Note ban was a shake-up, achieved its main objectives

Note ban was a shake-up, achieved its main objectives https://www.taxtmi.com/news?id=18828 Demonetisation aimed to disrupt reliance on high-denomination anonymous cash to reduce cash transactions, enlarge the tax base by removing cash anonymity when funds entered the banking system, and accelerate digitisation of payments; it was not intended as confiscation but to make anonymous cash identifiable and bring more transactions into formal scrutiny. en-us Sat, 23 Sep 2017 13:55:12 +0530 Sat, 23 Sep 2017 13:55:12 +0530 TaxTMI RSS Generator Note ban was a shake-up, achieved its main objectives https://www.taxtmi.com/news?id=18828 Demonetisation aimed to disrupt reliance on high-denomination anonymous cash to reduce cash transactions, enlarge the tax base by removing cash anonymity when funds entered the banking system, and accelerate digitisation of payments; it was not intended as confiscation but to make anonymous cash identifiable and bring more transactions into formal scrutiny. News - Sat, 23 Sep 2017 13:55:12 +0530 https://www.taxtmi.com/news?id=18828