Tax evasion is a menace to the people, economy and the country. In the wake of recent Swiss Bank Account scandal give your views on the following: a. How does it affect Indian economy and the growth prospects? b. Does black money cause inflation? [10 Marks] Solution: 35% of the Income Tax collections of the country and 43% of the corporate tax collections.
Tax evasion is a menace to the people, economy and the country. In the wake of recent Swiss Bank Account scandal give your views on the following: a. How does it affect Indian economy and th…