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BLACK MONEY INTO WHITE MONEY

BLACK MONEY INTO WHITE MONEY

Submitted by • June 28, 2019 moneyinvestor.net

Black money is the money which is earned illegally or the money which is not declared for tax purpose. It is unrecorded, unaccounted and unreported money. There is no exact estimation as to how much black money exists in the country, but there are various estimations regarding it, that run into lakhs of crores. According to experts, only 5 to 6 per cent of black money is in the form of cash. A huge part of it is in the form of real estate, gold and other precious metals, shares, benami property, etc. Here, we will discuss how to convert black money into white money? We are for supporting Black Money. But you should be aware of it, so that no one can use it to generate Black Money.

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