(TOI)
The impact of the demonetisation drive and the rollout of the goods and services tax (GST) will make it tough to deal in cash, leading to greater compliance, digitisation and widening of the tax base, Union finance minister Arun Jaitley said on Saturday.
“Net impact of the demonetisation exercise coupled with the GST exercise… will certainly lead to greater compliances, greater digitisation. The first signs of greater digitisation, expansion of the base of direct and indirect taxes are already visible,” Jaitley said in his opening address at Delhi Economics Conclave, a gathering of top economists and
