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Dear Friends,

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.

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