Black money is hot topic of common debate in the country now. This article explains in easily understandable way the various aspects of black money‚ starting with defining black money‚ generation of black money‚ how black money is washed and used as normal money‚ and need to tackle the black money menace‚ and other related aspects What does the term Black Money mean? Black money means‚the money or income not declared for tax to the govt or relevant authorities‚ and hence the tax for
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the History of Money or basically how money evolved. I know none of you like history‚ but I will make an attempt at making it as interesting for you as I can. The evolution of money commenced years and years and years…. And years ago! So here comes the definition. Intro: Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country. But‚ how did money come about? The history of money begins around 2500
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monetary and fiscal policy‚ thus overcome the complexity and reach the desired‚ stable condition that currently is vaguely at sight. In order to clarify the outcome of policy changes‚ this work will demonstrate‚ more precisely depict the increase in money supply and government spending through the combination of IS/LM/BP modeling‚ followed by Phillips curve as well (Lui‚ 2011). Main Body IS/LM Modeling The model is depicted in figure 1. Vertical axis represents interest rate (i)‚ whereas horizontal
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BLACK MONEY Definition Unaccounted-for and untaxed cash generated by dealingsin a black economy‚ black market‚ or organized crime.Holders of black money try to convert it into legitimate(’clean’ or ’white’) money through money laundering. unaccounted for Definition Adjective : lost without anyexplanation ExampleSeveral thousandunitsare unaccounted for in thestocktaking. BLACK MONEY IN INDIA | THE MENACE OF BLACK MONEY | THE TAINTED WEALTH IN THE COUNTRY | IMPACT OF BLACK MONEY ON INDIAN
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What Are the Factors That Affect Inventory? Often it is said that by avoiding process‚ design‚ operational and management problems‚ inventory can be avoided but it is not always so. These are some basic reasons for the growth of inventory which is not at all desirable by any firm. But there are many more factors which can lead to the growth of inventory and they need to be dealt with to avoid losses in the future. Some factors have long term impact on inventories so it is imperative to recognize
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Causes for Generation of Black Money There are several factors responsible for the emergence – of black money. It would be relevant to discuss those factors so that a correct understanding about the genesis‚ growth and expansion of black money can be made. The principal factors are: (i) Beginning of the evil: The beginning of this evil can be traced to the Second World War. During this period supplies of industrial goods from the traditional suppliers of the West were cut off. This resulted in
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Summary: Employer Support of the Guard and Reserve (ESGR) regularly fields inquiries regarding the Uniformed Services Employment and Reemployment Rights Act (USERRA) from service members employed by the Federal Government and from the Federal Government about a service member employee. A vast majority of these questions relate to the application of certain USERRA requirements at the Federal workplace. To add to the complexity of USERRA’s application in the Federal workplace‚ the Office of Personnel Management
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course: 22 ways of generating black moneyBlack money‚ according to the white paper released today‚ can be generated mainly under two heads: generating it by manipulation of accounts and generating it in some vulnerable sections of the economy. | | As promised‚ finance minister Pranab Mukherjee is out with the white paper on black money‚ which attempts to give an elaborate backgrounder on the generation of black money in India and abroad. Black money‚ according to the white paper released today
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Impact of the federal budget on the Australian economy To succeed you must; a) give a definition of the federal budget The federal budget is delivered in may of each year by the house of representatives and is delivered in two parts: government income/receipts (what the government earns) and government expenditure/outlays (what the government spends). The correct title to the budget is the Appropriation Bill 2006/07‚’ it is commonly referred to as the supply bill. The summary of the Appropriation
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The Federal Witness Protection Service has been around for over 45 years. The program has protected families and witnesses from harm and danger. Witness Protection is an important program to help put criminals behind bars. The program was established in 1970 under the Organized Crime Control Act. Although‚ the program officially began in 1971. The program is used to relocate‚ protect and provide new identities to witnesses of federal or state government cases. Since 1971‚ the program has relocated
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