Payments exceeding Rs. 10,000/- in cash to be disallowed

Last updated: 01 February 2018

Stricter controls over small cash flow by companies; Payments exceeding Rs. 10,000/- in cash made by such entities shall be disallowed In order to control the cash economy and increase TDS compliance, the Union Finance and Corporate Affairs Minister Shri Arun Jaitley proposed to impose restricti

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