Budget 2018 issues: After note ban, tax base, digital drive up, realty down

cash, demonetisation, note ban, rupees

Ahead of Union Budget 2018-19, Business Standard takes a look at the impact of demonetisation on economy in one year


BUDGET NEWS  : On 8 November, 2016, top Minister Narendra Modi had introduced the scrapping of Rs 500 and Rs 1,000 notes citing black money, corruption, terror investment as threats to the u . s ..

The instantaneous effect of the word-ban force on economic system become ambiguous at the beginning, considering the fact that the goalpost on its objective was step by step shifted. however, a spin-off from demonetisation has been the overall multiplied emphasis on digital transactions and that channel has seen a multi-fold increase, in conjunction with new additions made inside the tax-payers list.

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