Black Money and Tax Havens / R. Vaidyanathan.
Material type:
- 9789386850072
- 9386850079
- 364.13380954
Item type | Current library | Collection | Call number | Status | Barcode | |
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Prajna Pratishthanam Library Management | Non-fiction | 364.13380954 V191 B 102872 (Browse shelf(Opens below)) | Available | 102872 |
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351 Sa69 A 103528 Administrative Theories and Management Thought | 352.380285 P88 E 103973 E - Governance: | 363.7 J1507E Environmental Management: Text and Cases/ | 364.13380954 V191 B 102872 Black Money and Tax Havens / | 368 L8731 R 103235 Risk Management and Insurance Planning | 382 G4433 E 102882 Export Import: | 650.01513 M3376 B 102507 Business Mathematics. |
Estimates vary from 10 per cent to 20 per cent of our GDP. Conservatively, Rs. 15 lakh crore (10 per cent of Rs. 150 lakh crore, our GDP in 2016-17).
As for Indian money in tax havens around the world? Around Rs. 65 lakh crores. Truly astounding figures.
Black money or kala dhan is a topic that has elicited much debate in recent times. The debate has been mostly marked by mud-slinging and name-calling and the discussions that have ensued often have no basis in fact. While most people have a hazy notion of black money, only a few understand it in its entirety.
The issue of tax havens is perhaps even more misunderstood. Most people fail to see the connection between tax havens and black money. Black Money and Tax Havens is the first work that discusses both of these issues in depth and offers a 360-degree view to the reader.
In this work, Prof. R. Vaidyanathan provides the reader with a brief overview of black money—its generation, its estimates and how and why it is spirited away to tax havens. He also lays bare the danger that is posed to world financial well-being on account of the lack of political will to tackle them. A unique and timely work that packs in much information in an accessible manner.
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