Black money

Black money is major problem of country.

1. Black money is: - The currency use in ‘black economy’ -The money that is generated by illegal activities or under ground activities like drugs dealing , weapons trading that are kept secret in the sense that these are not reported to the authorities. As this money is also not accounted to the fiscal authorities. - generaly received in cash form.

2. Reasons for generation of ‘Black Money’ Taxes Political activity Law property in documents Basic needs Legal activity Etc.

3. Reasons for generation of ‘Black Money’

4. Reasons for generation of ‘Black Money’

5. Reasons for generation of ‘Black Money’

6. Reasons for generation of ‘Black Money’.

7. Reasons for generation of ‘Black Money’

8. Reasons for generation of ‘Black Money’

9. Sources of ‘ Black money ’ Gambling False income statement Drug trafficking Weapons trading Terrorism Selling counterfeit or stolen goods Selling pirated version of copyrighted items such as software and musical recordings. Etc.

10. Black money weather deposited in S wiss banks or save at home .but in home it is risk therefore most of people deposits their money in S wiss banks. Our country has lots of black money , most of money of politicians , businessmen , diamond traders etc , India cross its border after 1947.

11. Indian B lack money in S wiss banks:   70 Lakhs Crores Rupees Of India Are Lying In Switzerland Banks . This Is The Highest Amount Lying Outside Any Country, From Amongst 180 Countries Of The World, As If India Is The Champion Of Black Money . Swiss Government Has Officially Written To Indian Government That They Are Willing To Inform The Details Of Holders Of 70 Lakh Crore Rupees In Their Banks, If Indian Government Officially Asks Them . But The Indian Government Has Not Sent Any Official Enquiry To Switzerland For Details Of Money Which Has Been Sent Outside India Between 1947 To 2008.. The Opposition Party Is Also Equally Not Interested In Doing So Because Most Of The Amount Is Owned By Politicians And It Is Every Indian's Money.

12. Indian Black money in Swiss banks: 2015 HSBC leaks In February 2015,  Indian Express  released the list of 1195 Indians account holders and their balances for the year 2006-07 in  HSBC 's Geneva branch . The list was obtained by French newspaper  Le Monde  and included the names of several prominent businessmen , diamond traders and politicians .   The number of Indian HSBC clients is roughly double the 628 names that French authorities gave to the Indian Government in 2011.Indian government said it will probe this matter .  The balance against the 1195 names stood at Rs . 25,420  crore .  (Quarter of a  trillion  Rupees, or about  4 billion USD )

13. If Black money come back The black money reserves are 13 times greater then our foreign debts and we can clear them. We can see that every house in the country with current. We can have water supply for all the rural areas. We can distribute money for every village for development and they can be turned into metropolitan villages. We can create employment for lakhs of unemployed youth. No needs to provide taxes for many years to governments. We can create goods roads in villages also.

14. If Black money come back There are also some problem begin , if all person have good amount of money then possibility of create inflation. possibility of crate economical chaos. Rupee may get devaluted . But if government use those money for development and not distribute in people then its not heppen .

15. Our government not take any action for this . We all know any governmental work is not complete without money , and many people think that if we give money then our work complete easily therefor it is not wrong. It’s means those people support to corrupted peoples. The only way to return back money is changing government and youth who has passion towards the development of India will enter into politics.

16. Black money has created a big black hole in the I ndian economy & the entire burden is beared by the common people of I ndia. To stop corruption which creates black money, we the people of I ndia have to come forward to fight against corruption.

17. Thank you