Tag: Go Cashless
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
Photo: Google
Election Commission Asks For Ban On Anonymous Donations
The Election Commission has proposed reducing the limited for anonymous donations from Rs. 20,000 to Rs. 2000, which could be further brought down. It wants to amend the Represent the People Act, 1951 to ensure political parties maintain all accounts of donations and submit audited accounts annually. It said that… Read More
