One simple #surgicalstrikeonblackmoney and everyone who was hoarding suitcases and rooms full of cash has suddenly become bankrupt. They can deposit the money in their banks, but at ₹10,000 a day for another 50 days, thats about ₹5,00,000 which is not a lot. And even that might attract the Tax guys. So what do you do??
Well how about creating an app based platform. On one side you have the black money owners, who have millions and millions of worthless cash now, and on another side you have the honest people like us, who have 2 - 3 notes of ₹500 lying around in their wallets that they are still worrying about.
So the #BlackMoneyGuy registers and declares an amount on the app, lets say ₹50,00,000. And a thousand #becharaSalariedGuys like me register with our Bank Accounts, Identity proof and everything.
Now a rate is fixed, lets say 1%. And a place and time is fixed.
At this place and time, the #BlackMoneyGuy meets the thousand #becharaSalariedGuys and gives each of them ₹5000. And each of the thousand #becharaSalariedGuys transfer ₹4950 to the #BlackMoneyGuy
Post that, these thousand #becharaSalariedGuys go to the bank one day before Dec 30th deadline, and deposit the ₹5000.
Voila, everyone wins. #BlackMoneyGuy converts 99% of his black money into white, and the thousand #becharaSalariedGuys each get a ₹50 tip for their service. Tada!!!
Whatsay...any holes??
Not one of the ideas to steal from here by the way...although this doesn't look illegal at all, am sure the govt will find some way of declaring it illegal. And secondly, lets not do it...why make bad money helping rich guys hiding their bad money, forever!!!
