The conversation between human and AI assistant.
Indian Political parties can deposit old currency notes, just it need to be under 20,000 per deposit, is this not how black money laundering works?
Well, typically people try to conceal the origin of money obtained through illegal activities like corruption or tax evasion by depositing these funds into legitimate channels. Depositing small amounts at a time avoids suspicion and makes it harder to trace the illegal money.
I see. Yes, that does sound like a potential risk with allowing political parties to deposit old notes under a certain amount.