|
|
|
|
|
30-08-07
|
#2 |
|
Member
Join Date: Jul 2007
Posts: 50
Thanks: 0
Thanked 0 Times in 0 Posts
|
White money!!!
White money, we can say, is the one for which the sources are known and revealed. One pay taxes on it and keeps record into his books of accounts!!!
 As far as second question is concerned, use of white money should be prefered not only in real estate but in all the transactions whatsoever. It brings transparency and accountability in the dealings as you get a legal receipt of the entire amount you pay towards a property. The same also becomes helpful in case of any litigation with the builder or any other authorities. Last edited by vikram; 31-08-07 at 09:07 AM. |
|
 |
| Tags |
| money, white |
| Thread Tools | Search this Thread |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| is insurance cover during relocation a money-making gimmick? | kushwant | Home Loans, Relocation, Vaastu Shastra | 4 | 24-10-10 10:40 PM |
| Black, Grey or White? | nriabout2brippedoff | General Real Estate Discussion | 1 | 03-08-07 08:33 PM |
| Banks stopped pumping money in the Market | Jack | Home Loans, Relocation, Vaastu Shastra | 0 | 14-03-07 04:25 PM |
| How to manage Margin Money for your Dream Home ? | Pinnacle | Home Loans, Relocation, Vaastu Shastra | 1 | 25-01-07 02:23 PM |
| Global Money in India Infrastructure | Pinnacle | General Real Estate Discussion | 0 | 23-01-07 01:36 PM |
White money
