Saturday, November 12, 2016

TsuNaMo - an abrupt act of demonetization

Let them have cake she said and the entire nation revolted. Take away their cake and an entire nation rejoiced. TsuNaMo hit India a few days ago, sent us all to our cupboards looking for the wads of notes tucked away for a rainy day. It wasn't all necessarily black but somehow the wave that hit us had colored it black. Several called their accountants and learned of a term called "cash in hand", counter-intuitively, the cash in my hand was not cash in hand, the taxman saw it differently, we were told. Panic stricken we went to piggy banks and became the beneficiaries of a child's benevolence, the riche were now penurified!! TsuNaMo

No comments:

Post a Comment