Tag Archives: Section 188

New Cash Transaction Limits Under the Income Tax Act 2025

By | February 16, 2025

Cash Transaction Limits Under the Income Tax Bill 2025 The Income Tax Bill 2025 introduces significant changes to cash transaction limits in India. This video provides a comprehensive overview of the new rules, covering: Restrictions on cash receipts (₹2 lakh limit) Limits on cash expenses for businesses (₹10,000/₹35,000) Rules for accepting and repaying loans in… Read More »

Section 188 of Insolvency and Bankruptcy Code 2016

By | August 8, 2016

Section 188  of Insolvency and Bankruptcy Code 2016 Section 188 Establishment and incorporation of Board. PART IV REGULATION OF INSOLVENCY PROFESSIONALS, AGENCIES AND INFORMATION UTILITIES CHAPTER I THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA Establishment and incorporation of Board. 188. (1) With effect from such date as the Central Government may, by notifi-cation, appoint, there shall be… Read More »