Black Money in India

Now a days black money is increasing very fast in India. If Government will not take action on black money, India never develops like other country. So, it is important to take serious on black money.

Hai everyone I am Deepika,

Black money is one who did not pay the tax properly to the government. Most of the richest persons have much black money other than the white money. It is a illegal one. Such persons are respond to severe punishment. Then the government can't able to provide any suffecient offers for people. These will affect only the middle class and poverty peoples. Black money develop the richest persons going to rich and down the poor peoples going to down. So, avoid using Black money and paid the tax regularly. This will make our country to good and also we should provide the sufficent process to the poor peoples. It will make the poor people to get good development in our country.

Earning money by the illegal way is back money.

Black money in India is a serious problem. Corruption is happening at all levels of government and organization structure in the country which affects our country's economy badly. A few years ago, Modi Government launched "Demonetization" which was a noble move to curb corruption but it did not make a meaningful impact and now we need better methods to reduce the use of black money in the country.

We have found ways that do not negatively impact the economy of our country. A beneficial move would be to transition into digital currency which is more traceable and safe too and also environmentally friendly. It would not affect the country's economy instead do more good.

Hello everyone.

In my opinion, black money is nothing but money earned through illegal activities or through activities where the money received is not disclosed to the government, mainly to evade tax.

Black money is a big problem that India is facing for a long time now. In fact, it is the problem of many countries around the world too.

In order to conclude, the government should thrive more on cashless transactions and the government was successful in introducing UPI in the country.

Hi every one.

In my point of view this is one of the reason for India to be still devolping nation. By doing illegal activites and earning black money rich people are becoming more rich poor people very very poor. There must be a change. 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.

In my opinion, Black money occurs crime or accident s because a person who earns black money then he will go to the wrong way to earn extra money which is known as black money. Black money creates corruption which is more harmful to every person.

Black money is one of the major issue which is going without a problem. As earlier everyone spoke about it we as an individual must take a step forward for ending this everlasting problem. I could like to finish my discussion by highlighting a sentence "GOVERNMENT DOES NOT CORRUPT PEOPLE, ITS PEOPLE THAT CORRUPTS GOVERNMENT".

Good evening/morning/afternoon to all.

Let me put some light on black money. When you earn money from a legal source but don't pay the tax on that money and try to hide and keep the whole of it then that kind of money is called black money. Also, when money is earned from an illegal source then it is called as illegal money and also falls in the category of black money.

Black money is the bitter and naked truth that the whole world is facing. Especially India. Money in the number of billions is sent outside or has been hidden by our own people to save the tax. Our own people have become greedy and selfish and that is why our country in not progressing as faster as it is expected. However, our government has taken some serious steps towards the black money issue by demonetisation and by linking every bank account to the Aadhar number. But I think our citizens must also understand their responsibilities and should pay the taxes honestly.

Thank you!

Hi friends.

In my opinion, the black money is illigal source to collect money, who give no tax they collect black money and other activities collect money, our PM Modi has taken good decision to notebandi, the people who catch by the government they collect black money.

Hello, everyone.

I am going to tell something about black money, that money which is without paying taxes is called black money. We should help our nation with pay taxes. I end my discussion with saying some harsh truth GOVERNMENT IS CORRUPT THE PEOPLE, IT IS PEOPLE THAT CORRUPT THE GOVERNMENT.