You must be thinking where will OLA and Uber keep their black money. So actually uber and OLA does not themself generate black money but instead they lead to the transactions which does not have any records and thus Indian Government does not get any taxes on those transactions. HOW?
Tag: black money
How discontinuing 1000 and 500 rupees notes will affect the people, the black money holder and the RBI
It has been announced that now 1000 and 500 Rs notes will be discontinued. This is done with the vision to get out the black money. So how this will get back the black money. 80-90% of black money which is in Cash will be in these notes only so if it is discontinued either