Write Difference Between Money And Black Money Nowadays

[Kian]

Write Difference Between Money And Black Money Nowadays

[luther]

Tax free money is black money & tax paid is called white

[Teris]

Under the table where it is dark is called black money....above the table where light reaches is called white money

[Dong-Sun]

Money has only one color i.e. GREEN, if there is something called Black or White money then it should be noted that very few people get rich with White money. Anyone have any idea how the Government takes people's hard earned money through multitude of taxes.

[Jokul]

Money that is reflected in the books is WHITE MONEY, and anything other than that would be counted as BLACK MONEY.

[reuben29]

Money is a way buying &selling .if the money is hidden from govt tax then it is way to drowened the wealth of own nation

[Labhruinn]

An income which is not declared(or is hidden) from the tax department is referred as black money. Black money is normally generated from a cash transaction and not coming from a source like a bank transfer, cheque or a draft. Money - The posesser of money can prove(legally and financilay) the origin of that income. normally it is tax paid or income declared to the tax department. In general Money is any good or tokens that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and in settlement of debts. Nowadays, money defines a tax paid receipt.

[Baldwinn]

Black money means income undeclared to tax authorities. In practical sense, if one gives/ accepts bribe of even five rupees, that generates black money of Rs.5/-

[pannoowau]

Mone is money and black money is also money.

[Farand]

Black money is what is unaccounted,then and now.its a fiscal crime against the economy of a country.