Black Money in India

Hello everyone.

What is mean by black money?

Black money is the part of person who don't pay the taxes from earned income. In society as many of peoples including politician, industrialista and business are doing this same because they want to be save from the pay taxes. Because of this our country growth is going decreases. In many of gov sector still they are sought of money from people to terminating their deed and work. So it's not fault of government its fault of every single person who gives the money to corrupt officer to terminating their work. Black money still exsit in country.

Black money is a great problem in India. It is increasing day by day in India. It's main cause is corruption, bad politics. Human thinks that if he gets more and more money than he will become happy in his life and he will not sad in his life. The human becomes greedy day by day. So we should control this problem, choose a right government, thinks about our poor people.

Hello everyone.

Black money is unaccounted money many people of India don't pay Tax and dial each other without pay tax and also the helped government employee, politic leaders and also police to behave of some bribe because of this govt is not able to implement of the country and poor people are not able to get benefits.

Demonetization is good action agents the corruption.

So, we have to stand agents the corruption.

Good morning friends,

I am discuss about 'Black money in India'. I start this topic. People are seen that every department is hungry for money which corruption increases. Black money is example of corruption. That is increasing day by day. Black money is that money which government is not got form tax by people. In India 80% people belong to middle families and poor families, these people do give the tax the government and 20% people these people do not pay the tax that is poison for economic of our country. It is the reason that economic growth is not increasing.

Thank you.

Black money makes the richer men richer and poor people as the poorest.

So black money should not be reduced it should be avoided.

Hello everyone.

Black money is a collection of money which comes from the bad jobs. Nowadays corruption is increasing day by day. Specially.

It occur in the politics and also other field like sports. It can be reduced by creating a law.

Hi friends,

Avoid black money in India we are using digital currency. Because businessman correctly pays for tax in government. So stop the black money, We use the white money. We are creating great & wonderful India.

Thank you.

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.

It will effect Indian economy in relating to growth. Rich people will become rich and poor people will become poor.

According to me, first, we should honest after blame to other we are not seeing ourself maximum people educated yet they do not pay tax.