Despite Finance Minister Arun Jaitley's clarification on taxing long-term capital gains, the Indian markets wiped out almost all of its gains in 2016. With inadequate cash in circulation, more tough measures ahead are likely to continue. Will the demonetisation effect mean more hardships for citizens in the months ahead? Prime Minister Narendra Modi had said that after December 30 things would get easier for the honest citizen - will they?
