India Today: Watch how some profited out of black money in the past two days
Several hoarders of black money, found ways and means to sell it off, while buyers profited. In the past couple of days, some shady dealers, exchanged black money, for lesser denomination notes. They took 10 to 100 rupees notes in exchange for high denomination notes, but at a cost. For example, they took Rs. 600 in exchange for Rs. 1,000 note. They took Rs. 300, exchange for Rs. 500 note. And what did the buyers do with the old notes? They deposited the money in banks, paying income tax and securing the rest.