0 money that is earned illegally, or on which the necessary tax is not paid
1 money that is made from illegal trade or criminal activity:
It is a proper wage slip and not black money or informal cash.
I am in rather a good position in my businesses to observe the behaviour of black money all over the world.
Unless the real estate transaction process and tax structure is simplified, the report suggests this source of black money will be difficult to prevent.
One term coined for money like this is black money.
He even chases down high politicians and brings out the black money they kept.
Some of this black money ends up in illicit financial flows across international borders, such as deposits in tax haven countries.
This way he can achieve his main target which is to get rid off black money and use the funds to develop the state.
A well-known personality has been helped to launder black money.
