Black money is used in everyday speech to describe funds that are not entirely lawful in the owner's possession. There are two plausible explanations for this. The funds may have been obtained through illegal acts against the law, such as crime, drug, human, and arms trafficking, terrorism, and corruption, all of which are punished by the state's legal system. Wajid khan Mp explains The idea of illegal currency Tax evasion is the source of black money. It obtains both legally and illicitly. The income earners' failure to disclose their income for tax purposes is its legal source. Sources of Illegal Funds As was already said, there are primarily two sources of black money: illegal activity and tax evasion, even when the action is legal. Following are some specific examples of the methods used to move black money, use it, and invest the earnings made in other industries and politics to make more money. #wajidkhan#wajidkhanMP#politics#Canadianpolitician#wajidkhanpolitician

1. Identify Black Money And Their Resources
Wajid Khan MP

2. Wajid khan Mp explains The idea of illegal currency Tax
evasion is the source of black money. It obtains both
legally and illicitly. The income earners' failure to disclose
their income for tax purposes is its legal source.

3. Sources of Illegal Funds

4. 1. Real estate:
3. Transactions on the financial
markets:
2. Bullion and jewelry market:

5. 5.Non-profit organisations:
4. Public procurement: