Depositing cash in the bank is a regular task, but did you know exceeding certain limits could lead to hefty penalties? Here’s...
Sources told FE that about 1.5 MT each of rice and wheat have been sold under the Bharat brand. While the government...
Deposits into bank savings accounts are limited to a maximum of 10 lakh in currency. The income tax agency is now very...
How much cash can a person keep inside his/her house? What are the income tax rules about keeping cash? What will happen...
To tackle the problem of tax evasion and prevalence of black money there are several rules made by the Government of India...
One needs to remain alert while doing any kind of high value cash transaction because the Income Tax Department has become highly...
India has long been a cash economy and cash still remains a well-established and widely-used payment mode. While the government’s push to...
India’s national biometric ID Aadhaar can now be used for cash transactions of more than Rs 50,000 and all other purposes where...