Latest News Site

News

Demonetisation targeted black money, fake notes: Govt

Demonetisation targeted black money, fake notes: Govt
December 02
09:05 2019

New Delhi, Dec 2 : The government’s move to demonetise Rs 500 and Rs 1,000 currency notes in 2016 was aimed at flushing out black money, eliminating fake currency notes, combating financing of terrorism and Left Wing Extremism, expanding the tax base by converting the non-formal economy to a formal one, generating employment, and to make India a less-cash economy.

This was stated by Union Minister of State for Finance Anurag Thakur in the Lok Sabha on Monday, in response to questions by MPs Deepak Baij and Subbarayan K.

Thakur said Moody’s has not downgraded the rating of the Indian economy after 2016.

IANS

Entrepreneurship took a beating due to demonetisation

Tags
Share
Annie’s Closet
TBZ
G.E.L Shop Association
Novelty Fashion Mall
Status
Akash
Swastik Tiles
Reshika Boutique
Paul Opticals
Metro Glass
Krsna Restaurant
Motilal Oswal
Chotanagpur Handloom
Kamalia Sales
Home Essentials
Raymond

About Author

Fayim Md

Fayim Md

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Only registered users can comment.

Sponsored Ad

SPONSORED ADS SPONSORED ADS SPONSORED ADS SPONSORED ADS SPONSORED ADS SPONSORED ADS

LATEST ARTICLES

    भारतीय एवं विश्व इतिहास में 10 दिसंबर की प्रमुख घटनाएं

भारतीय एवं विश्व इतिहास में 10 दिसंबर की प्रमुख घटनाएं

Read Full Article