There may be 50 per cent reduction in tax collection: Manish Sisodia

The Delhi deputy CM said that there is no buisness in city's markets after demonetisation.

By: PTI
New Delhi | December 3, 2016 09:14 PM IST

1 min read

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Deputy Chief Minister Manish Sisodia on Saturday expressed apprehensions that there may be 50 per cent reduction in Delhi government’s tax collection due to demonetisation of high-value currency notes. Sisodia, who also holds finance portfolio, said there is no business in the city’s markets and if it persists, it will be hard to pay salaries of government employees.

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“Tax collection can be 50% low this month as there is no business in Delhi markets. If so, it would b hard to pay salaries of govt employees,” he tweeted.

AAP, led by Delhi Chief Minister Arvind Kejriwal, has been opposing demonetisation since Prime Minister Narendra Modi announced the move on November 8.

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