write infavour of and against G.S.T and Demonestisation
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Demonetization was a sudden step taken by the Indian government on the 8th of November 2016. This step had initially made the then existing Indian currency notes of 500 and 1000 obsolete in value. And this is only why the next few days were exceptionally difficult for the people. Of course, demonetization was done in order to curb the black money and its effect in the market. Though it has failed to completely curb the same, at least a large section of the miscreants have got their lesson and shock and are at the very least careful.
The Goods and Services tax on the other hand known as the GST made things easy for the people and the economy. It allows people to make smooth business deals and has simplified the tax system. GST encourages people to pay tax and the fear of demonetization prevents people from dodging taxes. These factors cater to the rise of Indian economy.
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