<h1>Government Caps Cash Transactions at Rs. 2 Lakh in Finance Bill Amendments; Opposition Protests Money Bill Classification.</h1> The government proposed a cap on cash transactions at Rs. 2 lakh, reduced from the initially planned Rs. 3 lakh, as part of 40 amendments introduced to the Finance Bill. This move, intended to enhance tribunal efficiency by consolidating them from 40 to 12, faced opposition protests for being a back-door approach. The Speaker overruled objections, classifying the amendments as a Money Bill. Violations of the cash transaction cap will incur penalties equal to the transaction amount. Finance Minister defended the amendments, citing historical precedence and the necessity of detailing tax impositions and related provisions.