Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.

There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Friday, 11 August 2017

A Pen – Ultimate Solution

Economic Times ( 10 Aug ) carries following news report :

“  Aadhar May Become the Gatekeeper to D Street Soon “

Aadhar may soon become mandatory for buying shares and Mutual funds

The Government and the SEBI are planning to link Aadhaar to financial market transactions to try and curb sharp practices such as , CONVERSION OF BLACK MONEY INTO WHITE , through the stock market

It is not clear whether Aadhaar will replace PAN as the sole identification number for financial market transactions

DNA MONEY ( 13 Oct 2016 ) has following screaming headline :

" Rs 30 lakh*crore black money in stocks : I-T

I welcome this initiative

But if the government wants, not only to extinguish the existing stock of BLACK MONEY but also put a  FULL  STOP  to future generation of BLACK MONEY , then it should seriously examine my suggestion :

12  Aug  2017