'Half of direct tax collections netted; high growth clocked post demonetisation'

The report on the "impact of demonetisation" states that the 2016 exercise of invalidating the two high-value currencies of Rs 1,000 and Rs 500 has "thrown up a large tranche of data and credible information based on which enforcement actions, including search and survey, are being conducted by the tax department with great degree of success against tax evaders".

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