black money Archives | H&R Block | Blog
December 14, 2016

Demonetisation Gives Birth to Innovative Laundering Methods

From Black Money Act and Income Disclosure Scheme to Demonetisation scheme, government has left no stone unturned to demolish parallel economy. However, hardcore tax evaders have taken this as an opportunity to come up with new and increasingly innovative ways to launder cash. Some of […]
November 23, 2016
Would demonetization of 500 and 1000 rupees note help to reveal the black money?

Would demonetization of 500 and 1000 rupees note help to reveal the black money?

The reigning government has delivered another massive blow on the parallel economy in the ongoing war against it. In an unprecedented move, government demonetized Rs. 500 and Rs. 1,000 notes with effect from November 9, 2016. Black money is like the legendary Greek monster kraken […]
November 22, 2016
Demonetization Myths

11 demonetization Myths – Debunked!

Government is using demonetization as a weapon against parallel economy, corruption and terrorism. Although a lot of information regarding the same is easily available, it has been hard for people to differentiate between truth and myth. Today we will debunk the most common myths about […]
November 14, 2016
Effect on Demonetization

Effect of Demonetization on Indian Economy

Some economists say demonetization will adversely impact India’s economic growth even as others believe the disruption is unlikely to be significant. Here is our take on how demonetization will impact Indian economy. 1) Effect on parallel economy The removal of these 500 and 1000 notes […]