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2% tax on cash withdrawals

Chalanachithram.com DB » New TF Industry Related » Archive through July 07, 2019 » 2% tax on cash withdrawals « Previous Next »
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Rrunner
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Posted on Saturday, July 06, 2019 - 03:49 pm:       

alage above 10 lakhs vehicle kontey 1% TDS katti claim chesukovali tax.

Ivanni guilty until proven innocent type lo rules, redtapism.
 

Rrunner
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Posted on Saturday, July 06, 2019 - 03:45 pm:       

2% tax on cash withdrawal is actually TDS which can be claimed back in tax return.

NRI house property sale chestey buyer cheta 20% TDS kattipinchi, at the time of tax return claim cheyyali rule prakram, kani entha mandhi chestaru idi?
 

Baatasari
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Posted on Saturday, July 06, 2019 - 12:53 pm:       

its a way to stop big CASH transactions - since the whole idea of demon is to stop black currency circulating in the economy..

what stops them from reducing 1cr to 1lakh ani argue chese point - its baseless cos that wont happen.. black chese vadi scale batte thresholds decide chestunaru.. and also the impacted audience should be small so backlash shdnt be huge..

like now RICH people are going to be taxed more... upto 42% .. impacted are mostly HNIs who wont take to streets, wont impact elections much..
brahma satyam jagan-mithyä jivo brahmaiva näparah
 

Ramjirao
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Posted on Saturday, July 06, 2019 - 10:39 am:       

Janasena brother,

It's just a deterrent t discourage people from doing cash transactions. Even otherwise desam lo 1cr and above cash withdrawals chese janaalu enthamandhi vuntaaru. One cr cash vundevaalle thakkua
 

Janasena
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Posted on Saturday, July 06, 2019 - 10:32 am:       


Cool_indian:

Tell me one reason(other than my money - my wish) why you want to do such a huge cash transaction. What is stopping you from making a banking transaction. The only reason I see is that they want to hide the transaction.


may be i just want to withdraw, or withdraw and give it to my kids or what ever

If "Why" is the question, how can why become right if I pay 2%, bribing mindset anthe idi govt ki
 

Rocketk2
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Posted on Saturday, July 06, 2019 - 10:22 am:       


Savyasachi:


what you said is mostly true. Andhuke, even though I see n argument for genuine reasoning with 2% tax, I could not agree with some of justifications given here in support of it

Government, I believe, is using this as deterrent not as revenue source as suggested in this thread. I go back to example of smoking, the tax is to deter the usage of tobacco.
This is also to discourage the people from making major cash transactions and you are right.. Nothing stops government from moving it down to 1lkh.
However, the motive behind taxation suggests it might not happen
 

Cool_indian
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Posted on Saturday, July 06, 2019 - 10:09 am:       


Savyasachi:

adi tagginchadaniki ee pani chestunnadu ani sankal guddukuntunnaru but meeku okati artam avvatledhu




Tell me one reason(other than my money - my wish) why you want to do such a huge cash transaction. What is stopping you from making a banking transaction. The only reason I see is that they want to hide the transaction.
 

Savyasachi
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Posted on Saturday, July 06, 2019 - 09:54 am:       

when abraham lincoln introduced federal income tax back in 1861,ppl were furious why do we have to pay taxes ani, then he said he is only taxing the rich ppl appudu andaru sankal guddukunnaru na G kindaki neelu ravatledhu kada ani, now see what happened

ee tax support chese janal okati artam avvatledhu. aadevado illegal panul chese vadiki antha cash kavali , adi tagginchadaniki ee pani chestunnadu ani sankal guddukuntunnaru but meeku okati artam avvatledhu

what is stopping modi or any other govt from bringing it from 1cr to 1 lakh.

its your cash you deposited into the bank after paying taxes. why double taxation?

ippudu 1crore ee kada ani sankal guddukuntunnaru, vadevado kadatadu le ani.
 

Cool_indian
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Posted on Saturday, July 06, 2019 - 09:47 am:       

2% kadu 20% veyyali...enduku raa antha cash...cash withdraw cheyyadam...illegal transactions cheyyadam for avoiding tax etc.

Bank transactions cheskondehe
 

Pullarao
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Posted on Saturday, July 06, 2019 - 09:25 am:       

20-25% ala cheyalsindi.

