Gold business and excise duty:
Let us face. This business is younger brother of realty in terms of black money. Huge cash exchange hands in this business. If government is determine to put plug on black money, it should see that transparent transections are taking place. If a person can buy 2 lacs gold why he can not have a Pan card? Of course these are painful decisions, but government can not control black money without such painful actions and government must do it for the good of nation and poor. All must remember that greatest difference between rich and poor exist in India. This is because government afraid of taking painful decisions in last 60 years.
Let us face. This business is younger brother of realty in terms of black money. Huge cash exchange hands in this business. If government is determine to put plug on black money, it should see that transparent transections are taking place. If a person can buy 2 lacs gold why he can not have a Pan card? Of course these are painful decisions, but government can not control black money without such painful actions and government must do it for the good of nation and poor. All must remember that greatest difference between rich and poor exist in India. This is because government afraid of taking painful decisions in last 60 years.
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