Cash payment

Nokia settles patent dispute with Apple

Nokia has settled its patent dispute with Apple and signed a business collaboration deal with the U.S. giant, the Finnish firm said on Tuesday, sending its shares sharply higher.

May 23, 2017, 13:27 PM IST

Government instructs private hospitals in Delhi to accept cheques, drafts

Delhi government has issued strict instructions to all private hospitals to accept cheques, demand drafts and online payments from patients.

Nov 18, 2016, 15:36 PM IST

TCS to be levied above Rs 2 lakh only if payment in cash: CBDT

CBDT has issued a new circular clarifying that the Tax Collected at Source (TCS) levy will not be applicable when cash part of the payment for certain goods or services is less than Rs 2 lakh, even when the total payment is more than this amount.

Jun 27, 2016, 15:05 PM IST

PAN must for Rs 50K cash to settle hotel bills, foreign airfare and Rs 2 lakh transaction

Quoting PAN will be mandatory from January 1 for cash payment made to settle hotels bills or for buying foreign travel tickets of Rs 50,000 as the government tightened disclosure norms to check generation of domestic black money.

Dec 15, 2015, 22:13 PM IST