2% aithe tax 30% eggotte badulu 28% eggodatharu.
 

Janasena
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Posted on Saturday, July 06, 2019 - 09:04 am:       


Wellsfargo:

you are not understanding swamy. iche vaadiki check aina cash aina okate. teesukune vaadu black lo aduguthunnadu so that he can evade taxes. iche vaadiki extra cost aithe nenu white lo ne istha, naaku extra cost avuthadi. nee kosam neneduku pettali ani aduguthadu, obvious gaa tagguthadi


iche vaadine dobbali, teesukune vallanu maatram emi cheyyalemu kikiki

malli ippudu iche vaadu ivvakunte teesukune vaadu teesukodu gaa ane logic loki raaku, majority of money is black in India, it doesnt even sit in banks, BJP gallu podustaam ani cheppi chillara chillara kosam initiatives anthe
 

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Posted on Saturday, July 06, 2019 - 06:38 am:       

Aina when rs 1cr transaction ki Rs 20000 ki evvadu feel avvuthaadu.

Feel ayyevaadu will give check for Rs 1cr
 

Wellsfargo
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Posted on Saturday, July 06, 2019 - 06:35 am:       


Janasena:

2% ichesi 98 black vallaki ichuko anadam is openly encouraging black currency



you are not understanding swamy. iche vaadiki check aina cash aina okate. teesukune vaadu black lo aduguthunnadu so that he can evade taxes. iche vaadiki extra cost aithe nenu white lo ne istha, naaku extra cost avuthadi. nee kosam neneduku pettali ani aduguthadu, obvious gaa tagguthadi
 

Janasena
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Posted on Saturday, July 06, 2019 - 05:05 am:       


Wellsfargo:



cash anedi government own chesthundi... you just own the value of the money. nuvvu ala cheyyatam valla government ki black money peruguthundi..

repu airport lo kooda ade cheppu, security is government problem not mine ani... why are you stopping me in the line and wasting my time ani...


Again no connection

If govt says in security if you are bringing 100 guns, you can give 2 and take the rest of them with you I will open a thread like this

2% ichesi 98 black vallaki ichuko anadam is openly encouraging black currency
 

Wellsfargo
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Posted on Saturday, July 06, 2019 - 04:57 am:       


Janasena:

Black money stop cheyyadam is a govt problem, naa problem elaa avutundi adi




cash anedi government own chesthundi... you just own the value of the money. nuvvu ala cheyyatam valla government ki black money peruguthundi..

repu airport lo kooda ade cheppu, security is government problem not mine ani... why are you stopping me in the line and wasting my time ani...
 

Janasena
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Posted on Saturday, July 06, 2019 - 04:57 am:       

When Demon happened janaaniki ibbandi unna not many people criticized Modi based on his intentions to curb black money and all

eedi sollu ippudu clear kadaa, they spent money in politics like any one, nothing came out from demon, they didnt take action on any corrupt leaders etc etc..,

veellaki intention ledu bongu ledu just change musugu lo vachaaru, I dont see any diff between cong and bjp, just names change and still religion perutho janaalanu bakraalani chestunnaru
 

Janasena
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Posted on Saturday, July 06, 2019 - 04:55 am:       


Wellsfargo:

making it difficult... repu deenni 2 lakhs ki cheste evadiki transfer chestaru.. asalu cash transactions 0 cheyyali...



Janasena:

I am talking about rationale Nice ji, repu ide 1 crore ni 10 lakhs ki change chestunnam anochu, poyyedi emundi brain less decisions tappisthe


chestaaru tuglaq gaallu

manam digital cheyyagalugutaamu ani anni alaage jaragaali anukodam moorkhatvam
 

Janasena
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Posted on Saturday, July 06, 2019 - 04:53 am:       


Wellsfargo:


year ki 99 lakhs or less withdraw chese peda vallaki emi ibbandi kalaga kunda policy pettaru.


