UPI's Popularity to Help Digital Transactions Exceed Cash Soon in India: PM Narendra Modi
PM Narendra Modi along with his Singaporean counterpart Lee Hsien Loong witnessed the launch of cross-border connectivity between the UPI and PayNow of Singapore via video conferencing.
Feb 21, 2023, 15:46 PM IST
Credit card bill payment exempt from cash dealing limit of Rs 2 lakh
Restrictions on cash dealings of Rs 2 lakh or more will not apply to credit card bill payments, business correspondents appointed by banks and issuers of prepaid instruments, the revenue department has said.
Jul 04, 2017, 15:47 PM IST
Income Tax department warns against cash dealings of Rs 2 lakh, seeks tip-off
Income Tax department on Friday warned people against indulging in cash transaction of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty.
Jun 02, 2017, 17:11 PM IST
Money Guru | Why there are so many bank charges on the name of transactions?
Why there are so many bank charges on the name of transactions?. Watch the full segment for more details.
Apr 13, 2017, 15:41 PM IST
Govt proposes cap of Rs 2 lakh on cash transactions as against Rs 3 lakh proposed in Budget
Continuing with government steps to clamp down on black money, Finance Minister Arun Jaitley on Tuesday proposed a cap of Rs 2 lakh on cash transactions, down from Rs 3 lakh as proposed in the Budget.
Mar 21, 2017, 17:24 PM IST
HDFC Bank begins to levy cash transaction fee
In a bid to discourage cash transactions, from March 1, customers carrying out financial transactions at HDFC Bank branches will have to pay a fee if the number of transactions exceed beyond four.
Mar 01, 2017, 20:28 PM IST
2 bank employees exchange Rs 6 lakh without ID, get booked for cheating
Police in Hyderabad booked two employees of a bank for exchanging demonetised notes worth Rs 6 lakh without identification proof.
Nov 14, 2016, 14:11 PM IST
Government to impose ban on cash transactions above Rs 3 lakh
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Aug 22, 2016, 20:37 PM IST
RBI working on regulation to curb frauds in e-transactions
The RBI is working to put in place a regulatory framework to address customer grievance and liability issues arising out of frauds in electronic transactions, Government said on Tuesday.
May 03, 2016, 16:14 PM IST
PAN to be mandatory for cash transactions above Rs 2 lakh: FM Jaitley
In a bid to check generation of domestic black money, the government will soon issue a notification making quoting of PAN mandatory for all cash transactions beyond Rs 2 lakh, Finance Minister Arun Jaitley said Tuesday.
Dec 15, 2015, 18:55 PM IST
