Demonetisation happened on 08.11.2016. Perhaps it was such a decision after independence which affected each and every person of India whether its politician, bureaucrat, house wife, Labour etc.
Decision of Demonetisation was taken by our honorable PM Narendra Modi with a very good intention to reduce corruption & use of Black money from the economy, to bring transparency in the economy.
This was the decision which shook whole economy, everybody like every sector of the economy start debated about the impact of the same.
Conclusion: Demonetisation has both advantages and disadvantages. Demonetisation alone cannot fight parallel economy and eliminate black money. Several other supportive measures are required by the government to change the economy for good. This becomes even more important when there are other related moving parts such as goods and services tax (GST), clean-up of the banking system, real estate sector reform and others going on at the same time.
Tax planning is the analysis of one's financial situation from a tax efficiency point of view so as to plan one's finances in the most optimized manner.
For GST, the term Aggregate Turnover implies all provisions made by the assessable individual whether all alone or sake of a foremost.
A tax return is a form(s) filed with a taxing authority that reports income, expenses, and other pertinent tax information.