2024 Cash Transaction Limits in India: A Complete Guide| Income Tax Notice 2024| #cash #incometax

The Indian government has set limits on cash transactions to discourage large-scale cash handling and promote digital payments. Currently, individuals cannot conduct cash transactions exceeding ₹2 lakh for any single purpose. This applies to both receiving and paying cash. Exceeding this limit attracts penalties. This rule aims to curb tax evasion and promote transparency in financial transactions.

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"कैश सौदे की सीमा क्या है?"
What is the cash transaction limit?
"कैश में लेन-देन की सीमा क्या है भारत में?"
What is the cash transaction limit in India?
"कैश सौदों पर क्या है आयकर विभाग का नियम?"
What are the tax department rules on cash transactions?
"कैश सौदों पर कैसे बचें आयकर विभाग के दंड से?"
How to avoid penalties on cash transactions by the tax department?
"कैश में लेन-देन पर कैसे लगता है टैक्स?"
How is tax applied on cash transactions?
"कैश सौदे की सीमा बढ़ाने के नियम"
Rules for increasing the cash transaction limit
"कैश सौदे पर नए नियम और शर्तें"
New rules and conditions on cash transactions
"कैश सौदों का प्रतिबंध और नियम"
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