Tax compliance improved after demonetisation: EAC-PM member

Economic Advisory Council to the Prime Minister (EAC-PM) member Shamika Ravi has said the tax compliance has increased after demonetisation, though in hindsight it appears that the whole process could have been handled in a better manner.

Ravi, also a senior fellow at Brookings India, further said that there is a need for more tax rationalisation to reduce the compliance burden.

"Have you seen the tax compliance (after demonetisation)? Why do you think that has happened?