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Note ban led to formalisation of economy, expanded tax base: Jaitley

Note ban led to formalisation of economy, expanded tax base: Jaitley
While finance minister Arun Jaitley said that the exercise helped “formalise” the Indian economy, the former Prime Minister Manmohan Singh said that the scars of the “ill-fated” and “ill-thought” exercise are only getting more visible with time and the country is yet to understand the exercise’s full impact.

from Times of India https://ift.tt/2SV6hxI
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