Sociology, asked by varshasantosh012, 4 months ago

what does black money mean?​

Answers

Answered by harithasrib2001
0

Answer:

Black money includes all funds earned through illegal activity and otherwise legal income that is not recorded for tax purposes. Black money proceeds are usually received in cash from underground economic activity and, as such, are not taxed.

Answered by RajashreeBG
1

Answer:

Black money includes all funds earned through illegal activity and otherwise legal income that is not recorded for tax purposes. Black money proceeds are usually received in cash from underground economic activity and, as such, are not taxed.

Explanation:

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