Panagariya warns against excesses by the tax man after note ban

NITI Aayog Vice-Chairperson Arvind Panagariya has written to PM Modi on tax rules post the note ban

We have all entered 2017, and demonetisation has tagged along for better or worse. Before we welcomed the New Year in, Prime Minister Narendra Modi addressed the nation as his 50-day period of "pain" over the sudden drive ended, and he likened the perseverance shown by the people to Mahatma Gandhi’s Champaran satyagraha of 1917. (Read more )

Meanwhile, NITI Aayog Vice-Chairperson Arvind Panagariya has expressed the first note of concern, over the manner in which the unaccounted wealth have been unearthed.

Panagariya has written a letter to the Prime Minister's Office, according to the