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Total ban on cash transactions above Rs. 3,00,000: SIT

Total ban on cash transactions above Rs. 3,00,000: SIT

Jul 15, 2016, at 01:22 am

New Delhi, July 14 (IBNS): In an attempt to curb black money, the Special Investigation Team (SIT) on Thursday said that there should be a total ban on cash transactions above Rs. 3, 00,000 and an Act be framed to declare such transactions as illegal and punishable under law.

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Total ban on cash transactions above Rs. 3,00,000: SIT Thu, Jul 14 2016