Black money has fallen, says Pranab's White Paper
May 21, 2012  13:01

Early feeds on what the White Paper on black money holds:

 
-- Multi-pronged strategy needed to deal with generation and transfer of black money.

 

-- Vodafone tax case provides instance of misuse of corporate structure to avoid payment of taxes.

 

-- Five-pronged strategy adopted by government to deal with menace of black money yielding "good results".

 

-- To check black money, government may provide tax incentives on use of debit/credit card as it leaves audit trail.

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