ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

BLACK MONEY-Social Purpose Charade

speech is devoted by the finance minister to the subject of black money. The speech promises "a sustained and multi-pronged drive against proliferation of black money". But there is no immediate measure that the budget proposes in this context. The finance minister is content with broad generalisations about "effective tax administration and strong deterrents against evasion" on the one hand and about reducing "the scope of discretionary powers which provide sustenance to black money" on the other.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top