What will the people who have Black Money in Swiss Bank do after the demonetisation of ₹1000 & ₹500 note?
Does demonitizing ₹500 and ₹1000 notes affect in any way the Indians who stored black money in Swiss bank ?
In which currency do people store money in Swiss banks? What is the advantage of storing there? Why do we tolerate the Swiss banks for not providing information regarding black money? Isn't this a national threat? Can we not make some tough decisions? How much of demonetized money, might not come back to the banking system? How will the demonitization of existing ₹500 & ₹1000 will make consumers to go for more cashless transaction? In what circumstances central banks can print money? What will happen to rupee valuation if more than 14 lakh crore money gets deposited in Indian banks after demonetization? How are Indian ministers able to send large amounts of money to Swiss banks? Is black money prevalent only in India? If not, then is there any country which has successfully curbed the black money by demonetisation? In what circumstances do the central banks print money? What are the serious disadvantages of demonetization of currency notes in India? How much money has come into banking system till date due to demonetization of currency? What is the reason behind having no limit for deposits in Swiss banks? What is the effect of black money on India's macro economy? If the black money gets accounted in banks, is it still considered black? What will happen to the old notes that are deposited to the banks? If black money is being stashed abroad, and fake currency from elsewhere is entering our system simultaneously, how does it affect the economy? Does one cancel out the effect of the other? Which bank in the US offers accounts denominated in euros? What is special about Swiss bank? How will demonetization affect banking industry? DEMONETIZATION IMPACT ON BANKS? Is public money safe in private banks? Can anyone open a Swiss bank account? What will happen if everyone withdraw there money from the bank? What are Swiss banks? Does the currency ban in India curb future corruption? Is it safe to keep money in private banks in India, as compared to nationalized banks? Would anything happen to my cash in a US bank account if the US dollar crashes overnight? Was the demonetization of money in India a boon or a bane? How are people converting their black money to white money in India? What were the different ways through which black money was laundered in India before demonetization and how will it be prevented with the new policy?