So now anyone who doesn't worship Modi is anti-national hoarder?
Anyone who have cash for emergency purpose is a hoarder? Is cash illegal?
99% of my money is in bank, less than 1% of it is cash; out of which only a small fraction is INR. I require it for travel and emergency purpose.
Andhi Bhakti is not allowing you think rationally. Good luck with the jumlas, now that Modi has confiscated our money... he is sending you 15 lakhs soon.
You can't factually rebut my answer so you are down to rhetorics.
> So now anyone who doesn't worship Modi is anti-national hoarder?
By all means worship Modi as much as you want and you still won't get your cash back. What you did is sheer stupidity. Keeping so much INR as cash-on-hand in a country where it enjoys no legal status is ridiculous. Even the RBI guarantees apply only if the cash is within the confines of Indian territory. It's jurisdiction does not extend to the United States. That's the reason NRI's have to visit India to exchange cash. This law was made by Modi's predecessors who ruled India for 65 years.
> Anyone who have cash for emergency purpose is a hoarder? Is cash illegal?
Cash outside India is not recognized as legal tender by the RBI. It is not Modi who made that Law. You keep 1% or 10% for so called "emergency purpose" it doesn't matter. Once it is outside India it is as good as a piece of paper.
Which "emergency purpose" does cash become valid outside India? You can't use that cash for anything. It is not recognized as legal tender in USA.
I have never had to keep greater than 10,000 rupees cash-on-hand at any given moment. Even during emergencies. Credit/Debit card is more than sufficient. All hospitals accept Credit/Debit cards. My Credit/Debit card works in any country I travel to. When in India I can use my cards for travel/emergency purpose as well. The only places where I actually need cash is for street vendors and the rare case where I take autos/buses instead of Uber/Ola. I don't need freaking 1.5 lakhs for this. I can do well with a few hundreds. Who are you trying to fool my friend?
> Andhi Bhakti is not allowing you think rationally. Good luck with the jumlas, now that Modi has confiscated our money... he is sending you 15 lakhs soon.
Rationally? You think keeping 1.5 lakhs cash-on-hand is "rational"? If I had so much money as cash-on-hand I would always be a worried man. I wouldn't want to lose it or have it stolen.
There are no jumlas. Your stupidity is the reason you lost that money. I would understand if a chaiwala in India had so much cash-on-hand. That's the reason the Government allowed upto Rs. 2.5 lakhs to be deposited without being questioned (but that will definitely be audited by the tax authorities). But an educated NRI, who is not even living in India, having that much cash is beyond me.
Anyone who have cash for emergency purpose is a hoarder? Is cash illegal?
99% of my money is in bank, less than 1% of it is cash; out of which only a small fraction is INR. I require it for travel and emergency purpose.
Andhi Bhakti is not allowing you think rationally. Good luck with the jumlas, now that Modi has confiscated our money... he is sending you 15 lakhs soon.