English, asked by saniakha341, 4 days ago

The black money and black economy. what is the 'round tripping' of money?

Answers

Answered by pandasoham2002

2

Explanation:

Round tripping involves getting the money out of one country, sending it to a place like Mauritius and then, dressed up to look like foreign capital, sending it back home to earn tax-favoured profits. Foreign direct investment (FDI) is one of the legal channels to invest in Indian stock and financial markets.

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