black money
Income that is not reported to a government in order to evade taxes.
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Income that is not reported to a government in order to evade taxes.
In India, the government faces the issue of combating black money stashed overseas.
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(India) Money that is obtained illegally, especially that which circulates outside the formal financial system in the underworld.
Demonetization — or the withdrawal from use — was one of a package of measures recommended by a Government committee that investigated the problem of “black money” — money acquired through illegal transactions and kept hidden from tax au…
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In Indian informal and business parlance, 'white money' refers to money that is declared, taxed, and circulates legally — as opposed to 'black money,' which is undeclared cash from unreported income or corruption. The white/black distinction is a central part of Indian economic conversation around taxation, corruption, and the informal economy. The term is especially prominent in discussions around demonetization and tax policy.
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(India) Money that circulates legally.
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Money obtained in a devious or sneaky manner.
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The business generated by providing goods and services to the gay community.