Hidden facts about the black money

-Abbhirami


Estimation of its availability is only approximations, when it comes to black money . According to NIPFP, National Institute of Public Finance and Policy, a quarter is enough to raise India's GDP. The reports revels that the source of black money are –the mining business, property transactions, private education and government subsidies. It is primary to take effective steps to stop this. Taxation polices are to be reviewed and amended if necessary. Hard and fast rules are to be step up to curb these. It must be made mandatory to show their income tax reports properly to the government and it must tighten its system and process.
 

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