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    <title>Increase in number of Income Tax payers after demonetisation</title>
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    <description>Demonetisation is associated with a measurable increase in income-tax return filings: 1.96 crore returns were filed between 9 November 2016 and 31 March 2017, compared with 1.63 crore and 1.23 crore in the corresponding periods of the two preceding years. The government frames demonetisation as an instrument to broaden the tax base and promote a cleaner economy by targeting black money, counterfeit currency, corruption, and terror funding.</description>
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