https://www.taxtmi.com/news?id=17345 The note projects a transitional GDP slowdown from demonetisation that will dissipate after remonetisation restores currency supply, while early increases in bank deposits and digital transactions signal formalization gains. Short-term effects include reduced cash circulation, constrained demand and supply-especially in cash-intensive informal sectors-and statistical distortions in recorded GDP; longer-term effects may include higher tax compliance, lower real estate prices, greater financial savings, and increased public-sector wealth as unreturned currency is extinguished. Policy recommendations stress rapid remonetisation, incentivised digitalisation, real-estate tax integration, and tax-administration reform. en-us Tue, 31 Jan 2017 13:12:08 +0530 Tue, 31 Jan 2017 13:12:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17345 The note projects a transitional GDP slowdown from demonetisation that will dissipate after remonetisation restores currency supply, while early increases in bank deposits and digital transactions signal formalization gains. Short-term effects include reduced cash circulation, constrained demand and supply-especially in cash-intensive informal sectors-and statistical distortions in recorded GDP; longer-term effects may include higher tax compliance, lower real estate prices, greater financial savings, and increased public-sector wealth as unreturned currency is extinguished. Policy recommendations stress rapid remonetisation, incentivised digitalisation, real-estate tax integration, and tax-administration reform. News - Tue, 31 Jan 2017 13:12:08 +0530 https://www.taxtmi.com/news?id=17345