parallel economy 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 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 […]