SOURCE OF BLACK MONEY AND ITS REMEDY

Source of Black Money And It's Remedy .......!
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The Black Money, now a big current issue in our India. The Govt.is struggling and the  National scenario of the General population turns complicated day by day.

Let's give a look towards the real root causes of the black money/ money laundering sectors:

1.Currency movement in Investment/ sale/purchase@ Realestate Market.

2. Property investments/payments/ expenses in various film sectors (bollywood, ollywood, Tollywood, kollywood bla bla bla....)

3. Lack of Monthly/ quaterly/ half yearly/ yearly updation in Land Valuation throughout India by the State/Territorial/Central Govt.s.

4. Transactions in Health sectors i.e. in Hospitals, Pharmacitual industries, clinical Research industries. (Also Govt. Should fix the fees and charges for all type of Medical Testings, OPD fees, miscellaneous charges imposed by the doctors/ hospitals/ diagnostic centres to the people.)

5. International/ Domestic Fundings/Donations, Cash Recievings coming in favour of any of the NGOs/ Social/ Religious Organizations/ Institutions as well as the Expenses by them. Overally the Govt. audit system should strictly watch these transactions.

6. Gifts/ Donations of movable/ immovable property to any individual or to any organization.

6. Investments/transactions over Gold/Silver/Diamond.

7. Investment and transactions in the overal Mining Sectors.

8. Private Banking system/ Individual Bankers.

9. Misuse of Insurance policies by Agents/ policy holders.

10. Investments in Mutual Funds / Chitfunds.

11. Investment / transaction in Games and sports sector.

12. Investments in share market by almost all the MNC/ Corporate Employees, business holders and individuals.

13. All the transactions in Govt. Tenders @ Central Govt./ State Govt.s/ Local Bodies.

The above 13 points are very important sectors and need to bring under scanner.

I may be right or not, but as per my point of view the above 13 points are very much responsible for the Giant problem "Black Money".

© Umasankar Sahu