🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Hiral Jain

Stealth • 6m

Hello everybody! Day 3 of knowing about businesses that are still operating even after being illegal! Have you ever come across news about GST fraud or fake billing? It's a sneaky tactic used by some businesses to hide their black money. Let me bre

See More

Hiral Jain

Stealth • 6m

In this fake billing system, false inventory reflects lower values (for example, showing a purchase of 80 as 118) and then sell it for a higher price (118), profit of 38₹ - all without having to pay any taxes or declare it as income. [wondering how will they use this black money later. Don't worry I got you covered]

0 replies

More like this

Recommendations from Medial

Image Description
Image Description

Hiral Jain

Stealth • 6m

Hello everybody! Day 3 of knowing about businesses that are still operating even after being illegal! Have you ever come across news about GST fraud or fake billing? It's a sneaky tactic used by some businesses to hide their black money. Let me bre

See More
6 replies8 likes
Image Description
Image Description

SHIV DIXIT

Stealth • 1m

🎯 Top 130 Most Consumed Financial Terms In Business or Startup World 🌍 ( PART - 1 ) 1. EBITDA 2. ROI 3. Revenue 4. Profit Margin 5. Cash Flow 6. Net Income 7. Gross Profit 8. Operating Expenses 9. Balance Sheet 10. Income State

See More
6 replies21 likes
22

Download the medial app to read full posts, comements and news.