I m from mumbai and have seen a lot of builders asking for some black money (Avg- 30 to 50%) why is that….. what do they get with black money and what is advantageous to them this way???? also would like to know where does all this money go?
I am an individual and I do not have a registered company, I just help buyers and sellers meet. I earn a certain commission in this process which sometimes goes to few lakhs, is this commission taxable?
if we don’t have pan card scheme for non-tax payers, shouldn’t we introduce it to avoid black money accumulation. such a move will cover all people and avoid unnamed property being created?is such a scheme in any other country?if you like the idea, you are free to bring it before the media yourself.
whether the politicians are also having their black money in swiss bank or not and from where they got that money ?
what is the process they follow. why govt or central banks or authorities don’t know when they do it. what are the different ways people make it easily that no body can trace them while they are doing it or after when they are done.
our country.Thus it is correctly said that India is the Zoo of various types of Taxes.All multiple taxes should be replced and only one tax named NATIONAL DEVELOPMENT TAX should be framed? ”Do you agree with this?Suggest what steps should be raised so we can get rid off the problem of Black Money?
1.Swiss black money can take India to the top
2.Swiss Bank has agreed to disclose the Indian Black Money
3.Supreme Court: Govt should target black money hoarders..
Black money in foreign banks amounts to plunder of nation: Supreme Court
The Supreme Court today expressed displeasure over the government’s reluctance in coming forward with full information on the black money stashed by Indians in foreign banks
We all know that people from all over the world.Who indulge in corruption activities and Black money have easiest way to secure their money in swiss banks.