Question

Effect of tax avoidance and evasion to econimic develooment in india

Answer 1

1) Tax evasion has been causing reduction in country's economic growth

2) The direct effect of tax evasion is the loss of revenue, and increase in inflation

3) Impact on morale

4) Increase in corruption

5) Increase in prices of land and houses

6) Black money has resulted in transfer of funds from India to foreign ...