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The older we become the more understanding we get that it is only a fiction. Another major reason is growing population in Delhi, which results in growing number of workforce. People from far off places rush towards big..
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Search thousands of model essays to help you refine your thesis, get inspiration on paper topics, and battle writers block. Bogard knows the power of darkness and through his childhood memories, we lean our ears to listen to him...
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Essay on black money in kannada pdf


essay on black money in kannada pdf

in widening of tax base and direct tax collections. But if you failed to declare the undisclosed income (cash deposits during the demonetisation period) under pmgky and are subsequently identified by the tax department, then you will have to face the following consequences: If you are able to relate your deposits to any specific. People must not see it as a burden. It turned out that more than 99 of demonetised currency came back to the RBI and was accounted for. The government has given the tax evaders many opportunities to come clean through the Income Declaration Scheme and new Taxation Laws (Second amendment bill). The decision had mixed reactions from the public.

This is the reason why professionals who earn more tend to hide their income so that they dont have to pay tax. Black market: The good supplied in the black market are another source of black money. The old notes were removed completely from circulation. Advantages of Demonetisation, if we are to believe the supporters of demonetisation, the government has successfully completed its demonetisation drive and the Indian economy has made some major gains. There are international smuggling rackets which facilitate this kind of trade. It is hidden from the government just to keep it exempted from tax. The sale and purchase of properties must be thoroughly monitored by the IT officials to ensure that people do not hide any black money in the event. It is in various forms like shares, bonds, securities, or other forms of instruments. Thousands of crores of rupees lie idle in lockers and benami accounts making no contribution to the development of the country.

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