• ISBN13: 9788126927869
• Binding: Hardcover
• Subject: Economics
• Publisher: Atlantic Publishers & Distributors (P) Ltd
• Publisher Imprint: Atlantic
• Publication Date: July 22, 2018
• Pages: 170
• Original Price: INR 595.0
• Language: English
• Edition: N/A
• Item Weight: 332 grams
• BISAC Subject(s): Accounting / General

Most people have a nebulous notion of black money; hence they have limited knowledge about it and are not able to come together to fight against this menace. This is where the book, Black Money in India: Meaning, Magnitude and Measures steps in to fill the gaps in knowledge. It exposes how the intricate web of corrupt elements (politicians, bureaucrats, corporations, judges, lobbyists, etc.) has engulfed the economy, social order, national exchequer and moral foundation of India through its spurious practices and abuse of power. It deals with the causes, effects and methods of black money propagation in detail. It discusses the detrimental effects of various black money channels like money laundering, political funding, hawala transactions, terrorism funding, round tripping, etc., and these effects are demonstrated through eye-opening statistics and data. This book not only focuses on the basic and advanced dynamics of black money in India, but also discusses at length the global black money scenarios and statistics to present to the readers a holistic picture of this peril gnawing at the very foundation on which our world stands. It throws light on various past anti-black money measures like voluntary disclosure schemes, demonetization, etc., and their pros and cons, and at the same time, presents a revised and comprehensive multi-pronged strategy as to how to minimize black money. It gives a blueprint of how the key stakeholders of India and the world, including the government setup, business world, media, human rights groups, civil society, and international development agencies can help to curb black money transactions and flows occurring at the national and international interfaces. This book is a genuine attempt to build a collective momentum and public support for matters of national and global significance, especially for tackling the global crisis of black money.

Chitra Lele is a young record-setting author, research scholar, award-winning poet and software consultant. She is a double postgraduate: Master in Computer Management and Master of Science in Software Engineering. She holds several professional certifications in the field of software project management. Her publications include poetry anthologies, scholarly articles, research papers and academic books. She has been conferred with the title of “A Versatile Writer” by the India Book of Records for penning maximum number of books in a short span of 18 months in various genres. Some of her book titles are: The 6 Spheres of Life: Unlocking the Door to Success and Happiness, Holy Hues, Divine Decorations, Corruption in India: Causes, Effects and Reforms, and many more.

• Foreword
• Preface
• Acknowledgements
• List of Tables

• PART 1-Introduction, Meaning, Causes and Much More

• 1. The Basics of Black Money in India
• 1.1 Definition of Black Money
• 1.2 Characteristics of Black Money
• 1.3 History of Black Money in India
• 1.4 Causes of Black Money
• 1.5 Chapter Recap
• 1.6 Questions for Reflection
• 2. Indian Politics and Black Money
• 2.1 Collusion of Lawmakers and Lawbreakers
• 2.2 Money and Muscle Power in Politics
• 2.3 Top-down Approach and Good Governance at All Levels
• 2.4 Chapter Recap
• 2.5 Questions for Reflection

• PART 2-Magnitude of Black Money and Its Reach in India

• 3. Magnitude is Immense and Many Players are Involved
• 3.1 From Politics to Economy
• 3.2 Black Money on Its Way to Banks
• 3.3 Ground Realities and Effects Since Demonetization of 2016
• 3.4 Effects of Goods and Services Tax on Black Money
• 3.5 Chapter Recap
• 3.6 Questions for Reflection
• 4. More Black Money Dynamics
• 4.1 Effects of Black Money in India
• 4.2 Indian Statistics
• 4.3 Indian Business and Black Money
• 4.4 Misuse of Corporate Structure and Abuse of Laws
• 4.5 Money Laundering
• 4.6 Tax Havens
• 4.7 Chapter Recap
• 4.8 Questions for Reflection

• Part 3-Measures for Curbing Black Money in India

• 5. Black Money Across the Globe
• 5.1 Global Black Money Statistics
• 5.2 Foreign Countermeasures
• 5.3 Chapter Recap
• 5.4 Questions for Reflection
• 6. The Way Forward
• 6.1 Past and Recent Measures to Keep Black Money in Check
• 6.2 Institutions, Agencies, Measures and Reforms
• 6.3 Public Pulse, Protests and Opinions
• 6.4 Acts, Bills, Laws, Policies, Proposals and Treaties
• 6.5 Few Final Thoughts
• 6.6 Chapter Recap
• 6.7 Questions for Reflection
• Author Information