There is no rationale is my point, edo dharmic happiness type arguments enduku, rationale argument cheyyakundaa

Black money stop cheyyadam is a govt problem, naa problem elaa avutundi adi

tax katte valla meeda egiri egiri tannadam common le India lo

Andulo middle class vaallu rich le ani dharmic happiness tappisthe govt ni emanamu kikiki
 

Wellsfargo
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Posted on Saturday, July 06, 2019 - 04:53 am:       


Janasena:

idi work around kaavadaniki pakkollaki transfer chesukuntaaru




making it difficult... repu deenni 2 lakhs ki cheste evadiki transfer chestaru.. asalu cash transactions 0 cheyyali...
 

Janasena
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Posted on Saturday, July 06, 2019 - 04:49 am:       


Wellsfargo:

anduke emi chepparo sarigga choosi argue cheyya mantunna. it is not for one time withdrawl. it is for a year...


idi inkaa comedy gaa, so not even one major transaction if you are using multiple also still u pay tax...

idi work around kaavadaniki pakkollaki transfer chesukuntaaru
 

Wellsfargo
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Posted on Saturday, July 06, 2019 - 04:46 am:       


Janasena:

if you are allowing me to take 98 Lakhs and use it elsewhere whats the point you are trying to solve here??




year ki 99 lakhs or less withdraw chese peda vallaki emi ibbandi kalaga kunda policy pettaru... so that you can use it for at least 500 cash transactions...
 

Janasena
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Posted on Saturday, July 06, 2019 - 04:43 am:       


Wellsfargo:

cash with draw cheyyatame redline cross cheyyatam. why do you need 1 crore cash anedi answer cheyyatledu meeru inka


lol, it is my money and it is white, every thing cash is black anedi chetta logic, I have paid tax on this and I have every right on that money

if you are allowing me to take 98 Lakhs and use it elsewhere whats the point you are trying to solve here??
 

Wellsfargo
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Posted on Saturday, July 06, 2019 - 04:42 am:       


Janasena:

rendu separate transactions chestaaru emundi andulo??




anduke emi chepparo sarigga choosi argue cheyya mantunna. it is not for one time withdrawl. it is for a year...
 

Janasena
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Posted on Saturday, July 06, 2019 - 04:41 am:       


Nice:

Aina 2 crore cash withdraw chese vaallu entha mandhi untaaru kadapa ji. Common man ki ibbandhi ayyedhi kaadhu ga idhi


I am talking about rationale Nice ji, repu ide 1 crore ni 10 lakhs ki change chestunnam anochu, poyyedi emundi brain less decisions tappisthe
 

Wellsfargo
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Posted on Saturday, July 06, 2019 - 04:41 am:       


Janasena:

Redline cross chesaaka mistake ki fine vestaaru, fine vesaaka mistake avvadu




cash with draw cheyyatame redline cross cheyyatam. why do you need 1 crore cash anedi answer cheyyatledu meeru inka
 

Janasena
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Posted on Saturday, July 06, 2019 - 04:40 am:       


Wellsfargo:

1 crore chese vallu 99,99,999 chestaru. 1.2 crores chese vallu emi chestaru??


rendu separate transactions chestaaru emundi andulo??
 

Janasena
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Posted on Saturday, July 06, 2019 - 04:40 am:       


Wellsfargo:

normal people like you and me don't want to deal with black money. avathali party black lo adigithe naadem poyindi ani cash teesukelli icchesthunnamu. oka sari vallu 2% tax ani pettaka, you will think twice. idi 1 crore ki kakunda 2 lakhs ki tagginchi, tax 2% kakunda 10% cheste better. a good step is 2% for 1 crore.


Ade adigedi, 2% ichesthe black OK naa as per govt??
 

Janasena
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Posted on Saturday, July 06, 2019 - 04:39 am:       


Wellsfargo:

ide logic repu traffic fines ki kooda apply cheyyandi. red light cross cheste $380 fine untadi US lo. 380 kadithe red light pattinchu kokunda velli povachu ana nee uddesam annattu undi.


edchinattundi logic

Cash tho emanna jarigedi after withdrawal, so problem will happen after withdrawal which you are allowing

Redline cross chesaaka mistake ki fine vestaaru, fine vesaaka mistake avvadu
 

Wellsfargo
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Posted on Saturday, July 06, 2019 - 04:39 am:       


Janasena:

repu andaru 99,99,999 withdraw chestaaru kikiki




1 crore chese vallu 99,99,999 chestaru. 1.2 crores chese vallu emi chestaru??
 

