Cap On Cash Transactions
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Top Court Issues Directions To Implement Rs 2 Lakh Cap On Cash Transactions
When there is a law in place, it has to be enforced, the Supreme Court said on Wednesday while expressing concern over the unsatisfactory implementation of provisions of the Finance Act 2017 which capped the limit of cash transactions to Rs two lakh.
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Centre Mulls Relaxing Cap Of Rs 2 Lakh Cash Transaction For Covid Treatment
The Centre informed the Delhi High Court on Friday that relaxation in cap of Rs 2 lakh cash transactions for COVID-19 treatment in hospitals is under "active consideration".
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Income Tax Department Reminds On Cash Transaction Limit. Details Here
Under Section 269ST of the Income Tax Act, accepting cash of Rs 2 lakh or more by any individual is restricted.
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Union Budget 2017: Rs 3 Lakhs Cap On Cash Transactions From April, Says Government
Transactions above Rs 3 lakh will not be allowed in cash, Finance Minister Arun Jaitley said today while announcing the budget.
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Cash Withdrawal Over 50,000 Should Be Taxed, Suggests Chief Ministers Panel
A cash transaction tax on withdrawals of Rs 50,000 and above in banks as well as a Rs 1,000 subsidy for purchase of smartphones by non-tax assesses and small merchants have been recommended by a Chief Ministers' panel today to encourage digital payments.
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Top Court Issues Directions To Implement Rs 2 Lakh Cap On Cash Transactions
When there is a law in place, it has to be enforced, the Supreme Court said on Wednesday while expressing concern over the unsatisfactory implementation of provisions of the Finance Act 2017 which capped the limit of cash transactions to Rs two lakh.
-
Centre Mulls Relaxing Cap Of Rs 2 Lakh Cash Transaction For Covid Treatment
The Centre informed the Delhi High Court on Friday that relaxation in cap of Rs 2 lakh cash transactions for COVID-19 treatment in hospitals is under "active consideration".
-
Income Tax Department Reminds On Cash Transaction Limit. Details Here
Under Section 269ST of the Income Tax Act, accepting cash of Rs 2 lakh or more by any individual is restricted.
-
Union Budget 2017: Rs 3 Lakhs Cap On Cash Transactions From April, Says Government
Transactions above Rs 3 lakh will not be allowed in cash, Finance Minister Arun Jaitley said today while announcing the budget.
-
Cash Withdrawal Over 50,000 Should Be Taxed, Suggests Chief Ministers Panel
A cash transaction tax on withdrawals of Rs 50,000 and above in banks as well as a Rs 1,000 subsidy for purchase of smartphones by non-tax assesses and small merchants have been recommended by a Chief Ministers' panel today to encourage digital payments.
