Demonetisation A Well-Timed Move: Adi Godrej

Mumbai: Godrej group chairman Adi Godrej on Friday said demonetisation is a well-timed move, in view of the proposed rollout of the Goods and Services Tax (GST) early next year. "Demonetisation will certainly be a good thing in the medium to long term. It will clearly help in reducing black economy in the country," Mr Godrej said in an interview with BTVi. "The evasion of indirect taxes will become difficult when Goods & Services T...