Demonetisation has led to tax terrorism: Yashwant Sinha
Former Finance Minister Yashwant Sinha has said demonetisation led to "tax terrorism" and claimed the Income Tax Department registered 1.8 million cases following the decision. Though demonetisation failed to meet any of its objectives, the government had won the "perception battle", Sinha said. "Demonetisation and GST are subjects to write books upon how things should not be done," he added.