Sale of personal belonging like Jewelry. Go to known jeweler and give easiest way to make money illegally in india him all black money you want to convert.He will give you cheque for the same amount. He will also give you purchase bill showing you sold your personal Jewelry to him.
On paper it is charity but off the shelf it is conversion of black money to white. Showing Income as Agriculture Income, another popular way of converting black money in to white is by showing income 10 ways to make extra money for christmas as agriculture income.In order to show income as agriculture income you must possess land and it must be used for agriculture purpose like plantation, garden nursery etc. However there are various conditions you need to satisfy in order to claim agriculture income. Showing Cash Income from Profession, another popular way to convert black money to white is by showing income in cash.Income from tuition, professional fees or commission is shown as cash by many tax payers it is nothing but converting black money in white. How Salaried Person can maximize tax saving?
In some cases people give repayment of this loan by giving back cheque. People doing this must understand that Income tax department is watching every transaction and tax payer have to prove genuineness of every transaction. Also Read, tax Avoidance and Black Money are common in India.Formulation of Trust doing Charity. Another popular way online money making dubai used by people to convert black money to white is by formulating trust for social cause.They make executive bodies of own people in trust sometimes illiterate people like driver cook etc. They donate black money to this trust as charity to convert black money.
This article is written to expose ways which people use to convert black money to white. . I no way encourage any taxpayers or anyone to use any of the below methods. 10 Method to Convert Black Money to White.Bogus Loan Entry, popular method people use to convert black money to white how to make money from home in jamaica is by showing bogus loan entry. Modus operandi under this case will be people give black money to friend or relative and take a cheque from them. This is kind of bogus loan entry to convert black money to white.
Illegal Ways To Make Money In Nigeria. Illegal Ways To Make Money In Singapore.Converting black money to white is very how do i make money working from home online common today. People use all illegal method to convert black money to white.
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New Delhi : Though millions small business ideas to make money on the side of Indians are in white-collar and blue-collar jobs, a large number of them are out of the ambit of organised labour. There are other ways to earn money, by resorting to illegal work. Let's have a look at 10 such illegal jobs in India :.Ear cleansing: People who clean up ears for a nominal amount can be found at a lot places in the cities. Sitting on a roadside, they quickly clean up one's year and charge Rs, 10-20, unaware their innocuous work can lead to serious ear infections. Best ways to make p2p earn in dublin, how to startup online how to illegal ways to make money in india from for moms, illegal ways to make money in india forza motorsport 3 quick : i need an online teaching, available in mountain arkansas.