Wellsfargo
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Posted on Saturday, July 06, 2019 - 04:38 am:       


Janasena:

Why do I have to pay tax on already taxed money?
If you are saying this is because you dont need such money when each transatcion cannot be more than 20K, are you telling me that it can be possible if you pay 2% tax??

Bottom line 2% bribe ichesi black chesuko money ni, anthe kadaa cheppedi kikiki




ide logic repu traffic fines ki kooda apply cheyyandi. red light cross cheste $380 fine untadi US lo. 380 kadithe red light pattinchu kokunda velli povachu ana nee uddesam annattu undi.

normal people like you and me don't want to deal with black money. avathali party black lo adigithe naadem poyindi ani cash teesukelli icchesthunnamu. oka sari vallu 2% tax ani pettaka, you will think twice. idi 1 crore ki kakunda 2 lakhs ki tagginchi, tax 2% kakunda 10% cheste better. a good step is 2% for 1 crore.
 

Nice
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Posted on Saturday, July 06, 2019 - 01:03 am:       


Janasena:




Aina 2 crore cash withdraw chese vaallu entha mandhi untaaru kadapa ji. Common man ki ibbandhi ayyedhi kaadhu ga idhi


Tilak:

to discourage cash transactions and go digital




Then they have to make sure online payments doesn’t cost extra till the people got used to
 

Tilak
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Posted on Saturday, July 06, 2019 - 12:28 am:       


Janasena:

Why do I have to pay tax on already taxed money?


to discourage cash transactions and go digital .. so that there is less tax evasion ..

Janasena:

brain less chesi dobbaru


so true .. can see ..
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Janasena
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Posted on Saturday, July 06, 2019 - 12:16 am:       

Ainaa janam antha picha nayallu evaru undaru

repu andaru 99,99,999 withdraw chestaaru kikiki
 

Janasena
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Posted on Saturday, July 06, 2019 - 12:15 am:       


Tilak:

sooti ga digindi message


endi digedi gaadida matta, brain less chesi dobbaru bhakths ni, every sodi daanni support chesukuntaa

Why do I have to pay tax on already taxed money?
If you are saying this is because you dont need such money when each transatcion cannot be more than 20K, are you telling me that it can be possible if you pay 2% tax??

Bottom line 2% bribe ichesi black chesuko money ni, anthe kadaa cheppedi kikiki
 

Janasena
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Posted on Saturday, July 06, 2019 - 12:13 am:       


Wellsfargo:


naa dabbu, nenu cash teesukoni intlo pettu kunta etc vithanda vadam kaada? repu naa dabbantha 1re coins lo immani aduguthavu. needem poyindi.

Tax eggottadaniki tappa evarikaina antha cash enduko naaku ardham kavatledu...


edi vitanda vaadam 20K per transaction kanna ekkuva allow cheyyanappadu are you telling me 1 crore lo govt 2 lakhs commission teesukunte black chesukovachu anaa??

em comedy idi??

if you have a rule follow it, 2% kadithe nee istam nenu cash ichestaa anadam endi
 

Mcdonald
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Posted on Friday, July 05, 2019 - 10:09 pm:       


Wellsfargo:

naa dabbu, nenu cash teesukoni intlo pettu kunta etc vithanda vadam kaada? repu naa dabbantha 1re coins lo immani aduguthavu. needem poyindi.




Yeah motham bank lo vesaka inko denom chesthe kani buddi raadu yedavalaki.
Janam dabbulu banks lo lekapovatam valla, Choski, Malya, lanti kotha vallaki loans ivvaleka growth padipithundi. andaru bank lo cash vunchithe edo 3 bankruptcies 6 scams chesukune soluabhyam vuntundi
 

Tilak
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Posted on Friday, July 05, 2019 - 09:41 pm:       


Wellsfargo:

naa dabbu, nenu cash teesukoni intlo pettu kunta etc vithanda vadam kaada? repu naa dabbantha 1re coins lo immani aduguthavu. needem poyindi.

