Posted inIndia, South Asia

Jaitley lauds demonetization as key step to widen tax base

Exactly two years after the Indian government demonetized high-value currency notes, Finance Minister Arun Jaitley said in a blog post on Thursday that the controversial move was done to formalize the economy, as well as increase digital transactions and widen the tax base. However, when Prime Minister Narendra Modi announced the move on November 8, […]

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