What does the government do with the black money collected in income tax and service tax raids?
Income tax get lots of black money through raids. Where does this money go?
How much black money is unearthed through demonetization? Money: How does the mafia cover up black money earned through illegal activities in a legal business? Is money demonetisation really working for black money? Will the demonetization of 500 and 1000 legal tender enable the govt. to unearth black money? Is it illegal to steal someone's black money, pay tax on it/ convert to white legally and use it? How will the scrapping of currency notes help to unearth black money? How much black money is recovered till now? How would CA convert black money to white money? Is black money prevalent only in India? If not, then is there any country which has successfully curbed the black money by demonetisation? If the black money gets accounted in banks, is it still considered black? How are people converting their black money to white money in India? How much black money recovered till now? Is demonetizing notes of 500 and 1000 a permanent solution to curb black money? Which country has the most black money? How much of the black money will be collected by scraping 500 and 100 notes? Do shopkeepers pay taxes in India? If so, how? And if not, is the money they earn considered black money? How much black money was recovered after 500 and 1000 rupees notes were banned? How will eradication of black money bring down real estate prices? How scraping 500 and 1000 rupee currency notes helps stopping future black money transactions? Will scraping Rs 500, Rs 1000 notes help in curbing black money? Where are social security numbers and identities sold on the black market? How will exchange black money of 500 and 1000 notes? In which country did not have black money? Is there any better alternatives than sudden & quick demonitization to curb the menace of black money? How will the recent move to declare 500 and 1000 denomination notes illegal will curb black money? What are some interesting reactions of people who you know own black money after the ban on 500 and 1000 rupee notes? If I have INR 1 billion as black money (cash). How do I convert it into white money? This comes after the banning of 500 and 1000 notes. Why won't people go back to hiding black money since new 2k and 500 notes are issued? What is Black Friday deal? Where can you buy counterfeit money on the dark web?