Book review

Undeclared (or black) income constitutes a very significant and rapidly growing element in India′s economy. It has not only affected the entire gamut of economic activity but has had an enormous impact on the political system. While the phenomenon has received the attention of scholars, exsting studies have concentrated almost exclusively on the evasion of personal income tax. Black Income in India examines the problem of undeclared income in its full diversity and in its various manifestations, including evasion of excise and csutoms duty, bribes and smuggling, real estate and foreign exchange transactions, and misappropriation of government funds. In addition, the author provides rough estimates for selected years of the extent of undeclared income in India, both in the aggregate and for individual sources. The book concludes with a critical review of existing policies to curb black money. "A valuable study which would be well-regarded for its discussion of sources of black incomes." --The Economic Times "This is a scholarly work, and although it contains a lot that the reader may know, it also contains a few things which he may not know." --The Book Review "Dr. Gupta′s attempt to look at the many dimensions of black income in India is very welcome. The book is therefore a must for all those really interested in the economic upliftment of the country." --Abhigyan "Gupta′s estimates have very serious implications for the characterization of the economy and the state of the development process." --Management & Labor Studies "Very comprehensive, examines the issue of black income in India in its full diversity and various manifestations... With its wide coverage and lucid language the book is expected to serve the needs of policy makers, bureaucrats economists and scholars of other disciplines. Truly the author deserves appreciation for his outstanding work in this area." --Finance India

Black Income In India by Suraj B. Gupta

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Book Views: 46

Author
Suraj B. Gupta
Publisher
Sage Publications (CA)
Date of release
Pages
187
ISBN
9780803994546
Binding
Hardcover
Illustrations
Format for Download
PDF, EPUB, MOBI, TXT, DOC
Rating
4
47

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