Cash Transaction
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Nepal Caps Cash Transactions At Rs 3 Lakh To Curb Money Laundering
The Nepali government has imposed a limit of NPR 500,000 (Rs 3,13,287.52) on cash transactions for the purchase or sale of goods and services in a single transaction, effective from January 15.
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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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High-Value Cash Transactions At Hotels, Hospitals Come Under Income Tax Scrutiny
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a "non-intrusive" manner, the CBDT has asked the I-T department.
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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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State Bank Of India (SBI) ATM Cash Withdrawal Limit, Rules Explained
These ATM cards enable customers to withdraw up to a certain daily limit.For example,SBI's My Card International debit card allows customers to withdraw up to Rs 40,000 per day, and make online transactions up to Rs. 75,000 per day, according to the bank's corporate website - sbi.co.in.
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Paying Cash Over The Limit At Hospitals, Banquet Halls, Can Land You In Trouble
Accepting Rs 20,000 or more in cash for a loan or deposit is prohibited, and such transactions must be done through banking channels.
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Cash Transactions: Here Are The Limits And Penalties Under The Income Tax Rules
The government has set various limits on cash transactions to combat black money. Know the cash transactions that may invite serious penalties.
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No Final Decision On Taxing Cash Transactions Above Rs 50,000: Government
The Finance Ministry on Wednesday clarified that a final call on the recommendations of the panel of Chief Ministers, which includes a tax on cash transactions above Rs 50,000, is yet to be made.
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Digital Transactions Will Soon Exceed Cash Payments In India: PM Modi
Prime Minister Narendra Modi today expressed hope that digital transactions will soon surpass cash as Unified Payments Interface (UPI) is increasingly becoming the most preferred payment mechanism in the country.
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Paying Cash Over The Limit At Hospitals, Banquet Halls, Can Land You In Trouble
Accepting Rs 20,000 or more in cash for a loan or deposit is prohibited, and such transactions must be done through banking channels.
-
Cash Transactions: Here Are The Limits And Penalties Under The Income Tax Rules
The government has set various limits on cash transactions to combat black money. Know the cash transactions that may invite serious penalties.
-
Aadhaar Can Be Used For Cash Transactions Above Rs 50,000: Official
The Aadhaar can now be quoted for cash transactions of more than Rs 50,000 and all other purposes where traditionally income tax PAN number was a must, according to a top official.
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State Bank Of India (SBI) ATM Cash Withdrawal Limit, Rules Explained
These ATM cards enable customers to withdraw up to a certain daily limit.For example,SBI's My Card International debit card allows customers to withdraw up to Rs 40,000 per day, and make online transactions up to Rs. 75,000 per day, according to the bank's corporate website - sbi.co.in.
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Sweden Seen Likely to Force Banks to Handle Cash Transactions
Sweden might enact proposed legislation that had been roundly criticized by the banking industry and called potentially illegal.
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Poll Body Lowers Daily Cash Transaction Limit Of Campaigning Candidates
In a bid to check excess flow of money in electioneering, the Election Commission (EC) has lowered the limit of cash transactions by candidates for campaigning purposes from Rs. 20,000 to Rs. 10,000 per day. In an instruction sent to all chief electoral officers, the poll panel said that for transactions beyond Rs 10,000, the candidates and parties...
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Nepal Caps Cash Transactions At Rs 3 Lakh To Curb Money Laundering
The Nepali government has imposed a limit of NPR 500,000 (Rs 3,13,287.52) on cash transactions for the purchase or sale of goods and services in a single transaction, effective from January 15.
-
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.
-
High-Value Cash Transactions At Hotels, Hospitals Come Under Income Tax Scrutiny
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a "non-intrusive" manner, the CBDT has asked the I-T department.
-
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.
-
State Bank Of India (SBI) ATM Cash Withdrawal Limit, Rules Explained
These ATM cards enable customers to withdraw up to a certain daily limit.For example,SBI's My Card International debit card allows customers to withdraw up to Rs 40,000 per day, and make online transactions up to Rs. 75,000 per day, according to the bank's corporate website - sbi.co.in.
-
Paying Cash Over The Limit At Hospitals, Banquet Halls, Can Land You In Trouble
Accepting Rs 20,000 or more in cash for a loan or deposit is prohibited, and such transactions must be done through banking channels.
-
Cash Transactions: Here Are The Limits And Penalties Under The Income Tax Rules
The government has set various limits on cash transactions to combat black money. Know the cash transactions that may invite serious penalties.
-
No Final Decision On Taxing Cash Transactions Above Rs 50,000: Government
The Finance Ministry on Wednesday clarified that a final call on the recommendations of the panel of Chief Ministers, which includes a tax on cash transactions above Rs 50,000, is yet to be made.
-
Digital Transactions Will Soon Exceed Cash Payments In India: PM Modi
Prime Minister Narendra Modi today expressed hope that digital transactions will soon surpass cash as Unified Payments Interface (UPI) is increasingly becoming the most preferred payment mechanism in the country.
-
Paying Cash Over The Limit At Hospitals, Banquet Halls, Can Land You In Trouble
Accepting Rs 20,000 or more in cash for a loan or deposit is prohibited, and such transactions must be done through banking channels.
-
Cash Transactions: Here Are The Limits And Penalties Under The Income Tax Rules
The government has set various limits on cash transactions to combat black money. Know the cash transactions that may invite serious penalties.
-
Aadhaar Can Be Used For Cash Transactions Above Rs 50,000: Official
The Aadhaar can now be quoted for cash transactions of more than Rs 50,000 and all other purposes where traditionally income tax PAN number was a must, according to a top official.
-
State Bank Of India (SBI) ATM Cash Withdrawal Limit, Rules Explained
These ATM cards enable customers to withdraw up to a certain daily limit.For example,SBI's My Card International debit card allows customers to withdraw up to Rs 40,000 per day, and make online transactions up to Rs. 75,000 per day, according to the bank's corporate website - sbi.co.in.
-
Sweden Seen Likely to Force Banks to Handle Cash Transactions
Sweden might enact proposed legislation that had been roundly criticized by the banking industry and called potentially illegal.
-
Poll Body Lowers Daily Cash Transaction Limit Of Campaigning Candidates
In a bid to check excess flow of money in electioneering, the Election Commission (EC) has lowered the limit of cash transactions by candidates for campaigning purposes from Rs. 20,000 to Rs. 10,000 per day. In an instruction sent to all chief electoral officers, the poll panel said that for transactions beyond Rs 10,000, the candidates and parties...
