'No proposal to replace income tax with transaction tax'
There is no proposal to replace income tax with the banking cash transaction tax, Parliament was informed on Friday.
Mar 17, 2017, 19:28 PM ISTNo decision yet on imposing tax on cash transactions: Govt
The government has not taken any decision on levying a Banking Cash Transaction Tax (BCTT) on cash deals of Rs 50,000 and above as suggested by the high- powered Chief Ministers' panel, Economic Affairs Secretary Shaktikanta Das said on Thursday.
Feb 09, 2017, 14:57 PM IST