Black Money and Tax Havens
(Paperback)

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Just how much black money is there in India? 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. About the Author Prof. R. Vaidyanathan is a highly experienced teacher, who recently retired after being a part of the teaching staff at IIM, Bangalore for almost thirty years. He was immensely popular among his students and is a committee-member of many regulatory bodies, such as RBI, SEBI, PFRDA and IRDA. He is also a part of the boards of many corporates. He comments regularly on matters concerning the nation?s economy, in a number of popular newspapers. Prof. R. Vaidyanathan is now Cho S. Ramaswamy Visiting Professor of Public Policy at Sastra University, Thanjavur. Tamil Nadu.

Just how much black money is there in India?

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.

AuthorR Vaidyanathan
BindingPaperback
EAN9789386850072
ISBN9386850079
Height921 mm
Length600 mm
Width49 mm
LanguageEnglish
Language TypePublished
Number Of Pages196
Product GroupBook
Publication Date2017-10-03
PublisherWestland
Release Date2017-10-03
StudioWestland
Sales Rank1125

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General information about Black Money and Tax Havens
  • The author associated with Black Money and Tax Havens is R Vaidyanathan.
  • The EAN for Black Money and Tax Havens is 9789386850072.
  • The ISBN for Black Money and Tax Havens is 9386850079.
  • The height for Black Money and Tax Havens is 921 mm.
  • The length for Black Money and Tax Havens is 600 mm.
  • The width for Black Money and Tax Havens is 49 mm.
  • The language for Black Money and Tax Havens is English.
  • The binding of Black Money and Tax Havens is Paperback.
  • The number of pages for Black Money and Tax Havens are 196.
  • Black Money and Tax Havens is grouped in Book group of products.
  • The publication date for Black Money and Tax Havens is 2017-10-03.
  • The publisher for Black Money and Tax Havens is Westland.
  • The release date for Black Money and Tax Havens is 2017-10-03.
  • The producer for Black Money and Tax Havens is Westland.
  • The sales rank for Black Money and Tax Havens is 1125.