The Black Money in India and its Sources
                                                                                              The black money is is damaging the Indian economy and its all developmental work are becoming ineffective thereon. It very interesting to know  the sources of Black Money and from where it is generated
 1) The evasion and avoidance of ,Income Tax are the main sources of Black Money. Besides that the excess money which are generated outside the Income tax net are circulating n the market or being Illegally transferred abroad preferably to the Tax heavens.
2) The land prices which are very high are also creating black money. Hence in the Real Estate Industry  the Black Money transactions are on high side.Some time it is in high ratio of 70/30 i.e. 70% in black and 30% in white.
2) The corruption is also on high side in India. The corruption in administration and politics generate lots of Back Money which are also transferred abroad or invested in Real Estate
3) Besides that smuggling and illegal trade likes are also sources of Black Money.                                                             It is very difficult to control the same as very powerful, and influential people are connected with the same.  Therefore government is also finding it very difficult to check and to  trace it.
                                                                       However some of the world Agencies like' The world financial integrity, USA'  reported that  ' Thirty Four Lakhs Crores Rupees' of Indians  are lying abroad which are Black Money or Illegal Money. The Swiss Agencies also unofficially reported that thousands of Crore Rupees of Indians including of Indian politicians are lying in Swiss Banks. In view of above who will bell the cat.
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