2 years of demonetisation: Note ban decision targeted black money outside India and formalised economy, writes Arun Jaitley

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Demonetisation is a key step in a chain of important decisions taken by the Government to formalise the economy. The Government first targeted the black money outside India. Asset holders were asked to bring this money back on payment of penal tax.

from Latest News India on Firstpost https://ift.tt/2qBm07W
Arun Jaitley

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