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How do you determine who has been hoarding undeclared income as cash over the last 20 years? Random raids?

• denzil_correa 10y ago
  The Ministry of Finance has done this exercise with the help of Income Tax Department. They report that the unaccounted income in cash is approx. 6%.
• gozur88 10y ago
  In the US, cash transactions over a certain limit get reported to the government. Even if you manage to hoard a bunch of cash, it's surprisingly hard to spend without drawing attention to yourself.
  • adictator 10y ago
    > cash transactions over a certain limit get reported to the government. Who reports it? So let's say I pay a bribe of $1 million for some significant but slightly illegal favor. Will the 'bribee' report it, or is it the briber?
    • gozur88 10y ago
      Where did the money come from? And what will the bribee do with it? Is there a separate bribe economy, where people bribe each other and never use the money to buy houses and cars?