Finance India - Withdrawing Rs 10 Lakh A Year May Attract 3-5% Tax: Finance Ministry | कैश पर टैक्स

Withdrawing a cumulative ₹10 lakh a year can attract 3-5 per cent tax if a proposal going around in the Finance Ministry takes shape in the Budget to track high value cash deals and make digital payments mandatory. In its push towards a digital economy, the central government is thinking of introducing a tax of 3-5 per cent on cash withdrawal of ₹10 lakh in a year, a move to discourage cash usage in the economy and resultant black money. Watch the Video now for full details :

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