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Prime Minister Narendra Modi’s political constituency
Fear of the Taxman Blights Modi’s Quest to Expand Formal Economy
published Nov 8, 2017, 5:00:00 PM, by Archana Chaudhary (Bloomberg) —Twice in the past year, Mohammed Mohsin’s textile design business was buffeted by major changes in the Indian economy. First, a ban on high-value notes, then a new tax system. Now, he senses yet another threat. “There’s a new fear,”