell the young people of India, small businessmen why the PM has not issued a ban. His biggest 15-20 industrialists had non-performing assets. Narendra Modi took the money of the people of the country and put it in the pocket of Hindustan's largest Kroni Capitalist.

The Finance Minister said that denying the currency that was outside the banking system was not the only goal of the ban on bonds.

Finance Minister Arun Jaitley has responded to the criticisms on the Reserve Bank's report on the return of 99.3 per cent of the restricted currency into bank accounts after the note-offs. He has defended its decision by defending the ban on filing. On the other hand, Rajiv Kumar, the Deputy Chairman of the Commission, also defended the two-year-old verdict.The Finance Minister said that denying the currency that was outside the banking system was not the only goal of the ban on bonds. He said that one of the major objectives of the ban on bondage was to convert India from 'non-tax compliance' to tax compliance. Its aim was to formalize the economy and strike on black money.Jaitley wrote, "When the cash is deposited in the bank, the anonymity of its ownership is over. Owners of deposit cash have been identified. They are investigating whether the amount deposited is according to their income or not. 18 lakh depositors are under investigation. Many of these taxes and penalties are being recovered. The deposited cash in banks does not mean that all money is white only. 'Referring to the increase in tax collection, Jaitley said, "In March 2014, 3.8 crore tax returns were filed. In 2017-18, the figure increased to 6.86 million. In the last two years income tax has increased by 19% and 25%. This is a phenomenal increase. 'jaitley further wrote, 'GST came into effect on 1 July 2017 after the note-posting. In the first year already registered tax determination increased by 72.5 percent. Its number increased from 66.17 lakh to 114.17 lakh crore. 'Jaitley said that all this is a positive effect of ban on bondage. The more formal the economy will be the money in the system, the more tax revenues, the more expenditure, and the higher growth after the first two quarters.

 Rajiv Kumar, also came under the ban on bank slip Deputy Commissioner of the Commission

Meanwhile, the Deputy Commissioner of the Commission, Rajiv Kumar, also came under the ban on bank slip. He said, 'Who says that the only purpose of the ban was to deposit less money in the banks? 3-4 lakh crores came back to the banks and are under the scanner of the tax authority. Notices were sent to 18 lakh accounts and investigations are on.He also said that the currency black would not come in the white, but it has come in the gray. There is also a decrease in cash transactions. If there is a fear in the country about the wrong cash transactions, then this is not the effect of the ban on filing?It is noteworthy that in the annual report of the Reserve Bank of India on Wednesday, it has been said that the counting of notes of 500 and 1000 rupees excluded from the currency in the note bond has been completed. Out of 15.41 lakh crore rupees, notes worth Rs. 15.31 lakh crore have returned to the bank. Notes of about Rs 10,000 crore did not return After this report the opposition is an attacker on the government and the decision to ban the ban is being said to be unsuccessful.