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Financial advisor tax tips

Accepting over ₹2 lakh in cash? Financial advisor warns splitting payments won’t save you from tax penalty

21 March 2025 by Admin
Accepting over ₹2 lakh in cash? Financial advisor warns splitting payments won’t save you from tax penalty

Cash is still king in many corners of India, especially in real estate, business deals, and social functions. But crossing certain limits in cash transactions can flip that crown — and cost you everything. Financial advisors and tax experts have been raising red flags on social media, warning that large cash deals can trigger harsh … Read more

Categories Economy Tags Are wedding payments in cash legal in India, Business cash payment limits, Can I accept more than ₹2 lakh in cash, Cash payments in property deals, Cash penalty in India, Cash transaction limit India, Digital payment alternatives India, Financial advisor tax tips, How to avoid cash transaction penalties in India, Indian tax law cash transactions, Indian wedding cash rules, Penalty for cash transactions, Real estate cash payment rules, Section 269ST Income Tax Act, Tax penalties on cash deals, Tax rules for real estate cash payments, What is the cash transaction limit in India, ₹2 lakh cash limit Leave a comment

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