How To Convert Black Money To White Money

How To Convert Black Money To White Money Bombay: Early on Tuesday, as Prime Minister Narendra Modi darkened the nation with its utmost against tax evasion, many Indians turned to Google for help. “How to Convert Black Money to White Silver” was trendy on the search engine, with queries arise soon after Modi announced the ban of Rs500 and Rs1,000 ($ 15) notes, making 86% of the currency in Circulation. “Black Silver” is the local term for money hidden away to avoid tax.

How To Convert Black Money To White Money

How To Convert Black Money To White Money
How To Convert Black Money To White Money

“This decision will change the social culture, in the way people keep money and spend,” Finance Minister Arun Jaitley told reporters on Wednesday on the government’s move. “The honest person has the satisfaction of being honest and not so honest anxiety.”

Most searches on Google have been from the original state of Modi Gujarat, Google Trends show, a region known for its entrepreneurial spirit, small traders and jewelers that form the basis of decision power Bharatiya Janata Party. Maharashtra, which includes the financial hub Mumbai, came second, followed by Haryana, who has been in the news over the past few months for controversial real estate transactions, including some with alleged links with the main congress ‘opposition.

The real estate sector will be one of the hardest hit by the relocation of Modi, including brokers such as CLSA Asia-Pacific Markets, Credit Suisse Group AG and Nomura Holdings Inc. The S & P BSE India Realty Index, comprised of 11 Real estate, plunged 16.5% Wednesday, the largest drop since 2009, before rising 4.6% to 11:07 on Thursday, amid a wider market rebound.

In fact, if you change the Google Trends query to “how to convert black money”, Haryana is at the top of the list with Gujarat behind. Other states asking the same question include the Punjab, which is to hold elections early next year, and the capital Delhi. Unexplained cash often arrives at election time to bribe voters.

Overall, the Indians sought more information on the government’s new currency notes that include better security features. Questions about these were among the five sought-after Google topics from India on Tuesday. India has 277 million Internet users, the largest in the world after China, according to Kleiner Perkins Caufield & Byers’ 2016 Internet Trends report.


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