 "cash, protest, currency, demonetisation, black money, ATM, banks, rupee, notes")
If you are looking to make a last-ditch attempt to hide your illegal wealth in Dubai, think again because UAE will share financial information with India about people hiding their money there as well as bank account details from January 2018, reports Economic Times.
Even though India has a competitive tax structure, the lure of avoiding taxes on money earned drives many companies and individuals to route their money out of the country through channels such as hawala [third parties] and shell companies.
Even though India has a competitive tax structure, the lure of avoiding taxes on money earned drives many companies and individuals to route their money out of the country through channels such as hawala [third parties] and shell companies.
People usually use offshore bank accounts and other financial dealings in another country
