• The ultimate aim of doing all the illegal and

unlawful activates like smuggling, corruption,

evading from taxes and duties etc… is to attain
money and that attained money cannot be shown
in the accounts also. So, where these money
were gone?

• Our Honorable Ex-President Dr. A.P.J. Abdul

Kalam believed our country will become a
Developed Nation by the year 2020. But with the
Black Money that our Indian’s stacked in foreign
banks, we can become a developed country in
2010 itself.
• If black money deposit was an Olympics
event, India would have won a gold medal
hands down. The second best Russia has 4
times lesser deposit. U.S. is not even
there in the counting in top five! India has
more money in Swiss banks than all the
other countries combined.

• India with $1,456 billion or $1.4 trillion

has more money in Swiss banks. It is one
of the biggest loots witnessed by mankind
• This amount is about 13 times larger than the
country's foreign debt. With this amount the
entire foreign debt can be repaid in 24 hours

• With this amount 45 crore poor people can

get Rs. 1,00,000 each.

• If this surplus amount is invested in earning

interest, the amount of interest will be more
than the annual budget of the Central
government
• Evasion of taxation in various forms
• High level corruption
• Real estate transaction
• Excise duty evasion
• Customs duty evasion(import)
• Evasion of sales tax
• Smuggling
• from exports
• From public expenditure
• educational institutions
• from private corporate investors
• Film industry
• Professional income
• Selling of licenses and permits
• Others like gambling, bribes, financial transaction, HAWALA,
prizing, coaching classes etc.,
• Beginning of the evil
• Controls and licensing system
• Tax structure
• Donation to political parties
• Ineffective enforcement of tax laws
• Generation of black money in the public
sector
• Ceiling on depreciation and other
business expenses
• Donation to Charity (Anonymously):
• Altering the Source of Income
• Using the money for Fraudulent
Transactions
• Investing in Movies
• HAWALA
• Through Real Estate
• Affecting the GDP Growth
• Greater Burden to Honesty Tax Payers
• Inflation
• Impact on Society
• FIU (Financial Intelligence Unit) to Track
Black Money
• Government’s Effort on Chasing Black
Money
• Committees Formed by Government
against Black Money
• Whatever rules and regulations that our
government put in to action to eradicate the
Black Money, our peoples will find a loop hole to
do the same mistake again. So, the total
eradication is in hands of the Citizens of India.

• If this situation persists the “Rich with get richer

and the poor will become poorer”. We, the
Citizens of India should help our Country to
Develop by killing the evil Black Money, that itself
will lead to reduction of the unlawful activities like
corruption, tax evasion etc. and lead our country
to the mark of a Developed Nation.