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Black money

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(Querist)
16 November 2014 what is the black money & what is the solution of it????
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Yogesh Shukla

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Yogesh Shukla (Expert)
16 November 2014 Income illegally obtained or not declared for tax purposes is known as Black Money.
In India, Black money refers to funds earned on the black market, on which income and other taxes have not been paid.

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