https://www.taxtmi.com/news?id=17356 Demonetisation is presented as a policy measure to curb black money and formalise the economy by withdrawing specified high denomination notes, prompting remonetisation and expansion of digital payments, with anticipated transient disruption but long term gains in measured GDP, higher tax revenues, greater bank liquidity, and lower borrowing and lending rates as part of ongoing economic reforms. en-us Wed, 01 Feb 2017 12:45:46 +0530 Wed, 01 Feb 2017 12:45:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17356 Demonetisation is presented as a policy measure to curb black money and formalise the economy by withdrawing specified high denomination notes, prompting remonetisation and expansion of digital payments, with anticipated transient disruption but long term gains in measured GDP, higher tax revenues, greater bank liquidity, and lower borrowing and lending rates as part of ongoing economic reforms. News - Wed, 01 Feb 2017 12:45:46 +0530 https://www.taxtmi.com/news?id=17356