English, asked by chocogirlsowji3906, 3 months ago

What is the black money and how is it produces

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Answered by ItzAshleshaMane

Answer:

Black money includes all funds earned through illegal activity and otherwise legal income that is not recorded for tax purposes. Higher amounts of black money in the economy often lead to increased corruption. On the other hand, black money can reduce the negative impact of oppressive laws.

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