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Don't Worry About Money Denomination, Lets Support Government and Lets TRADE IN SHARE MARKET FUTURES FOR PROFIT
Await the positive long term affect of the
bold government decision
Changing the money denominations
and banning the existing currency of the country India is the most dynamic
decision of Sri Modi and there are several happenings after this rule. This
historic step is one of the bold decisions ever made and is even bought into implementation
very quickly. Happened to be more than ten days this rule came into existence and
it has its own role in the society and it is mentioned that this is a step against
the black money.
Impact of ban
The impact of banning the 500 and
1000 notes is seen in every sector till date and there are several deposits in the
banks. With public overwhelming support it is easy to drive away black money
from the country and even enhance the business ranking as the expenditure is
managed finely with this amazing step. Facing the hardships is not very easy even
for the one who are genuine tax payers and common man as there are a few
benefits of this move.
Getting rid of the dirty money from
the country extremely easy as people, whoever deposit money need to present
their proofs and should even pay tax if the denomination is above the limit. This
brings the black money into the light and people started facing troubles and
heavy penalty. Leaving the inconvenience caused to the public and people with
small businesses, there are amazing advantages to the growth of the economy of the
People after the unimagined decision
started panicking and there is a downfall of a few companies in the stock market
as the wildest decision of the Modi government is completely unexpected. The transactions
that are carried out with the previous denominations are no more permitted and this
step stood as a bigger query for all the people who cheat on paying the tax. With this wide decisions there are several long term benefits, but
shortly people face excess cons and it is much harder to have floating cash in the
hands. The hard currency is to be deposited in the respective banks to avoid
unnecessary issues as the existing cash is no more valid and acceptable
throughout the country.
Affect on share market
This surely has an impact on the
stock market and the affect on the share market need time to set right on the
track. With the election in the US the numbers dropped drastically and the
falling continued in a few aspects after releasing the ban over the existing
government notes. This is a huge hit to all sectors of the country and the genuine
tax payers are always safe whereas the one who cheat government need to pay
each and every penny back.
Within a few months things will be back and the
share market value increases as the demands move upwards. With the sudden decision
of discontinuing of the existing denominations there are a few downfalls and this
is not restricted to a specific companies.
There are several organizations which have landed
in the ground position as buyers due to lack of funds fail to purchase the shares.
Without investors the share market faces the critical time, but after a few
months with the free movement of money it becomes easy to regain the lost grace.
This cannot considered to be the negative
decision of the government as the long term benefits are fruitful as the government can control the functioning of a few places
using black money in the specific manner. The tactical move is to be accepted
as the brilliance of the government and this slowly creates many opportunities
to the investors who like to participate in the market.
The downfall or a break is common before earning
a finest growth and the stock market gain better performance. The one who tend
to invest with the money, which is untaxed face penalty and this reduces
corruption and improves the chances for genuine investors.
One can stay happily just by
completing the transactions by presenting the government valid identity cards
and this is the only way to make the money legal. Though with the wildest decision,
there may be hardships for money for a few days, but the long term benefits
fascinates every Indian and make them ready to face the tough situations.