Ban on Rs 500 and Rs 1000 notes was a shock to India, not because people were against it, but because, it happened without any sort of advance notice. This was surely a reason to worry for all those who possess black money in excess. This announcement hasn’t hampered people who have limited cash i.e. 20-25k at home, but has surely shattered the ones who have stored a lot of cash at home.
As soon as this announcement went viral on social media, there were some sarcastic trolls saying “Businessmen will get heart attacks”, but wait, this statement has turned out to be true. Yes, a businessman from UP’s Faizabad having Rs 7 lakhs cash at home, actually got a heart attack after hearing the news.
Yes, according to reports by ABP news, a man died of heart attack as soon as he got to know about this move of the PM. Being a businessman, he had a lot of cash stocked at home and this is what scared him.
After hearing the news, he complained of pain in the chest, after which the family members admitted him to the hospital; but there, he was declared dead by the doctors. However, he could have thought patiently and got the money deposited in the bank instead of panicking this way.
Actually there is no need to worry, because government has announced various provisions for citizens having old notes of Rs 500 and Rs 1000. To deposit this cash in their bank accounts they have 50 days i.e. from 10th November to 30th December. New notes would be circulated from the 11th of November and old notes can be exchanged easily.
Moreover, if proper proof of income is showed, they wouldn’t be questioned by Tax Department too. We saw many people unnecessarily worrying about this issue, but why take stress when everything is possible smoothly and in a hassle-free manner? Government just announced ban on notes, it didn’t say that all money that people have at homes would be scrapped!
What is your take on this? Do share your views in our comments section below!
