There are two brothers - Ramlal and Shyamlal.
Both earn Rs100 lacs annually and spend 50 lacs.
Ramlal is honest. He pays 35 lacs tax every year. So his annual savings is 100-50-35 =15 lacs. In 5 years, his savings become 75 lacs.
Shyamlal is a fraud. He doesn't pay any taxes. His annual savings is 100-50= 50 lacs. In 5 years, his savings become 250 lacs (in black money).
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Posted by: Colonel Srikant <colonelsrikant@gmail.com>
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