Real Estate Laundering – Where does it Start?
Black money is unaccounted money. The money for which taxes are not paid. According to certain estimates, India generates close to Rs. 1555 thousand crores of black money. However, this is just an estimate and that too was made in 2011.
But honestly, nobody knows, even the government does not know. Can we say in percentage? Is it 10 percent of India’s economy, is it 20 percent, or anything else? No one knows. We can only speculate. Real Estate......
