Total black money in India?

In: India
Answer:
According to a Swiss Banking Association Report (2006), "India has more black money than the rest of the world combined." India has stashed almost $1.456 billion in black money in Swiss banks.

Black money is income obtained by illegal activities that is not reported to the government to avoid income taxes.

See the related link for a report from the Times of Bombay.
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First answer by ID3506368774. Last edit by KMac. Contributor trust: 997 [recommend contributor recommended]. Question popularity: 210 [recommend question].
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