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Govt to lower cash transaction limit to Rs 2 lakh

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The government is pushing hard to make India cashless and the centre has decided to further stricken norms to discourage payments by cash as well as curb black money. To reach its goal, the union government proposed to cap cash transaction to Rs 2 lakh from the earlier proposal of Rs 3 lakh in the Union Budget.The bill proposes to levy a service charge on all cash transaction above Rs 2.NYOOOZ TV Videos - Dedicated to bringing you the latest and best in politics, sports, current affairs and entertainment world. From traditional sports like cricket to best Bollywood entertainment news, NYOOOZ TV is a must watch for news updates.Download our Apps on :Google Play Store :https://play.google.com/store/apps/de...Apple Istorehttps://itunes.apple.com/us/app/newzs...Our Websitehttp://www.nyoooz.com

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