Payment of labour/ salary/ wages / bonus for more than rs.1000/- is to be made compulsory by cheque. ture or false

Rupa Patel (Accountant) (102 Points)

09 May 2017  
Hi I got one whatsapp forward msg regarding Important Changes w.e.f 01/04/2017, in this one point i.e. Any payment of labour/ salary/ wages / bonus for more than Rs.1000/- is to be made compulsory by cheque. can any one please confirm is it true or not even please share the changes done by IT department in the cash transaction.