Explained: How Much Cash You Can Keep At Home, What Are The Income Tax Rules In This Regard?
According to the Income Tax Act, there's no specific restriction on the amount of money stored at home. However, during an income tax raid, it becomes crucial for an individual to substantiate the source of the money.
Dec 16, 2023, 09:53 AM ISTYes bank withdrawal limited to 50 thousand, Rbi says, not to panic
After Pnb one more bank fraud is in the market. RBI superseded the board of Yes Bank and imposed a month-long moratorium. Rbi told to customers not to panic in the situation of cash withdrawal
Mar 06, 2020, 09:08 AM IST