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Breaking News: Fawad Khan & Imran Abbas Naqvi Caught In Black Money Scam!
Breaking News! Pakistani artists Fawad Khan & Imran Abbas Naqvi were caught in a black money scam through a sting operation carried out by Network 18 Group.
Ae Dil Hai Mushkil actors Fawad Khan and Imran Abbas Naqvi have been exposed in a sting operation conducted by Network 18 Group which shows Fawad and Imran's managers demanding that their payment be made in both black and white money for an appearance of two hours for an event.
For those of you who are confused as to why they are asking for 'black money' when they can transact in a legal way; the answer to it is taxes. The duo would show white money on papers and the rest of the black money would go directly to their pockets without any tax being paid as it would not be on papers.
In the sting operation report sent out by News18, Fawad Khan's manager demanded Rs 50 lakhs for a two-hour appearance and asked the payment to be made in black and white. The black money had to be 25 percent of the deal amount and the rest was to be transferred to Fawad Khan's UAE-based bank account.
Imran Abbas Naqvi's manager demanded Rs 35 lakhs for a two-hour appearance, with Rs 32 lakhs to be paid in black and only Rs 3 lakhs to be paid in white. Given that all the Pakistani artists come to India on a work permit obtained through the Ministry of External Affairs (MEA) for professional activities, these kinds of transactions violate the law. In fact, insistence of payment in black money also violates Service Tax and Income Tax laws.
