Finance Bill 2017 Enforces 100% Penalty on Cash Transactions Over Rs. 2 Lakh Starting April 1, 2017.

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....100% penalty on cash transaction over ₹ 2 lakh (originally it was proposed as 3 lakh) from April 1, 2017 - Loksabha Passed the Finance Bill, 2017 today i.e. 22-3-2017....