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Tags archives: won-and-lost

Demonetisation: Simple Guide To What's Won And Lost

It is estimated that around 8% of the black economy is held in the form of cash. So, 8% of Rs. 75 lakh crore is held in cash. So, around Rs. 6 lakh crore of black money is held in cash. There are no official estimates of black money held in cash but experts on estimating black money such as Prof. Arun Kumar have estimated the amount at Rs. 6.5 […]