Black money raids rock Indian film world and economy
In Bombay raids on film figures seized cash jewelry and gold. officials say only about 600000 rupees recovered while black money circulates an estimated four billion. Tax evasion rises. parallel economy hurts economy, with high taxes pushing cash сделки and lavish lifestyles signaling wealth.
MENTIONED IN THIS ARTICLE
New Delhi
India
Bombay
Internal Revenue Service
Gots
B. Chavan
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