Black Money in India

Hii everyone!

Today our topic is Black money in India.

I consider that black money is an illegal asset and black money is increasing especially in our country day-by-day. Our prime minister, Narendra Modi take the very good decision of 'demonetisation' in our country to decrease black money from India. And after it, black money is increasing again and again. I think the best way to let it down is the digital transaction and this is the best way to decrease the increasing black money. By online transaction of everything. By which there are very fewer possibilities of black money because there is are not able to store it and peoples who collecting black money they also not paying tax of that black money.

Finally, our government wants to take better steps towards these problems.

Thank you.

Hello everyone, today we are gathered here to discuss on the topic of black money.

In my opinion, black money is money earned through illegal activity by not paying taxes on time. This is one of the major reason for corruption in India and Our PM Narendra Modi took a beautiful move by banning Rs. 500 and Rs. 1000 notes. I think this is the best move till now in politics. Black money can vanish only when every citizen think for a better and clean India. It is the duty for every citizen of India to pay taxes for countries development.

Thank you all.

Hello Everyone.

My name is Narender Kumar. Thanks for giving me this golden opportunity to discuss on the BLACK MONEY.

Black money means, the money is earn/collect without paying of tax and illegal way.

Due to the black money in our country increment of poverty and corruption.

Due to the black money the GDP of our country is also reduce.

Due to the black money rich becomes richer and poor becomes poorer.

Black money is earn from the black market.

Black money is the widens gap between rich and poor.

Thank you.

Black money is a serious problem. Because all the corruption occurs for this black money. Corruption in example unpaid tax, price products increased.

Hallo everyone.

Black Money stands for not giving taxes to Goverment that lead to hamper in Nation development. This is the good move that is 'Notebandi' that taken by Goverment of India it reduces black Money in India.

The money earned from the black market it means earning money illegally.

1) unaccounted money.
2) unpaid tax, Etc.

These activities are illegal. The present black money reached up to 7k cores.

In my point of view, this is one of the reason for India to be still developing nation. By doing illegal activities and earning black money rich people are becoming richer, poor people very very poor. Even after banning of 500, 1000 there is no change. Political leaders must change and even every individual must change to make India as a black money free nation.

Earning money by the illegal way that is back money.

There is a two type of money Frist is black money and the second is white money.

White money is earned by the legal way. White money is to pay the tax of government all type of tax. Government use the tax for developing the country.

Black money is earned by the illegal way like most of the people are not paying the tax. The black money is earned by in the form of land, bike, house and etc.

In the research, the government find many people's are saved there black money they opened their account in foreign banks and lots of India currency is deposited in the foreign bank. That is not good for our country.

The prime minister Modi Ji take action against black money they changed the note of 500 hundred or 1000 in 2016. This action is very good for retrieve black money.

Black money is earned in many ways this is not good for our country and also not good for poor people they face many struggles every time anywhere. They are not good enough for paying black money.

The government has tack more action against for black money.

Hello everyone, today we are gathered here to discuss the topic of black money.

In my opinion, black money is money earned through illegal activity by not paying taxes on time. This is one of the major reason for corruption in India and Our PM Narendra Modi took a beautiful move by banning Rs. 500 and Rs. 1000 notes. I think this is the best move in politics. Black money can vanish only when every citizen think for a better and clean India. It is the duty for every citizen of India to pay taxes for countries development.

Thank you all.

Good evening all of you.

Now, I would like to talk about the topic, which has been given to me.

In my opinion, black money like a horror reality of my country rich people is not paid the government tax.

And that effected on the poor people. They have mostly faced the hunger and indigent sorrow of their life.

Thanks.