Essay on white collar crime in india

Thus crime is an act or omission which constitutes an offence and is punishable under the law. The reason for enormous increase in white collar crime in recent decades is to be found in the fast developing economy and industrial growth of this developing country.

The report of Santhanam Committee in its findings gave a vivid picture of white-collar crimes committed by persons of respectability such as businessmen, industrialist, contractors and suppliers as also the corrupt public officials. The victimized teachers can hardly afford to complain about this exploitation to high ups because of the fear of being thrown out of job.

Meaning of White Collar Crime: In the engineering profession underhand dealings with contractors and suppliers, passing of sub-standard works and materials and maintenance of bogus records of work-charged labour are some of the common examples of white collar crime.

Though there is a definite code of conduct for legal profession but it is only an ornamental document. A glance at the crime data relating to different states indicate that personal vendetta The problem is quite acute, both in terms of variety and the extent of white-collar criminality.

The two government departments which have been traditionally notorious for corruptions in the country are those of police and public works. They, therefore, procure medical certificate regarding their false sickness and produce it to the department to justify their absence from duty.

Economic offences and crimes are committed more often by the economically well-off and well-placed people in society. These dishonest and unscrupulous practices have damaged the standard of education in India to such an extent that it is causing an irreparable loss to the younger generation.

Union of India upholding the validity of the Special Bearer Bonds Immunities and Exemption Act,observed that the Act was not intended to encourage tax evasion in future and condone such evasion committed in past but the real object of the Act was to launch a nation-wide search to unearth undisclosed wealth by encouraging small incentive to those who declare their undisclosed cash.

The instances of fabricating false evidence, engaging professional witnesses, violating ethical standards of legal profession, resorting to frequent strikes to press their demands and dialatory tactics in collusion with the ministerial staff of the courts are some of the common practices which are quite often practiced by the legal practitioners.

Bank Fraud means to engage in such activities in order to defraud a bank or using illegal means to obtain assets held by financial institutions. The complexity of tax-laws in India has provided sufficient scope for the tax-payers to evade taxes.

Essay on white collar crimes in India Article shared by There are certain anti-social activities which the persons of upper strata carry on in course of their occupation or business.

Essay On Hoarding, Black Marketing And Adulteration In India

In India there is need for strengthening of morals particularly in the higher strata and among the public services. Quite a large number of them are most sincere and honest in their profession commanding great respect from all sections of society.

The deteriorating standards of legal education and unethical practices resorted to by the members of legal profession to procure clientage are mainly responsible for the degradation of this profession which was once considered to be one of the noblest vocations.

In India there is need for strengthening of morals particularly in the higher strata and among the public services. Unauthorised copying of an extract from any data. Unless people strongly detest such crimes, it will not be possible to contain this growing menace. Convictions should result in heavy fines rather than arrest and detention of white-collar criminals.

Quite a large number of them are most sincere and honest in their profession commanding great respect from all sections of society. They are, therefore, compelled to compromise with the situation.

The provisions of Indian Penal Code dealing with white-collar crimes should be amended to enhance punishment particularly fine in tune with changed socio-economic conditions. They charge huge amounts by way of donations or capitation fees from such needy students.

Yet another field where white collar criminals operate with impunity are the privately run educational institutions in this country. Similar observations were made by Mr. Perhaps, it is because of the peculiar nature of their profession that the lawyers and advocates have to resort to these tactics in order to survive in the profession which is becoming more and more competitive with the passage of time.

When someone entrusted with money or property uses it for his own use, it is embezzlement. This does not, however, mean that all lawyers are corrupt and unethical.

Essay On White Collar Crime In Certain Professions In India

Types of White Collar Crimes There are different types of white collar crimes. However, there are various reasons for white collar crimes.

These dishonest and unscrupulous practices have damaged the standard of education in India to such an extent that it is causing an irreparable loss to the younger generation.In India and Pakistan, for example, there are millions of peopl.

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Business Essay. Essay On White Collar Crime In Certain Professions In India Words: Pages: 4 Paragraphs: Some of the professions involving technical expertise and skill provide sufficient opportunities for white collar criminality. They include medical profession. Very Short Essay on White Collar Crime in India!

White collar criminality has become a global phenomenon with the advance of commerce and technology. Like any other country, India is equally in the grip of white collar criminality. The reason for enormous increase in white collar crime in recent decades is to be found [ ].

Crime in the United States to white collar crime in India Compare white collar crime in the United States to white collar crime in India: what are the characteristics of people in India who commit white collar crime (e.g: age, occupation or profession, lifestyle).

White collar crime and its changing dimensions in India Meaning Of White Collar Crime. This notion was laid down for the first time in the field of criminology by Prof. Edwin Sutherland in This notion was laid down for the first time in the field of criminology by Prof. Edwin Sutherland in Essay on White Collar Crime in certain Professions in India!

Essay on white collar crimes in India

Some of the professions involving technical expertise and skill provide sufficient opportunities for white collar criminality. They include medical profession, engineering, legal practise, private educational institutions etc.

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Essay on white collar crimes in India

Preview text: The white collar crimes which are common to Indian trade and business world are hoarding, profiteering and black marketing. Violation of foreign exchange regulations and import and export laws are frequently resorted to for the sake of huge profits.

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Essay on white collar crime in india
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