Posted by: Everest8448 November 12, 2016
Ban NRs 500 and NRs 1000 in Nepal
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If the government has gut and can ban NRs 500 and NRs 1000 bill, then billion of money who had kept underneath of bed, heavy safe/vault through rampant corruption will be turn as like a paper by sucking deprived, poor and tax payers money. It might be more than 2 trillion nepali rupees kept in private safe/vault by business person, so-called political leaders in the black market to manage money laundering aka Hundi.

This will be great turn around to capture black money, corruption money and bring into tax bracket for all people by banning NRs. 500 and NRs. 1000.

But there should be mandatory tax id and declare source of income before exchange or deposit into bank account.

Each so-called Nepali leader will be trouble if they ban those two denomination.

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