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Tag Archives: cash transaxctions

100% penalty for cash transactions over ₹3 lakh: Hasmukh Adhia

cash transactions

Supposing you do a transaction of ₹4 lakh in cash, then the penalty would be ₹4 lakh. If you do a transaction of ₹50 lakh, penalty would be ₹50 lakh” Revenue Secretary Hasmukh Adhia says Delhi: In an attempt to check generation of black money, a steep penalty awaits those accepting ...

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