Cash Payment Limit Reduced To Rs. 2 Lakh To Check Black Money...
Photo: Business Standard

Cash Payment Limit Reduced To Rs. 2 Lakh To Check Black Money…

With the goal to check money laundering, black money and terrorism funding, government will be reducing the cash transaction limits further from the current Rs. 3 lakhs to Rs. 2 lakhs. Beyond these limits, a PAN card would be required. And if one is in violation, both the individuals and… Read More

  • http://www.business-standard.com/article/economy-policy/rs-2-lakh-is-the-cash-transaction-limit-aadhaar-mandatory-for-i-t-returns-117032101061_1.html
  • 26 Mar 2017
  • WerIndia
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