Tax eggottadaniki tappa evarikaina antha cash enduko naaku ardham kavatledu...


sooti ga digindi message
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Ramjirao
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Posted on Friday, July 05, 2019 - 08:29 pm:       

1 cr withdrawal meedha tax not a big deal as the impact will be on neo-rich and not common people
 

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Posted on Friday, July 05, 2019 - 07:57 pm:       


Wellsfargo:

1. 1 crore cash teesukunnanduku paper cost, printing cost evadu isthadu


this is not sounding right. When you own 1 cr .. you own every part of one crore.. ee logic one crore ki apply ayithe.. one rupee ki kuda apply avvali kadha


Gharshana:

Already tax kattina dabbu ki which is white money in bank.. for withdrawal why 2% charge.. govt ela khajana nippukovali ani chossthundi...


if I have it justify, this is how I will think.
government uses tax in several forms.. sometimes as deterrent to a perceived bad behavior ex:Smoking meedha extra tax is to discourage the use tobacco rather than to generate revenue.. so maybe this is to discourage the hoarding of large amounts of cash leading to black

The only problem I will have with such thing is execution nightmare. Intent right ayina.. they create significant inconvenience and impact the people that this is not intended for
 

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Posted on Friday, July 05, 2019 - 07:43 pm:       

Official ga govt is taking bribe for withdrawal of cash or 1cr..2% is erry reasonable
 

Sp1234
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Posted on Friday, July 05, 2019 - 04:41 pm:       

you can only transfer up to 10L for NEFT/RTGS. 1cr ante you have to do it over 10 days?
lol
AP 2019 Result | J Tax | KCR Tax | Modi Tax | Destruction
 

Sp1234
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Posted on Friday, July 05, 2019 - 04:38 pm:       


Wellsfargo:

1. 1 crore cash teesukunnanduku paper cost, printing cost evadu isthadu.
2. nee inapa petti lo pettukunte avi evado kottese chanche undi. so kottesi nappudu police work cheyyali. aa risk nee case lo ekkuva undi kabatti insurance gaa premium pay chesthunnavu govt ki.
3. cash bayata undatam valla black money transactions jarigi govt ki loss vasthadi. this is a way to compensate that.




Account maintenance fees ani okati edchai...
AP 2019 Result | J Tax | KCR Tax | Modi Tax | Destruction
 

Wellsfargo
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Posted on Friday, July 05, 2019 - 03:27 pm:       

I really don't understand the issue here. Govt rule prakaram you can't use more than 20k for any single transaction. so in a crore you can do 500 such transactions in a year. you have several ways of digital transactions. worst case lo you have check also.

naa dabbu, nenu cash teesukoni intlo pettu kunta etc vithanda vadam kaada? repu naa dabbantha 1re coins lo immani aduguthavu. needem poyindi.

Tax eggottadaniki tappa evarikaina antha cash enduko naaku ardham kavatledu...
 

Awesomedber
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Posted on Friday, July 05, 2019 - 02:51 pm:       

Assalu antha cash tho dela cheseytodu .. Bank through ney velladu..
Edo final gaa mana laanti tax paying people meedaney padtadi bomb
 

4evertdp
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Posted on Friday, July 05, 2019 - 02:28 pm:       


Gsn1:

I agree with Janasena. Why double taxation on cash withdrawls? Remember if the cash is in the BANK, it is already WHITE and legally tax is paid on that already.




corruption kings n emi cheyalekaa legal ga tax katte vala medha paduthunaruu gujju batch
Thank you EVM.
 

Savyasachi
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Posted on Friday, July 05, 2019 - 02:21 pm:       

quoteauthor{Nyk,yearly 1 crore cash withdrawal ante.... this is affluent class range...}

already tax kattina dabbula meeda malli tax yendi, chandalamga?

ippudu 1 cr, whats stopping Modi from changing it to 50L in 2 years then 25L after ther

and Khangress ragane adi 1 L chestar , appdudu daridram odilipoddi.
janalaki panikoche pani cheyyandi ra ante, janala dabbulu yela Denkala ani chestaru
 

Gsn1
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Posted on Friday, July 05, 2019 - 07:07 am:       

I agree with Janasena. Why double taxation on cash withdrawls? Remember if the cash is in the BANK, it is already WHITE and legally tax is paid on that already.
 

