Question

what is the main cause for production of black money?

Answer 1

I think that the main cause is Corruption. Hope l helped u... Plz mark as the Brainliest answer....

Answer 2

Hi friend_______,

★ Black money is funds earned on the black market on which income and other taxes have not been paid.

★ The unaccounted money that is concealed from the tax administrator is called black money.

Causes of Black money:

Several sources of black money are identified as causes.

• Shortage of goods.

• Licensing proceeding

• Contribution of the industrial sector

• Smuggling

• Tax structure