Best Method How to Convert Black Money into White Money
If you have tried all of your method and still you are with Black Money then try these methods to Convert your Black Money into white money
1. bogus loan entry in your Business Books
2. Deposit Black Money into the account of your driver, servant etc and you can also try to deposit into the account of their family members
3. Show the income from profession such as singing in any function, dancing, playing guitar, or any other hobby such as art and craft or tuitions.
4. Show income from farmer as you have directly purchase from farmer
5. Getting black money as gift
If you have tried this method and still you are with Black Money
Then go to any church, gurdwara or temple, maszid and convert your Black Money with new currency.
So if anyone read this post then we advice not to donate any new currency note to any type of donation. Because this donation to any prestigious place can lead to black money.
Black Money can be convert into white by using any others Id proof.
So we advice to everyone not to give your id proof photocopy.
Also when you are giving your id any bank or at any other place then sign it with date and purpose.
Write down that use for change currency and date.
If you giving your id for sim then write use only for taking sim with date
Disclaimer –
I don’t recommend readers to follow any of these methods for black money conversion. This article is just for exposing loop holes of our system. So, that RBI and the government can take appropriate action by formulating strict rules to remove black money from India. I am against black money and black money generation ideas.
If I have missed any other methods which people use to convert their black money into white money I request you to share it in comment section