Income Tax Dept warns public against cash dealings of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty.

Union Budget to be presented on July 5, 2019

The Union Budget for the Financial Year 2019-20 will be presented in the Lok Sabha on Friday, July 05, 2019 at 11.00 am. The Union Cabinet, chaired by the Prime Minister Narendra Modi, in its first meeting, has approved the summoning of the 17th Lok Sabha on Monday, June 17, 2019 and subject to the exigencies of Government Business, the Session will conclude on Friday, the 26th of July, 2019.

Refer:www.taxmann.com

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