3 ms·
At least in India, most forms of Hawala are illegal, as the money easily escapes the tax net and can be quite helpful in transferring black money. But that does
by vamsee 18y ago
At least in India, most forms of Hawala are illegal, as the money easily escapes the tax net and can be quite helpful in transferring black money. But that doesn't stop the practice from being quite rampant, and from what I know from a friend, a surprisingly dependable way of transfer, in fact.