Wednesday, May 13, 2015

"Black Money" word a Racist says RS members




Parliament on Wednesday passed the Black Money Bill. The Rajya Sabha passed the bill after it was before gone by the Lok Sabha. The bill will now go to the President. Prior on Wednesday, individuals from sharp opponents Trinamool Congress and CPM said the term 'dark cash' is supremacist and ought to be changed. Taking an interest in a dialog on the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Bill, 2015, Derek O'Brien (TMC) focused on that the term dark cash ought to be called as "dirty cash" rather than calling it “Black Money”. Following the historical backdrop of authoring the term 'dark cash' to Europe a few centuries back, he said, cash that showed up in dark as it was blended with copper while stamping was called as dark cash. CPM pioneer Sitaram Yechury likewise underscored that the term dark cash was "rasist" and it ought to be supplanted with some other term.

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