Breaking Govt may impose tax on cash withdrawl of 10 lakhs per year!

[Ashok Varma]

Govt may impose tax on cash withdrawl of 10 lakhs per year!
Tax on cash withdrawals: Govt mulling tax on cash withdrawal of Rs 10 lakh a year | India News - Times of India
Soon you may have to pay tax on cash withdrawal of Rs 10 lakh a year

 

[Abhi]

This is really a bad news indeed

 

[Raja]

That's why I haven't voted Modi.

Accha din start ho gaya.

About that step, my parents withdraw about 2 lakhs per month from a particular bank account which is their salary account. Then what should they do now? Only option left is kept that money idle in that account or increase their gpf per month premium massively.

Worst worst step if that happens. First tax in income then tax of taxed money for withdrawal!

 

[Akash Solanki]

Govt. Making fool & Earning Money saying Tax

 

[Advik]

What wrong in it ? they are promoting digital transactions
Good Move

 

[Lovethislife]

Modi ki Sarkar ....More to come wait and watch

 

[Abhi]

What wrong in it ? they are promoting digital transactions
Good Move

The wrong is that people will be charged for getting their own money. If this will happen then it will be not at all beneficial for anyone. Also it will lead to huge loss for Indian Economy. People didn't voted Modi Govt. for doing these kind of non sense. Charging unnecessarily in the name of promotion of digitalization is not fair.

 

[Ashok Varma]

The wrong is that people will be charged for getting their own money. If this will happen then it will be not at all beneficial for anyone. Also it will lead to huge loss for Indian Economy. People didn't voted Modi Govt. for doing these kind of non sense. Charging unnecessarily in the name of promotion of digitalization is not fair.

People were voted Modi with more MPs, even after failures of Demonitization and GST!

 

[Sai Jai]

Super waiting for the day paying tax for breathing oxygen from Tree's

 

[Dhanasekar]

People were voted Modi with more MPs, even after failures of Demonitization and GST!

I still did not believe that the BJP has won. Somehow they did the cheating with the EVM Machines...