UNION BUDGET 2017: RESTRICTION ON CASH TRANSACTION Limit for disallowance of business expenditure made in cash is reduced from Rs 20,000 to Rs 10,000 made to a person per day. (Limit of Rs 35,000 for payment made to transporters however Read more…
Tag: Cash transactions
In order to promote digitisation system in the economy, the Central Government of India is making amendments in laws in every year’s budget. Take an example of Budget of F.Y.2017-18, the government has introduced new section 269ST limiting cash transactions Read more…