Oft time we come across a common word "Black Economy or Black Money". Do you know exactly what is Black Economy ?
Here is the answer -
Black economy refers to an economic activity which is officially non -existent but involves circulation of black money and as such, does not attract revenue taxes. As a result of a black economy a lot of loss of the public exchequer/revenue takes place.
Let us all strictly believe in our honest sources of earning/white money. Even otherwise any tax paid by us add to the funds meant for developmental work to make the nation richer and to be more n more progressive.