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

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

BS Web Team  |  New Delhi 

Union budget 2018

On 8 November, 2016, Prime Minister had announced the scrapping of Rs 500 and Rs 1,000 notes citing black money, corruption, terror funding as threats to the country.

The immediate impact of the note-ban drive on was ambiguous at the beginning, considering the fact that the goalpost on its objective was gradually shifted. However, a spin-off from has been the overall increased emphasis on digital transactions and that channel has seen a multi-fold growth, along with new additions made in the tax-payers list.

Business Standard and PwC take a look at impact on after one year of demonetisation:

First Published: Thu, January 25 2018. 14:20 IST