Who is exempt from the new limit of Rs. 3 lakhs on cash transactions?

Forums Budget 2017 Who is exempt from the new limit of Rs. 3 lakhs on cash transactions?

Who is exempt from the new limit of Rs. 3 lakhs on cash transactions?

I heard that cash transactions above 3 lakhs will be banned. Is the limit also applicable for everyone? Are there any exceptions?

Profile photo of  Shraddha Dixit Asked By: Shraddha Dixit 1 replies 1 helpful answers Last Updated: 7 months, 3 weeks ago
  • Profile photo of  Shraddha DixitShraddha Dixit
    Participant

    I heard that cash transactions above 3 lakhs will be banned. Is the limit also applicable for everyone? Are there any exceptions?

  • Profile photo of Neha JoshiNeha Joshi
    Moderator

    There are no exceptions. The limit is applicable to everyone.

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