Question

Black Money' is a/an_____​

Answer 1

Answer:

Answer:The simplest definition of black money could possibly be money that is hidden from tax authorities. ... If that 40% cash component is not reported to the Income Tax Department, then it is black money. A large number of small shops around the country almost exclusively do business in cash without receipts

Answer:The simplest definition of black money could possibly be money that is hidden from tax authorities. ... If that 40% cash component is not reported to the Income Tax Department, then it is black money. A large number of small shops around the country almost exclusively do business in cash without receipts

Answer 2

Explanation:

current affairs section of Black money