When the retired IAS officer has shown to deal with ₹ 14 crore Farmland deal, only a small part of the money. The rest – an amazing thing ₹ 10.5 crore – change the cash, counting in a quiet interior hours. This is not a lonely case. In spite of many years, India’s cigital cigitalization – especially land transactions – remain a shelter for black money. From Bene ownership with famous sales values, the system gap continues to promote protection from tax audition.
Recently conversation about a black money discussion in Indian authorities, especially in wood transactions. « The amount of black money in agricultural land offer is amazing, » Write a user, share your own account.
The meeting once had purchased our land; The agreement is pedged at ₹ 14 crore, but only just as much as the only 3.5 crore was transferred through the bank. The rest of the 10.5 crore paid in cash-count for five hours in private banks using the three-time bank trader.
« While I was a wishful wish before, I was very scared to how many people had received the cash. » « They left me thinking about a few crores in the bank and took the rest in their car.
Post attracts hundreds of reactions, many have shown similar experiences throughout India.
« What else do you expect? » Answer 1 user. « In real estate and especially land, especially in India, you pay a white circle, the IAS or IAS, the situation is the same. »
Share another, « in Tier 2 City … in the farm, that (the composition of white) may fall 5%.
The third more, « around the oil where the percentage is 97: 3 … a ₹ 17 ₹ 17 Lakhs. »
And fourth summarize the feelings: « This is why black money will not go away from India.
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