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About 149 results for "cash st"

Buying jewellery over Rs 2L cash to attract 1% tax from April 1

Buying jewellery over Rs 2L cash to attract 1% tax from April 1

Cash purchases of jewellery will attract 1 per cent TCS (tax collected at source) from April 1 if the amount exceeds Rs 2 lakh, as against the current threshold of Rs 5 lakh. Once the Finance Bill 2017 is passed, jewellery will be treated on par with general goods which attract 1 per cent TCS on cash purchase of above Rs 2 lakh. The Bill seeks to do away with the threshold of Rs 5 lakh on jewellery purchases for applicability of TCS because the Union Budget 2017-18 has proposed to ban cash ..., 15 hours ago

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Delhi AIIMS gets 1st prize for cleanliness, PGIMER third

Premier health institute AIIMS, New Delhi, has won the first prize, and a cash reward of Rs 5 crore, for maintaining high standards of sanitation and hygiene under the Government's Kayakalp awards.
 DNA4 days ago

100% penalty on cash transactions over Rs 3 lakh

In a bid to check generation of black money, a steep penalty awaits those accepting cash in excess of Rs 3 lakh, beginning April 1, to settle any transaction. A ban on cash transaction of more than Rs 3 lakh has been proposed in the Budget for 2017-18. In an interview to PTI, Revenue Secretary Hasmukh Adhia said the penalty for doing cash transaction will be steep and the receiver will have to pay an amount equivalent to the cash received. "Supposing you do a transaction of Rs 4 lakh in cash, ...
 Rediff.com2 weeks ago Penalty of equal amount for receiving cash over Rs 3 lakh: Adhia  Deccan Herald2 weeks ago

Indian businessman announces cash prize for Paralympics heroes

Paralympians, including shotputter Deepa Malik and jevelin thrower Devendra Jhajharia, will be bestowed with cash awards for their medal-winning performance at the 2016 Rio Paralympics. An Indian businessman, Mukkattu Sebastian has announced a cash prize of ...
 Business Standard1 month ago

Gang of 3 rob man of cellphone, cash

A 35-year-old man was robbed of his mobile phone and Rs 5,000 in cash by three unidentified bike-borne men in Peenya, north Bengaluru, in the early hours of Saturday. Raju, who works at a travel agency, left his house at 4 am to visit his hometown, Kunigal, ...
 Deccan Herald1 month ago

No place for corruption in 21st century India: PM Modi

Contending that large volumes of liquid cash are a big source of corruption and black money, PM Narendra Modi today appealed to the people to "lead the change" towards cashless transactions to lay the strong foundations of an India where there is no place for ...
 catchnews.com2 months ago Large liquid cash big source of corruption: Modi  Mathrubhumi2 months ago Large volumes of cash source of corruption: PM Modi  Deccan Herald2 months ago Modi takes to LinkedIn to pitch for cashless transactions  Rediff.com2 months ago

Reporting Cash Transactions under Rule 114E of Income –Tax Rules, 1962

Rule 114E of Income-Tax Rules, 1962, for furnishing Statement of Financial Transactions (SFT) came into force with effect from 1st April, 2016. Any person who is liable for audit under section 44AB of the Income-Tax Act, 1961 is required to furnish a ...
 PIB1 month ago

Demonetisation effect? No cash garland, no pomp and show on Mayawati's 61st birthday

Mayawati's party has decided to celebrate her birthday with simplicity at a time when the Narendra Modi government at the Centre is trying to push the country towards cashless economy with its decision to ban the old currency notes of high denomination.
 Zee News2 months ago

Sugar firms unfazed by cash crunch

The fall of 700 a tonne in sugar prices in November is unlikely to hit the prospects of sugar companies as the stable cane prices would help companies protect their profitability. After remaining stable at 36,000/tonne in September, sugar prices touched a ...
 Business Line2 months ago Cash cull to hit sugar production  The Financial Chronicle2 months ago

Coffee growers struggle to pay workers as harvest begins

The cash crunch triggered by demonetisation of high value notes of 500 and 1,000 and the subsequent limits imposed on bank withdrawals has put the coffee growers in a quandary, especially at the start of the harvesting season. Plantation owners in recent ...
 Business Line2 months ago
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