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Recommendation To Tax Cash Transactions Above INR 50,000

Recommendation To Tax Cash Transactions Above INR 50,000

Wednesday, January 25, 2017, 6:18 PM

The Finance Ministry is looking into a recommendation by the panel of Chief Ministers, to levy a tax on cash transactions above INR 50,000. These recommendations will be carefully examined and appropriate decisions taken. An interim report has been submitted by the committee to the Government. A report will also be submitted to the Prime Minister.
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