black economy

Via Zerohedge…

Data from the Independent Authority for Public Revenue show tax arrears totaled 182.5 billion euros ($214 billion) on Aug. 10, according to a note sent from the agency to parliament last week and seen by The Associated Press Wednesday.

Guest post by R. SRIVATSAN Reflections on the many paradoxes of the demonetization process: the schizophrenia of the BJP, the desire of the well to do, the baffling sacrifice of the have nots, the faults and fault lines that propagate through our society in crisis. Narendra Modi and Arun Jaitley, in their brilliant strategy to […]