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The scheme seeks to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and setting the prices of international transactions in advance.

Govt removes 1 pc TCS on cash purchase above Rs 2 lakh

Jaitley made cash transactions above Rs 2 lakh punishable by a fine of an equivalent amount.

23 March 2017 7:01 PM IST

Tax payers will also need to quote their Aadhaar number while filing their returns as per the recently passed amendments in the Finance Bill.

I-T warns against cash dealings of Rs 2 lakh, seeks tip-off

In the 2017-18 Budget, Finance Minister Arun Jaitley had proposed to ban cash transaction of over Rs 3 lakh.

2 Jun 2017 1:32 PM IST