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Cash transaction limit News

Credit card bill payment

04 Jul 2017

Credit card bill payment exempt from cash dealing limit of Rs 2 lakh

Restrictions on cash dealings of Rs 2 lakh or more will not apply to credit card bill payments, business correspondents appointed by banks and issuers of prepaid instruments, the revenue department has said.

New rules from April 1

31 Mar 2017

New rules from April 1: All you need to know

ac rupees stopped from tomorrow. Watch the full segment for more details.

22 Mar 2017

Finance Bill 2017 passed in Lok Sabha: Key highlights you should know

The Lok Sabha on Wednesday approved a ban on cash transactions above Rs 200,000 (USD 3,055), enacting tax measures from last month annual budget aimed at boosting investment in the country.

22 Mar 2017

Lok Sabha passes Finance Bill

The Lok Sabha on Wednesday passed the Finance Bill after various amendments presented by Union Finance Minister Arun Jaitley.

cash transaction limit

21 Mar 2017

Govt proposes cap of Rs 2 lakh on cash transactions as against Rs 3 lakh proposed in Budget

Continuing with government steps to clamp down on black money, Finance Minister Arun Jaitley on Tuesday proposed a cap of Rs 2 lakh on cash transactions, down from Rs 3 lakh as proposed in the Budget.

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