close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Budget 2019: What does the budget hold for banks?

Jul 05, 2019, 07.40 PM (IST)
Finance Minister Nirmala Sitharaman has made a special announcement on cash withdrawals. She said now 2% TDS will be levied on cash withdrawal over Rs 1 crore and that too from bank accounts. It is done to boost digital payments.