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    • Loans, card payments above Rs 2 lakh in cash to be shown in ITR

      Loans, card payments above Rs 2 lakh in cash to be shown in ITR

      All cash payments of over Rs 2 lakh for paying loans and credit card bills during the 50-day period post demonetisation will have to be disclosed in the new one-page Income Tax return form.

    • Assam govt stops cash payment in majority areas

      Assam govt stops cash payment in majority areas

      The Assam government has stopped cash payments in majority sectors as money is being transferred through Real-time gross settlement systems (RTGS) and online mode, Industry Minister Chandra Mohan Patowary today said.

    • Sales stabilising; cash transactions down to 10-15%: Biyani

      Sales stabilising; cash transactions down to 10-15%: Biyani

      Even as citizens are coming to terms with the government‘s demonetisation drive, Future Group‘s Kishore Biyani says that cash payments at its retail chains have dipped and consumers are moving towards digital payment mediums.

    • No discrepancy in e-series stock holdings in vaults: NSEL

      No discrepancy in e-series stock holdings in vaults: NSEL

      The National Spot Exchange Limited (NSEL) today announced that its stock positions of Gold, Silver and Platinum, for e-series contracts tallies with depository records.

    • Sebi asks cos to use electronic mode to make cash payments

      Sebi asks cos to use electronic mode to make cash payments

      Market regulator Sebi has asked all listed companies to use electronic mode for making cash payments to investors, a move that would help check misuse of funds.

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