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Ask your queries or reply to others' queries => Discussion => Topic started by: brett_lee38 on January 30, 2009, 01:23:43 PM

Title: Fake buble of economy
Post by: brett_lee38 on January 30, 2009, 01:23:43 PM
Few days ago the American buble of economy brusted. However no impact is on indian economy because in India there are I.T. companies who first estblished industries in such zone where the tax burden is zero thereafter they reflect fake profits and hike the prize of the share and then withdraw money in the name of theoritcal persons and circulate that balck money in the market. Because of this cycle the indian economy stands. It is worthy to mention some CA firms helps or act as catalyst in these kind of scames. So my freinds please see all the circumstances before investing your hard monies in the share market. This is only a suggestion.