Friday 5 May 2017

Reader’s Response: Cash transaction limit lowered


                                             No respite from problems
A large per cent of the purchases are for items that cost Rs 2 lakh or more and a large percentage of these are in cash. Already, sales are down due to the various policy measures from showing PAN card for transactions to demonetisation. The new proposal will add to the problems.

KV Keshava Murthy
Director, Sri Keshava Jewellers
Chitradurga

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