4/16/2023 0 Comments Black economy india arun kumar pdfIf black money is declared by individuals or corporate houses as income, it becomes legal and would be taxed at 30%. According to the latest estimate of Central Statistical Organisation (CSO), the size of the Indian economy is around Rs 61,64,000 crore.The CPI ranks countries according to perception of corruption in the public sector.The 2010 CPI draws on di.This ‘sin’ economy, comprising fake and counterfeit products, smuggled and pirated goods, unauthorised gambling, bribery and prostitution, among a host of other sinister activities that go unaccounted, has a draining effect on the economy.
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