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Anonymous

Stealth • 6m

Concept validation needed ? India is full of black money and many people has lot's of Courrupted black money but most of them are try to making it white but the main problem is that government agencies are tracking them easily and now it's really hard to turn black money into white money in india but if they all invest in startup or business that create sustainable high cash flow for them then they can easily earn white money and use that money for thier needs so what do you think about this concept ? Nowadays banking transaction and upi transaction or any online transaction can easily tracked by government.

3 replies3 likes

Replies (3)

Anonymous 1

Stealth • 6m

💀💀

0 replies

John Milton

Stealth • 6m

Ha ha still it can be traceable. Like where the investment came from? As you said nowadays every transaction is happening via banks the how come you receive your investment. Let's say if you're receiving the investment in hot cash and let's assume someone invested 10 crore in your startup and you mentioned it as a 1 crore investment then you have to hold the pain of hiding the 9cr from the government. And let's say you try to give back the money to the investor in the form of profit or whatever you still have to file how you earned those profits and you still managed to file the exact amount money from a good source still you'll have a 9cr of black money 😂. Rather than that set up a Trust and do things on their own.

1 replies2 likes

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Sanjay Srivastav. Footwear Designer

Stealth • 29d

Of course the value of money has changed but it's a great comparison. It does not show Congress taxed the rich btw. Nobody was paying 97.5% tax. They were just paying bribes to Congress to keep money black. That's how they destroyed our economy.

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Stealth • 7m

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