Cash Transaction

Rs 2 lakh cash transaction limit, Aadhaar must for I-T returns: 40 proposals to amend Finance Bill

The amendments were all "incidental provisions" to the Finance Bill and relate to Budget announcements like combining some tribunals and creating uniform service conditions, said Finance Minister Arun Jaitley.

Akamai Acquires Velocius Networks

Velocius Networks is a provider of quality of service technology for optimising application traffic across enterprise networks, in a cash transaction.

No final decision on taxing cash transactions above Rs 50,000, says government

The Finance Ministry on Wednesday clarified that a final call on the recommendations of the panel of Chief Ministers, which includes a tax on cash transactions above Rs 50,000, is yet to be taken.

Demonetisation: Cashless shift to pull down MSME growth this year, shows Crisil survey

Because of greater reliance on cash, sales of MSMEs in smaller towns are expected to be impacted more than in metro and Tier 1 cities.

Demonetisation: As pay day kicks in, here are 6 ways to avoid crowding at banks

Use online modes of payments as much as possible and avoid going to the bank or ATM to withdraw cash

India can save upto Rs 70,000 cr in next five years by reducing cash transactions: Visa study

The Indian economy has a high cost of cash because of significant cost of time, effort and resources, operating and maintaining cash infrastructure, high cost of cash withdrawals, moving and managing cost, Visa said.