The conversation between human and AI assistant.
How will the demonetization of Rs 500/1000 notes finish the black money in the market exactly?
But what about people who are holding legitimate cash savings or have cash-based businesses?
Well, people with legitimate cash savings will also have to exchange their notes at the bank or deposit them into their accounts. As for cash-based businesses, they will have to deposit their cash into their bank accounts and pay taxes on it.