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    SC issues slew of directions for implementation of Rs 2 lakh cap on cash transactions
    50 destinations: Informal talks with states begun, first set likely to be identified by end of 2025
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    April 16, 2025
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    Cash transaction cap enforcement: courts must notify tax authorities of alleged cash payments in property transactions.
    The Supreme Court directed that courts and Sub-Registrars must notify the jurisdictional Income Tax Authority whenever pleadings or registration documents claim cash consideration at or above the statutory ceiling so the tax authority can verify the transaction, examine potential violation of Section 269ST, follow due process, and pursue penalty or disciplinary steps where registering officers fail to report such transactions.
    April 16, 2025
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    Top tourist destinations development: guidelines to be prepared with states, informal consultations underway and sites to be identified this year.
    The central government is preparing guidelines to develop the top tourist destinations in partnership with states; informal consultations have begun and the first set of destinations is expected to be identified by year-end. Supporting measures include skill development in hospitality, lending support for homestays, streamlined e-visa procedures, and performance linked incentives for states. The Ministry has increased its budget to bolster tourism infrastructure, connectivity and tourist safety, and prioritises sustainability and improved destination management to address overcrowding.

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