The conversation between human and AI assistant.
Will the initiative to ban ₹500 and ₹1000 notes succeed in curbing all the Black money getting circulated? How about Black money saved in Swiss banks?
That's interesting. Can you give me some examples of such measures?
Sure. The government can implement a cashless economy, introduce a single-window for tax compliance, and increase penalties for tax evasion. It can also improve tax compliance by introducing a simplified tax system, providing incentives for taxpayers, and making it easier for people to file tax returns.