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Friday, August 31, 2018

Arun Jaitley hits out at note ban critics, says demonetisation fulfilled objective

Jaitley suggested that the 'larger objective' of demonetisation was to make India a tax-compliant society, an exercise which involved the formalisation of the economy and a blow to the black money​. The minister noted that in the last two years, income tax returns have increased by 19 per cent.

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