cash holding

The latest recommendations come after the earlier suggested limits of Rs 15 lakh and Rs 20 lakh were found to be too low.(Dhiraj Singh/Bloomberg)

SIT on black money suggests Rs 1 crore cap on cash holdings

By Press Trust of India | Press Trust of India, New Delhi
PUBLISHED ON JUL 19, 2018 06:56 PM IST
The SIT on black money has recommended that the entire amount found in seizures crossing that limit should go to the government treasury, Justice (retired) MB Shah, who heads the SIT said.
Story Saved