Friend got 5lakh cash what should he do (sister marriage next week money they saved)

@gambitrite wrote:

@blue wine wrote:

@rocker123 wrote:

Please note: Not only tax would be deducted on the amt you submit to the bank, there would also be a penalty levied and that is subjective to Income Tax dept.

ha agar amount bahut jayda ho

Lets say 10 lakh and above

then u have to expiation weather its agriculture income or u running soap and u got cash from soap

Soap … What are you trying to say??

@$hubham wrote:

@blue wine wrote:

wats the trick pm me

Just for you, buy Cuban cigars.

Send me anotnher trick

@gambitrite wrote:

@blue wine wrote:

@rocker123 wrote:

Please note: Not only tax would be deducted on the amt you submit to the bank, there would also be a penalty levied and that is subjective to Income Tax dept.

ha agar amount bahut jayda ho

Lets say 10 lakh and above

then u have to expiation weather its agriculture income or u running soap and u got cash from soap

Soap … What are you trying to say??

u can say u hve shop and sold lots of soap got cash

@blue wine wrote:

@gambitrite wrote:

@blue wine wrote:

@rocker123 wrote:

Please note: Not only tax would be deducted on the amt you submit to the bank, there would also be a penalty levied and that is subjective to Income Tax dept.

ha agar amount bahut jayda ho

Lets say 10 lakh and above

then u have to expiation weather its agriculture income or u running soap and u got cash from soap

Soap … What are you trying to say??

u can say u hve shop and sold lots of soap got cash

What about wine & scotch?

@MovieSeeker wrote:

@enapster wrote:

If that’s white money legally withdrawn form a bank, you can exchange it for new currency. If it’s black money, burn all of it.

Its legal money friends family saved all this worthwhile the problem is we can deposit in bank without an issue problem is withdrawing 5l again since it’s capped to 20k per week

deposit to one bank. then transfer to multiple banks using online/net banking/UPI. I am sure everyone in your family is holding more than one account.

http://m.timesofindia.com/india/Deposits-above-...

The government warned that cash deposits above Rs 2.5 lakh during the 50-day window to return 1000- and 500-rupee notes could be taxed while a 200% penalty would be applied to deposits that don’t match declared incomes.

@kool wrote:

The government warned that cash deposits above Rs 2.5 lakh during the 50-day window to return 1000- and 500-rupee notes could be taxed while a 200% penalty would be applied to deposits that don’t match declared incomes.

so why to worry .
govt said above 2.5 lacs will be matched with income tax return , and if something fishy then only face for firing round . but if you are honest then there is nothing to worry , you can justify with the returns .
after all this step is only taken to nab all those , by all the ways govt can . and even bank manager would not be able to help as everything will be monitored by senior team .

@kool wrote:

The government warned that cash deposits above Rs 2.5 lakh during the 50-day window to return 1000- and 500-rupee notes could be taxed while a 200% penalty would be applied to deposits that don’t match declared incomes.

not same for all
for shopkeepers it would be different ?

@enapster wrote:

I have always been a Modi basher. For the first time, I felt he has done something useful. I don’t think this was his idea – he doesn’t have the brains. However, he announced it, so I will give the credit to him.

I could not sleep yesterday night thinking and laughing about all the other people who could not sleep thinking about the cash stashed…

How can u decide about the brain of some1 else ?

@MovieSeeker wrote:

@mks963
@taujipanipat93
@getready
@blue wine ty for info

Deposit 4 lakh in 2 different accounts and issue cheques for high value transactions.

@Alpha.Barood wrote:

@enapster wrote:

I have always been a Modi basher. For the first time, I felt he has done something useful. I don’t think this was his idea – he doesn’t have the brains. However, he announced it, so I will give the credit to him.

I could not sleep yesterday night thinking and laughing about all the other people who could not sleep thinking about the cash stashed…

How can u decide about the brain of some1 else ?

@kalwa.sai897520 wrote:

I’ve asked you what are your views for hating modi, So that doesn’t mean i’m his fan.. Next thing is i’m a huge supporter of Kejriwal in the past but i lost trust and faith in him so bit obsessed by his name..

Mulayam and mayawati.. good that you didn’t mention Mamata and Lalu..

I didn’t get the answer on why you hate modi till now?

Royally screwed him.. Seriously… Lalu yadav + Nitish kumar + Kejriwal + Congress defeated him.. Don’t take royal word here.. And yes everyone knows how corrupt is Lalu yadav.

I heard so many biased reviews regarding Mamata in Quora.. You’ve compared Mamata, Lalu, Mayawati etc people with Modi. Then compare the works also if possible.. What modi has done to Gujarat in the last 10 yrs and what they’ve done to their respective states in their tenure..

I never went to Gujarat but i’ve some office colleagues and so many quora answers which described the work of Modi.. So i appreciate him for all he did.

Okay so now i’m asking you again.. Why you hate modi? Any specific reasons? Don’t compare him with any other politician. Just tell me the reasons you hate him

I want to know #Justcurious

@kalwa.sai897520 wrote:

Royally screwed him.. Seriously… Lalu yadav + Nitish kumar + Kejriwal + Congress defeated him.. Don’t take royal word here.. And yes everyone knows how corrupt is Lalu yadav.

I heard so many biased reviews regarding Mamata in Quora.. You’ve compared Mamata, Lalu, Mayawati etc people with Modi. Then compare the works also if possible.. What modi has done to Gujarat in the last 10 yrs and what they’ve done to their respective states in their tenure..

I never went to Gujarat but i’ve some office colleagues and so many quora answers which described the work of Modi.. So i appreciate him for all he did.

Okay so now i’m asking you again.. Why you hate modi? Any specific reasons? Don’t compare him with any other politician. Just tell me the reasons you hate him

I want to know #Justcurious

IMHO No body become anti-national by Hating Modi since hating him is not a crime

Anti national.. and not a crime… Dude what are you talking about…

In the first post i’ve asked him why do you hate modi? Any reason? Just curious.

Read completely and then comment. Commenting blindly will may lead you into trouble

Peace!!!

Problem solved govt just announced a family can take upto 2.5L for Marriage purpose

your friend should vote for sri sri 1008 modi ji in 2019 and relax till then because of our good soldiers.