Latest News on Cash Transaction
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Cash Transaction - Total results - 10
Aug 30, 2018
Demonetisation reduced cash transactions, encouraged digital payments: Niti Aayog VC Rajiv KumarAs per the RBI Annual Report released on Wednesday, 99.3 percent of the demonetised Rs 500 and Rs 1,000 notes were returned to the banking system.
Aug 29, 2017
Rs 2 lakh cash dealings: Income Tax department issues warning yet again, urges to go cashlessThe central government had banned cash transactions of Rs 2 lakh or more from April 1, 2017, through the Finance Act 2017.
Jun 14, 2017
Over 3.53 lakh cases of fake currencies detected by Indian banks is highest in 8 years: ReportFIU, during 2014-15, also received a total of 58,646 suspicious transaction reports from all types of banks, financial institutions like insurance companies
Jun 02, 2017
Curb on Rs 2 lakh cash dealings: Receiver will have to pay 100% penalty too, says I-T deptPost the demonetisation of Rs 500 and Rs 1,000 notes, people with unaccounted wealth had illegally converted their black money held in old notes to new Rs 500 and Rs 2,000 notes
Mar 22, 2017
Rs 2 lakh cash transaction limit, Aadhaar must for I-T returns: 40 proposals to amend Finance BillThe 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.
Jan 25, 2017
No final decision on taxing cash transactions above Rs 50,000, says governmentThe 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.
Jan 06, 2017
Demonetisation: Cashless shift to pull down MSME growth this year, shows Crisil surveyBecause of greater reliance on cash, sales of MSMEs in smaller towns are expected to be impacted more than in metro and Tier 1 cities.
Nov 30, 2016
Demonetisation: As pay day kicks in, here are 6 ways to avoid crowding at banksUse online modes of payments as much as possible and avoid going to the bank or ATM to withdraw cash
Oct 06, 2016
India can save upto Rs 70,000 cr in next five years by reducing cash transactions: Visa studyThe 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.
Nov 12, 2013
Akamai Acquires Velocius NetworksVelocius Networks is a provider of quality of service technology for optimising application traffic across enterprise networks, in a cash transaction.