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Black Money and Tax Havens by [Vaidyanathan, R]

Black Money and Tax Havens Kindle Edition

3.7 out of 5 stars 23 customer reviews

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Length: 196 pages Word Wise: Enabled Enhanced Typesetting: Enabled
Page Flip: Enabled Language: English
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Product description

Product Description

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.


Product details

  • Format: Kindle Edition
  • File Size: 15830 KB
  • Print Length: 196 pages
  • Publisher: Westland (3 October 2017)
  • Sold by: Amazon Asia-Pacific Holdings Private Limited
  • Language: English
  • ASIN: B074P65YRY
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Enhanced Typesetting: Enabled
  • Average Customer Review: 3.7 out of 5 stars 23 customer reviews
  • Amazon Bestsellers Rank: #509 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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