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In India, black money is funds earned on the black market, on which income and other taxes have not been paid. Also, the unaccounted money that is concealed from the tax administrator is called black money. The black money is accumulated by the criminals, smugglers, and tax-evaders. Around ₹22,000 crores are supposed [citation needed] to have ...
Tamil Nadu has the second largest state economy in India. [16] The state also hosts the highest number of factories in the country. [17] [18] The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. [19]
In 2022, the Hindi film industry represented 33% of box office revenue, followed by the Telugu film industry, representing 20% and the Tamil film industry, representing 13%. [6] Other prominent languages in the Indian film industry include Kannada (8%) and Malayalam (6%), as well as Bengali , Marathi , Odia , Punjabi , Gujarati and Bhojpuri .
A gold reserve is the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money ), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency . The World Gold Council estimates that all the ...
₹ 50 crore (500 million) ₹ 500 million (equivalent to ₹ 1.9 billion or US$23 million in 2023) [110] 2005 Taj Mahal: An Eternal Love Story ₹50 crore (500 million) ₹ 500 million (equivalent to ₹ 1.7 billion or US$20 million in 2023) Hindustani [111] [112] 2007 Sivaji ₹ 60 crore (600 million)
The federal debt at the end of the 2018/19 fiscal year (ended September 30, 2019) was $22.7 trillion (~$27.1 trillion in 2023). The portion that is held by the public was $16.8 trillion. Neither figure includes approximately $2.5 trillion owed to the government. [ 83] Interest on the debt was $404 billion.
Since 1991, the rupee is under a floating exchange rate regime. [94] The first major impact on the rupee's exchange rate after independence was the devaluation of the pound sterling against the US dollar in 1949, which impacted currencies that maintained a peg to the sterling, which included the Indian rupee. [95]
Best CD rates for August 12, 2024. Today's best rates of returns are found at FDIC-insured digital banks and online accounts paying out up to 5.20% APY with minimum deposits at Lending Club ...