Question

how to convert black money to white ?​

Answer 1

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Sale of Jewellery etc. to convert black money in white money

Go to any known jeweller shop, hand him the black money that you want toconvert. Get a cheque of the same amount (minus his commission and taxes). He will also give you a purchase bill showing you sold your personal jewellery or diamonds to him.

Answer 2

Answer:

Go to any known jeweller shop, hand him the black money that you want to convert. Get a cheque of the same amount (minus his commission and taxes). He will also give you a purchase bill showing you sold your personal jewellery or diamonds to him. Also, you need not pay even capital gain tax on the amount.