How To Make White Money From Black Money In India. A report published in the reputed newspaper The Hindu in 2010 revealed according to unofficial estimates that Indians had over 1456 billion in black money stored in Swiss bank accounts roughly 14 trillion. Alternatively it may be used to acquiring property through a benami transaction or to pay the excess of the price over the recorded value of the transaction - in which case it.
Once upon a time it was difficult to launder black money but now it is very easy to convert it or launder it. Unlisted companies are used to make black money white. Give him the amount you want to convert your cash into white.
411 The problem of tax evasion and generation of Black Money is not new.
It is a method by which criminals mask their accumulated wealth. The Article is just to let people know about what others are doing to convert their Black Monet into white money currently in India. The main black money transactions in India take place in real estate manufacturing sector etc. Visit TOI daily earn TimesPoints.
