What Is really Black

Most of us in our younger times used to wonder what is black money,is it really black?As we grew older and older the black money also grew with us larger and larger.we pay a medicine for Rs 100 but don”t take the bill and allow the shopkeeper to generate some black money by withholding a portion of the sale proceeds from the tax authorities. We sell a part of our assets but donot fully account the sale proceeds and pay the applicable tax only on the accounted portion.Here we generate black money…the chain grows and to the extent that this process impinges on the revenue to be honestly going to the Goverment.Also we create an inequality among ourselves into haves and havenots all pointers of future disasters waiting to happen.Let us resolve to keep the color of the money in white only..let the Government print the notes in any color.

 

pichai