Janasena
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Posted on Friday, July 05, 2019 - 06:26 am:       


Extonian:

2% tax is better for property purchases.


adi kooda evadu kattadu, they will withdraw 99,99,999 if needed than 1 crore to avoid this
 

Extonian
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Posted on Friday, July 05, 2019 - 06:24 am:       


Wellsfargo:



You can withdraw upto 10L if you do it at bank. Some more some less, and depending on bank.
This will not help curbing black money transaction. Dealers, vendors and builders still deal in black. 5% gst and 6% registration kattebadulu 2% tax is better for property purchases.
Not vouching black money here. But it is reality on ground.
 

Gharshana
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Posted on Friday, July 05, 2019 - 06:02 am:       

Already tax kattina dabbu ki which is white money in bank.. for withdrawal why 2% charge.. govt ela khajana nippukovali ani chossthundi...
 

Masularex
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Posted on Friday, July 05, 2019 - 05:42 am:       


Wellsfargo:

1. 1 crore cash teesukunnanduku paper cost, printing cost evadu isthadu.
2. nee inapa petti lo pettukunte avi evado kottese chanche undi. so kottesi nappudu police work cheyyali. aa risk nee case lo ekkuva undi kabatti insurance gaa premium pay chesthunnavu govt ki.
3. cash bayata undatam valla black money transactions jarigi govt ki loss vasthadi. this is a way to compensate that.


 

Nyk
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Posted on Friday, July 05, 2019 - 05:32 am:       

yearly 1 crore cash withdrawal ante.... this is affluent class range...

i think it happens only in real estate, jewelleries, gambling, bettings
 

Janasena
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Posted on Friday, July 05, 2019 - 04:13 am:       


Raman:

i think 2 crore why cant they do a money transfer or check ??
if it is purely for payement of salaries


I shoudl have flexibility the way I want to do it, whether I do it or not will depend on my convenience, if it is convenient now to do things digitally I will do it govt doesnt need to push it, if it is not convenient now you have to fix that part rather than pushing me to do it

Bottom line I should have control on money that I already paid tax for
 

Janasena
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Posted on Friday, July 05, 2019 - 04:12 am:       


Wellsfargo:

they will take 2% and give you the remaining in cash.


bribe in a difft form officially to govt lol
 

Janasena
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Posted on Friday, July 05, 2019 - 04:10 am:       


Wellsfargo:

1. 1 crore cash teesukunnanduku paper cost, printing cost evadu isthadu.


lol idem question, all these costs are going from RBI, which is funded by govt, and which is going from my tax kadaa

Wellsfargo:

2. nee inapa petti lo pettukunte avi evado kottese chanche undi. so kottesi nappudu police work cheyyali. aa risk nee case lo ekkuva undi kabatti insurance gaa premium pay chesthunnavu govt ki.


endi ee logicculu asalu, I already paid 30% tax on income i earned, if i earn 5C I am already paying 1.5C as premium, malli premium endi

Wellsfargo:

3. cash bayata undatam valla black money transactions jarigi govt ki loss vasthadi. this is a way to compensate that.


thats govts problem, I cant pay tax on your theories on what may happen
 

Raman
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Posted on Friday, July 05, 2019 - 04:02 am:       


Janasena:

for above 1 crore tax withdrawals, em tuglaq rules ivi, already tax kattina paisal cash teeste malli taxaaa


i think 2 crore why cant they do a money transfer or check ??
if it is purely for payement of salaries
 

Ballasticmissile
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Posted on Friday, July 05, 2019 - 03:52 am:       


Janasena:

so what if you are just closing the account and dont want to open any other bank account? they will take away the money??



don't know...in the form there is a "anderes konto" and I filled it..they sent to my other account. I didn't see a reason to argue.
Capacity vundi, laziness, and uninspired life is a waste of time.
YOLO kada....
But experiences is how you bring meaning to life. Worthiness should be earned with adequate efforts.
 

Wellsfargo
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Posted on Friday, July 05, 2019 - 03:51 am:       


Prasanth:

digital transactions all re not free of cost. ।।they have their own fittings.




RTGS and Neft meeda teesesaru kada...
 

Prasanth
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Posted on Friday, July 05, 2019 - 03:50 am:       


Wellsfargo:


digital transactions all re not free of cost. ।।they have their own fittings.
 

Wellsfargo
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Posted on Friday, July 05, 2019 - 03:49 am:       


Janasena:

so what if you are just closing the account and dont want to open any other bank account? they will take away the money??




they will take 2% and give you the remaining in cash.
 

