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Income tax rules

16 Dec 2023

Explained: How Much Cash You Can Keep At Home, What Are The Tax Rules?

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.

06 Mar 2020

Yes 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 RBI superseded the board of Yes Bank and imposed a month-long moratorium.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

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