Menu
Hindu demonetization adding insult to injuries of ordinary Indians
Dear Editor
----- The on-going Hindu demonetization (which has already given-up its objective of eliminating black-money and has adopted new objective of cashless economy that too without improving the connectivity) has harassed and even killed people mostly from lower and backward caste of Hindu order (Muslims are more or less in these categories as out of cowardice they have already rendered themselves as second class citizens of India) and these people comprises ~ 80 % of India. On the contrary this criminal demonetization has left ~ 20 % upper rung of the country mostly unaffected.
This momentous decision of demonetization criminally taken without cabinet approval [which has unconstitutionally harassed and tortured the Indians by depriving them of their right to life, liberty and property and has even killed people by the negligence of Government of India (GOI) and RBI by way of not making adequate preparations for exchanging new currency with demonetized currency] in any genuine democracy should by this time have brought President, Prime Minister and his cabinet, Supreme Court Judges, RBI officials to justice [in the interest of protecting right to life and property under Article 21, 32, 300 A, 78, 56 (1) (b), 124 (4) of The Constitution and section 26 (2) of RBI Act and for killing people by GOI & RBI by negligence under section 304 A, 34 and 120 (B) of IPC]. But it did not happen which proves that India is unfit for democracy.
But this is not all. To add insult to injuries of helpless Indians now days GOI is doing the drama of cash seizure etc by Income Tax department during this criminal demonetization. Though when India did nothing about recovering Rs. ~ 1,000 Trillion Income tax from the people (who illegally showed their income as agriculture income) as mentioned at http://www.alwihdainfo.com/Now-India-bound-to-get-Rs--1000-Trillion-income-tax-as-Delhi-Police-steps-in_a31456.html it is any body’s guess that what will happen to the people ‘caught’ during demonetization with this illegal money or who have deposited huge amounts in banks (given the fact that same argument of agriculture income etc can again be used by these so-called offenders).
As far huge amount of new currency in tens of millions (especially when there is limit of Rs 24,000 withdrawal per week) most of the holders of huge cash in new currency cannot legally be booked under Income Tax Laws because the so-called offender can always (with the readily willing help of Income Tax authorities) show it as agriculture income as they did in said Rs ~ 1,000 Trillion Income Tax case.
Maximum the huge cash holder rather more so the bank official involved in this ‘illegal’ transaction can be ‘punished’ for VERY MINOR offence (or rather irregularity) of over-shooting the limit of the amount of cash withdrawal of legal money.
Similarly it applies to cash deposited in Jandhan Accounts. PM Modi without understanding the legality of the matter, in a public meeting, asked the economically-humble account holders to not return the money to the, owner of ‘illegal’ money (who gave them this money to be deposited in Jandhan Accounts). But PM Modi forgot that this deposited money can also be termed / claimed as legally acquired money from agriculture income.
Regards
Hem Raj Jain
(Author of ‘Betrayal of Americanism’)
Bengaluru, India
----- The on-going Hindu demonetization (which has already given-up its objective of eliminating black-money and has adopted new objective of cashless economy that too without improving the connectivity) has harassed and even killed people mostly from lower and backward caste of Hindu order (Muslims are more or less in these categories as out of cowardice they have already rendered themselves as second class citizens of India) and these people comprises ~ 80 % of India. On the contrary this criminal demonetization has left ~ 20 % upper rung of the country mostly unaffected.
This momentous decision of demonetization criminally taken without cabinet approval [which has unconstitutionally harassed and tortured the Indians by depriving them of their right to life, liberty and property and has even killed people by the negligence of Government of India (GOI) and RBI by way of not making adequate preparations for exchanging new currency with demonetized currency] in any genuine democracy should by this time have brought President, Prime Minister and his cabinet, Supreme Court Judges, RBI officials to justice [in the interest of protecting right to life and property under Article 21, 32, 300 A, 78, 56 (1) (b), 124 (4) of The Constitution and section 26 (2) of RBI Act and for killing people by GOI & RBI by negligence under section 304 A, 34 and 120 (B) of IPC]. But it did not happen which proves that India is unfit for democracy.
But this is not all. To add insult to injuries of helpless Indians now days GOI is doing the drama of cash seizure etc by Income Tax department during this criminal demonetization. Though when India did nothing about recovering Rs. ~ 1,000 Trillion Income tax from the people (who illegally showed their income as agriculture income) as mentioned at http://www.alwihdainfo.com/Now-India-bound-to-get-Rs--1000-Trillion-income-tax-as-Delhi-Police-steps-in_a31456.html it is any body’s guess that what will happen to the people ‘caught’ during demonetization with this illegal money or who have deposited huge amounts in banks (given the fact that same argument of agriculture income etc can again be used by these so-called offenders).
As far huge amount of new currency in tens of millions (especially when there is limit of Rs 24,000 withdrawal per week) most of the holders of huge cash in new currency cannot legally be booked under Income Tax Laws because the so-called offender can always (with the readily willing help of Income Tax authorities) show it as agriculture income as they did in said Rs ~ 1,000 Trillion Income Tax case.
Maximum the huge cash holder rather more so the bank official involved in this ‘illegal’ transaction can be ‘punished’ for VERY MINOR offence (or rather irregularity) of over-shooting the limit of the amount of cash withdrawal of legal money.
Similarly it applies to cash deposited in Jandhan Accounts. PM Modi without understanding the legality of the matter, in a public meeting, asked the economically-humble account holders to not return the money to the, owner of ‘illegal’ money (who gave them this money to be deposited in Jandhan Accounts). But PM Modi forgot that this deposited money can also be termed / claimed as legally acquired money from agriculture income.
Regards
Hem Raj Jain
(Author of ‘Betrayal of Americanism’)
Bengaluru, India
