Black Money in India

Earning money by the illegal way that is back money.

There is a two type of money Frist is black money and the second is white money.

White money is earned by the legal way. White money is to pay the tax of government all type of tax. Government use the tax for developing the country.

Black money is earned by the illegal way like most of the people are not paying the tax. The black money is earned by in the form of land, bike, house and etc.

In the research, the government find many people's are saved there black money they opened their account in foreign banks and lots of India currency is deposited in the foreign bank. That is not good for our country.

The prime minister Modi Ji take action against black money they changed the note of 500 hundred or 1000 in 2016. This action is very good for retrieve black money.

Black money is earned in many ways this is not good for our country and also not good for poor people they face many struggles every time anywhere. They are not good enough for paying black money.

The government has tack more action against for black money.

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