In a bid to check generation of black money, a steep penalty awaits those accepting cash in excess of ?3 lakh, beginning April 1, to settle any transaction. A ban on cash transaction of more than ?3 lakh has been proposed in the Budget for 2017-18. In an interview to PTI, Revenue Secretary Hasmukh Adhia […]
Read more / Original news source: http://kanglaonline.com/2017/02/100-penalty-for-cash-transactions-over-%E2%82%B93-lakh-adhia/