 "Book")
Black Money and Tax Havens
Author: R Vaidyanathan
Publisher: Penguin
Pages: 208
Price: Rs 399
In any informed or uninformed discussion on money in India, the reference to black money is a given. Also given are the estimates of its stash with hugely diverse numbers put on the table.
The causes ascribed for the generation and utility of black money range from the usual ones, such as opaque election funding, apparent tax evasion, the entertainment industry and now, the latest, mobile-based apps for easy money.
Understandably, it is the middle class that is most engaged with the issue. The government’s demonetisation experiment of
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