Budget 2019: 2% TDS on cash withdrawal not a new concept in India, but will you be impacted?

  Jul 05, 2019

Will you be impacted?

Jairaj Purandare, Chairman, JMP Advisors said, “With this proposal, the Government hopes to transition towards a ‘less cash economy’. This proposal is somewhat similar to Banking Cash Transaction Tax (‘BCTT’) which was levied from 1 June 2005, albeit at 0.1% of cash withdrawals and was withdrawn from 1 April 2009.”

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Industry Leaders Reaction on Budget 2019: Adi Godrej says Budget is not growth-oriented; stock market comes down considerably

  Jul 10, 2019

Prime Minister Narendra Modi’s government unveiled the Budget for 2019/2020 on Friday, seeking to reverse weakening growth and investment that threaten to take the shine off a recent landslide election…

What caused the market crash? Big tax hit sends FPIs running for cover

  Jul 09, 2019

“While one would continue to pay 10 per cent LTCG on income over Rs 1 lakh on listed shares, if the capital gains along with the other income heads exceeds…