Indian government yesterday made a bold move and banned all 500 and 1000 rupee notes. If you had a lot of un declared money as cash lying around this move means trouble for you.
I have been talking to a few people about this since last night and almost everyone thinks this is a good move by the government. Turns out I don’t know anyone who has a lot of black money lying around.
As a law abiding citizen, you should be filing your income tax and declaring the money you make. We should all contribute towards the nations well being.
P.S: America you had one job!