https://www.taxtmi.com/news?id=17120 Demonetisation is described as a policy to reduce cash circulation and related economic distortions by curbing unaccounted cash, tax evasion, and criminal use of currency, while a phased remonetisation will inject new currency into banking and postal systems and digital payments will be expanded to supplement a deliberately reduced cash supply. en-us Sat, 17 Dec 2016 18:54:25 +0530 Sat, 17 Dec 2016 18:54:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17120 Demonetisation is described as a policy to reduce cash circulation and related economic distortions by curbing unaccounted cash, tax evasion, and criminal use of currency, while a phased remonetisation will inject new currency into banking and postal systems and digital payments will be expanded to supplement a deliberately reduced cash supply. News - Sat, 17 Dec 2016 18:54:25 +0530 https://www.taxtmi.com/news?id=17120