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John Milton
Cultivating Ideas, H... • 7m
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.
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