Macquarie's View On Indian Economy After Demonetisation

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  • Published On: December 01, 2016
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Tanvee Gupta Jain, India economist at Macquarie, believes demonetisation move will help improve transparency, increase tax compliance and encourage a move towards digital economy in the medium term. The increase in tax buoyancy will help provide more resources in the hands of the government to undertake development spending, she adds.

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