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How black money is produced?
When a person does not declare his total earning correctly to avoid income Tax or other duties the money becomes black money. Bribe Money is also considered as Black Money.
Black money is a euphemism for?
Income earned illegally, usually in cash and not reported to the government so as to avoid paying taxes
When was Black Money created?
Black Money was created in 1966.
How black money stored?
Black money is something used in India. It is what money that is earned on the black market is called. This money is often stored in Swiss banks.
How can one avoid money wiring fraud?
There are many ways in which one would be able to avoid money wiring fraud. One could ultimately avoid this situation by not wiring money to someone that they haven't met in person.
How much total black money in India?
there are 1,456billion$ black money in India
How much Black money in India?
Black money in India is $1,456 billion
What is the chemical to clean black dollars?
There is no chemical that can clean black dollars. This is a common scam where fraudsters claim to have a special solution that can clean stained banknotes. It is best to avoid any offers related to cleaning black money as they are usually illegal and fraudulent.
How do black widows avoid predators?
they eat them
Can you avoid black holes?
No. If you get to close, you are out of luck!
How do you get this black money out?
Use a black cash machine.
How do you convert white money into black Money?
Black money is Total money minus White money. White money is Total money minus Black money. In todays India everyone have lots of Black Money with them. It is common phenomenon that most of the people converts or they want to convert their Black Money into White Money. 1. Black money can be convereted into White money by donations to PM funds, National emergency fund, Forming educational institutions and trusts. 2. Go to a Jeweller and give him the amount of Black money you want to convert it into White money. He would give you a Cheque back for the same amount less 4%. He would give you a Reciept to show that you have Sold Jewellery to him. On the amount of the cheque when you file your returns you will have to pay capital gain tax. The money is White now.
