• The ultimate aim of doing all the illegal and unlawful activates like smuggling, corruption, evading from taxes and duties etc… is to attain money and that attained money cannot be shown in the accounts also. So, where these money were gone?

• Our Honorable Ex-President Dr. A.P.J. Abdul Kalam believed our country will become a Developed Nation by the year 2020. But with the Black Money that our Indian’s stacked in foreign banks, we can become a developed country in 2010 itself.

• If black money deposit was an Olympics event, India would have won a gold medal hands down. The second best Russia has 4 times lesser deposit. U.S. is not even there in the counting in top five! India has more money in Swiss banks than all the other countries combined.

• India with $1,456 billion or $1.4 trillion has more money in Swiss banks. It is one of the biggest loots witnessed by mankind

• This amount is about 13 times larger than the country's foreign debt. With this amount the entire foreign debt can be repaid in 24 hours

• With this amount 45 crore poor people can get Rs. 1,00,000 each.

• If this surplus amount is invested in earning interest, the amount of interest will be more than the annual budget of the Central government

• Evasion of taxation in various forms• High level corruption• Real estate transaction• Excise duty evasion• Customs duty evasion(import)• Evasion of sales tax• Smuggling• from exports• From public expenditure• educational institutions• from private corporate investors• Film industry• Professional income• Selling of licenses and permits• Others like gambling, bribes, financial transaction, HAWALA, prizing,

coaching classes etc.,

• Beginning of the evil • Controls and licensing system • Tax structure • Donation to political parties • Ineffective enforcement of tax laws • Generation of black money in the public

sector • Ceiling on depreciation and other

business expenses

• Donation to Charity (Anonymously): • Altering the Source of Income • Using the money for Fraudulent

Transactions • Investing in Movies • HAWALA • Through Real Estate

• Affecting the GDP Growth • Greater Burden to Honesty Tax Payers • Inflation • Impact on Society

• FIU (Financial Intelligence Unit) to Track Black Money

• Government’s Effort on Chasing Black Money

• Committees Formed by Government against Black Money

• Whatever rules and regulations that our government put in to action to eradicate the Black Money, our peoples will find a loop hole to do the same mistake again. So, the total eradication is in hands of the Citizens of India.

• If this situation persists the “Rich with get richer and the poor will become poorer”. We, the Citizens of India should help our Country to Develop by killing the evil Black Money, that itself will lead to reduction of the unlawful activities like corruption, tax evasion etc. and lead our country to the mark of a Developed Nation.