Janasena
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Posted on Friday, July 05, 2019 - 03:47 am:       


Ballasticmissile:

dont think so....i used to have a deutsche bank account ...i went to close the accout there,...as i have another active account in Sparkasse ....when i completed the form i asked the remaining balance there to be given to me...they denied and did the direct debit transfer to my sparkasse account...


so what if you are just closing the account and dont want to open any other bank account? they will take away the money??
 

Wellsfargo
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Posted on Friday, July 05, 2019 - 03:47 am:       


Janasena:

nenu techi intlo inappette lo pettukuntaa, its my money right??




yes, kontha mandi ki ee tikka untadi kabatti you can't ana kunda tax vesaru.

1. 1 crore cash teesukunnanduku paper cost, printing cost evadu isthadu.
2. nee inapa petti lo pettukunte avi evado kottese chanche undi. so kottesi nappudu police work cheyyali. aa risk nee case lo ekkuva undi kabatti insurance gaa premium pay chesthunnavu govt ki.
3. cash bayata undatam valla black money transactions jarigi govt ki loss vasthadi. this is a way to compensate that.
 

Ballasticmissile
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Posted on Friday, July 05, 2019 - 03:46 am:       


Janasena:

And I dont think there are any limits in banks in any country on how much you can withdraw, you may have compliance to give that you are using money for so and so purpose




dont think so....i used to have a deutsche bank account ...i went to close the accout there,...as i have another active account in Sparkasse ....when i completed the form i asked the remaining balance there to be given to me...they denied and did the direct debit transfer to my sparkasse account...

this happened last year.....
Capacity vundi, laziness, and uninspired life is a waste of time.
YOLO kada....
But experiences is how you bring meaning to life. Worthiness should be earned with adequate efforts.
 

Janasena
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Posted on Friday, July 05, 2019 - 03:41 am:       


Ballasticmissile:

no, I think it is a means of discouraging the cash transactions...in general, there is a rule in many countries that, cash above certain amount cant be withdrawn from the bank directly.....


if you want discourage cash transaction, encourage digital payments by some other means, not in this way

And I dont think there are any limits in banks in any country on how much you can withdraw, you may have compliance to give that you are using money for so and so purpose
 

Janasena
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Posted on Friday, July 05, 2019 - 03:40 am:       


Wellsfargo:

Its okay right?? One single transaction ki more than 20k cash lo ivva koodadu. so 1 crore cash enduku avasaram untundi?? NEFT, RTGS etc free chesaru kada.


why is it Okay, nenu techi intlo inappette lo pettukuntaa, its my money right??

You can ask me why I need so much cash and make a note of the reason that I will give you in your compliance process

Are you interested in questioning me why you need so much cash or are you telling me you pay 2% and take what ever you want no questions asked??
 

Junior_no1
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Posted on Friday, July 05, 2019 - 03:38 am:       


Janasena:

already tax kattina paisal cash teeste malli taxaaa


lollll
Technologytho Dongatanam chese Party
 

Ballasticmissile
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Posted on Friday, July 05, 2019 - 03:38 am:       


Janasena:

for above 1 crore tax withdrawals, em tuglaq rules ivi, already tax kattina paisal cash teeste malli taxaaa




no, I think it is a means of discouraging the cash transactions...in general, there is a rule in many countries that, cash above certain amount cant be withdrawn from the bank directly.....

you can only transfer it in check form....

I don't think such a system exist in india....
Capacity vundi, laziness, and uninspired life is a waste of time.
YOLO kada....
But experiences is how you bring meaning to life. Worthiness should be earned with adequate efforts.
 

Wellsfargo
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Posted on Friday, July 05, 2019 - 03:36 am:       


Janasena:

for above 1 crore tax withdrawals, em tuglaq rules ivi, already tax kattina paisal cash teeste malli taxaaa




Its okay right?? One single transaction ki more than 20k cash lo ivva koodadu. so 1 crore cash enduku avasaram untundi?? NEFT, RTGS etc free chesaru kada.
 

Janasena
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Posted on Friday, July 05, 2019 - 03:30 am:       

for above 1 crore tax withdrawals, em tuglaq rules ivi, already tax kattina paisal cash teeste malli taxaaa

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