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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
Eduncle Best Answer
'Round tripping' is a method through which the black money, that exits the country evading taxes, via different channels such as inflated invoices, payments to shell companies overseas, the hawala route, etc., returns to the country of origin through a complex sequence of money laundering channels and hence completing a round trip. The money could be invested in offshore funds that in turn is invested in Indian assets. The Global Depository Receipts (GDR) and Participatory Notes (P-Notes) are some of the other routes that have been used in the past for round tripping .