The Black Money

The Black Money WHAT IS BLACK MONEY Assets or Resources that have neither been reported to the public authorities at the time of their generation nor disclosed at any point of time during their possession ILLEGAL(criminal component):Racketeering, trafficking in counterfeit and contraband goods, smuggling, production and trade ofnarcotics, forgery, illegal mining, illegal felling of forests, illicit liquor trade, robbery, kidnapping, humantrafficking, sexual exploitation and prostitution, cheating and financial fraud, embezzlement, drug money, bank frauds, and illegal trade in arms.