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Tag Archives: Direct Tax Collections

Impact of Demonetisation on Black Money, Widening of Tax Base and Direct Tax Collections

The Government of India launched a concerted drive against black money with Demonetisation being an important step in that direction. Among the main objectives of Demonetisation was the flushing out of black money and also conversion of the non-formal economy into a formal economy to expand the tax base. The impact of Demonetisation on black money, widening of tax base ...

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