Page 2 - Cash Transactions

Soon you may have to pay tax on cash withdrawal of Rs 10 lakh a year

The government may also mandate Aadhaar authentication for all high-value cash withdrawals in order to track individuals and tally tax returns.

Cash is falling out of fashion- will it disappear forever?

As of 2013, approximately 85% of the world's transactions involved cash.

Health insurance to donations: Don't use cash for these transactions

The government has proposed to lower the cash transaction limit to Rs 2 lakh

Cash transactions proposed to be capped at Rs 2 lakh

This is down from Rs 3 lakh as proposed in the Budget

Free withdrawal days are over: ICICI, Axis, HDFC Bank restore cash charges

The new charges would apply to savings as well as salary accounts effective from today