Income Tax Alert: Rules For Keeping Cash At Home You Must Know

With the rise in digital transactions , especially post-COVID-19, a significant portion of the population now prefers online payment methods. However, cash transactions still play a major role in daily financial dealings, particularly for those who are not comfortable with internet-based transactions. This leads many people to store substantial amounts of cash at home. But how much cash is too much? Here are the rules and potential consequences you need to be aware of.