Money Laundering Inputs
Money Laundering goes hand in hand with corruption and it is important that we understand all issues and causes and then discuss solutions that can be proposed to the Ministry of Finance and Enforcement Directorate to improve the current situation.
We look forward to your inputs,
Transparency International India more
Black money can be converted to white very officially and legally. KVP which was withdrawn as it was used to convert black money to white is revived.
You can go to Post offices with black money even without PAN buy Kisan Vikas Patra of any amount and you get double the amount in 8 years.
Full details go to link below:-
Money laundering is there because of the presence of black money. If there is no black money there is no money laundering. Demonetize and create a cashless society there won't be any more money laundering. more
I had recently come across of 2 such deals where the builders charged 20% of the price in black without issuing any money receipts and the black portion of the deals was recovered first. It is in every body's knowledge that this practice is in vogue in everywhere and in all metropolies and in big deals and no more its a secret matter. However, no one knows as to how such black moneys are accounted for by the builders/real estate developers and how they spend it. more