Stop Making Black Money
Wednesday, February 9, 2011
Monday, February 7, 2011
India's Black money Estimated
India's Black money estimated in swiss bank is Rs.358,679,863,300,000 (estimated to b 1.4 trillion dollars) this money belongs to only "2000 Indians" who have kept it there to evade from tax. This money is enough to become 10 times as big as america and become one of the most powerful developed country in the world for next 100 years....
Recently in 2g spectrum scam , CBI have released that 400 crores have been earned by illegal means.
Sunday, February 6, 2011
What is Black Money
Money accumulated by way of illegal transactions without declaring it for tax purposes.
Income, as from illegal activities, that is not reported to the government for tax purposes.
Now a days black money is increasing in all countries and maitaining their accounts to shift their transactions in the swiss bank.
Keeping black money is a "CRIME" according to all country goverments.
So, goverment has given a statement to stop making black money and pay the tax to the goverment accordingly
Income, as from illegal activities, that is not reported to the government for tax purposes.
Now a days black money is increasing in all countries and maitaining their accounts to shift their transactions in the swiss bank.
Keeping black money is a "CRIME" according to all country goverments.
So, goverment has given a statement to stop making black money and pay the tax to the goverment accordingly
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