Black Money in India
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143 comments Page 6 of 15.
Narender kumar said:
5 years ago
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.
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.
(54)
RAGINI GUPTA said:
5 years ago
First of all, thanks for this opportunity.
My point of view about black money is the illegal assets when we are not paying the taxes, or our assets is not in surveillance under the government (income tax). It is a big issue in our country as well as in other countries. We can't say this problem is in only our country. On other sentence is corruption is the main part of this problem. Today black money ' s issues are not only in the individual sector. Politics, business industries. Everywhere it is the main problem.
My point of view about black money is the illegal assets when we are not paying the taxes, or our assets is not in surveillance under the government (income tax). It is a big issue in our country as well as in other countries. We can't say this problem is in only our country. On other sentence is corruption is the main part of this problem. Today black money ' s issues are not only in the individual sector. Politics, business industries. Everywhere it is the main problem.
(10)
Shivam singh Rajput said:
5 years ago
Hello everyone.
Today we are going to discuss the black money. Black money means people who have gathered their money without pay taxes. For this reason, we are still developing country not developed country. Our country has approx 6% original taxpayers. For this reason, the government is not capable to make more plane to reduce the poverty and also our GDP going reduce day by day. We should be an honest taxpayer to develop our country otherwise richer will be richer and poor will be poorer.
Thank you.
Today we are going to discuss the black money. Black money means people who have gathered their money without pay taxes. For this reason, we are still developing country not developed country. Our country has approx 6% original taxpayers. For this reason, the government is not capable to make more plane to reduce the poverty and also our GDP going reduce day by day. We should be an honest taxpayer to develop our country otherwise richer will be richer and poor will be poorer.
Thank you.
(60)
Raja kumar said:
5 years ago
Hi good morning to everyone.
Our topic is black money. Black money is money on which tax is not going to pay the government. There are 120 lack crore rupees of India is deposited in a swiss bank which is black money and from all over the world it is 5 trillion rupees in the swiss bank which is black money and there are many sources of income on which public is not paying tax to the government. GST implication is a step towards collecting taxes. All the rupees comes from corruption is also black money.
Our topic is black money. Black money is money on which tax is not going to pay the government. There are 120 lack crore rupees of India is deposited in a swiss bank which is black money and from all over the world it is 5 trillion rupees in the swiss bank which is black money and there are many sources of income on which public is not paying tax to the government. GST implication is a step towards collecting taxes. All the rupees comes from corruption is also black money.
(28)
Kamal choudhary said:
5 years ago
Black money is money which asset by illegal works and bribe. In India, there is many illegal works by that many people earning a lot of money. And many businessmen and black money holders invest their money in foreign banks. It is also badly affected by the economy of India. Demonetization and Digital India program are the best steps taken by India govt which can reduce the black money and govt offer the black money holder to surrender their money it's 30% will be the tax and 70%of it will retain.
(26)
Akshay said:
3 years ago
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.
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.
(33)
Naitik said:
4 years ago
Hello everyone.
Black money is that type of money that is hidden by big politicians, businessmen, and others who are corrupt!
They hide this money by not paying proper taxes.
There are various sources of black money but I feel digitalising the currency is a good way to stop this kind of thing!
Our prime minister has started demonetisation, but it is not that helpful, only near 1trillion$ is seized!
So, we should step towards it & should've to stop this.
Thank you.
Black money is that type of money that is hidden by big politicians, businessmen, and others who are corrupt!
They hide this money by not paying proper taxes.
There are various sources of black money but I feel digitalising the currency is a good way to stop this kind of thing!
Our prime minister has started demonetisation, but it is not that helpful, only near 1trillion$ is seized!
So, we should step towards it & should've to stop this.
Thank you.
(14)
Rajesh Pasupureddy said:
7 months ago
Hello this is Rajesh.
Black Money is a word which consists of a lot of information regarding the Indian Economy which is GDP. As the Taxpayers most of them are poor and middle-class working men/women. But most of the higher-standard people just there ignore tax. That means there just hiding the black money because of them Middle-class and poor people are suffering. In India, if Black Money increases, the young generations' growth will worsen at a certain point.
Thank You.
Black Money is a word which consists of a lot of information regarding the Indian Economy which is GDP. As the Taxpayers most of them are poor and middle-class working men/women. But most of the higher-standard people just there ignore tax. That means there just hiding the black money because of them Middle-class and poor people are suffering. In India, if Black Money increases, the young generations' growth will worsen at a certain point.
Thank You.
(5)
Karan said:
6 years ago
Good morning all, today we are here to discuss the relevant topic of black money in India let us clear about the term what black money is, black money is the money of we all that should be paid to the Government as a form of Tax but it didn't, I really welcome the action taken by our PM Modi to ban 500 and 1000 notes that stunt really raised the first action against corrupt nation Congress from Year's they had looted in the rift, finally, we witnessed a new political era.
(23)
Ambika said:
6 years ago
Hello friends.
As we all know that we are discussing Black monkey. Firstly I will tell you in my way! What is black money? I think black money is illegally earned money or another way the money which is earned through illegal activity. Black money is used by the rich in various evil activities.
India also earns black money. It is illegal that's why our Country Today is developing the country.
Black money is a curse. It must be rooted out of public life.
Thank you.
As we all know that we are discussing Black monkey. Firstly I will tell you in my way! What is black money? I think black money is illegally earned money or another way the money which is earned through illegal activity. Black money is used by the rich in various evil activities.
India also earns black money. It is illegal that's why our Country Today is developing the country.
Black money is a curse. It must be rooted out of public life.
Thank you.
(19)
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