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Keeping cash at home depends on two things, your financial capability and your transactional habit. With regards how much cash can people keep in their homes, then there are no such limits as to how much cash can be kept at homes. You can keep as much cash at home as people want.
William T. Walters (born July 15, 1946) is an American entrepreneur, philanthropist, and retired professional gambler widely regarded as among the...
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13 stands against dealer 2 through 6, otherwise hit. 12 stands against dealer 4 through 6, otherwise hit. 11 always doubles.
Read More »To tackle the problem of tax evasion and prevalence of black money there are several rules made by the Government of India regarding how much cash can be kept in one's possession and also regarding cash transactions. Therefore, a basic question that arises is whether there is any limits on how much cash can be kept at home? Keeping cash at home depends on two things, your financial capability and your transactional habit. With regards how much cash can people keep in their homes, then there are no such limits as to how much cash can be kept at homes. You can keep as much cash at home as people want. The only that needs to be remembered is that you should have a record of each and every penny and also have evidence of the source of your income and whether you have paid your taxes or not. According to the income tax rules, you can keep any amount of cash at home. Just in case you get caught by the investigating agency for any reason, then you will have to prove its source. Along with this, ITR declaration will also have to be shown. If you are not able to do this then action can be taken against you. After demonetisation, the Income Tax had said that if undisclosed cash is found in your house, then up to 137 per cent of the total recovered amount can be taxed. According to the rules of the Central Board of Direct Taxes , you have to show your PAN card whenever you deposit cash or make cash withdrawals of above Rs 50,000 at a time. If you deposit more than 20 lakh cash in a year, then he will have to show your PAN and Aadhaar card. If you fail to do so then a fine of up to 20 lakhs can be imposed upon you
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Read More »Begging is illegal in the UAE, and police say it poses a threat to public safety and security. Offenders can face up to three months in prison and a fine of Dh5,000 for begging. There is a minimum of six months in jail and a fine of Dh100,000 for organising begging.
Dubai Police arrested 1,000 people in an anti-begging campaign during Ramadan and Eid Al Fitr. A police statement said 902 men and 98 women were arrested between March 18 and May 6. Police said 321 arrests were made before Ramadan began, while 604 took place during the holy month and 75 during the Eid Al Fitr holiday. The campaign is launched every year before Ramadan and patrols are increased near mosques, malls and other areas commonly frequented by beggars. “The campaign showed evident success in reducing the number of beggars who exploit peoples' feelings and sympathy, especially during the holy month and Eid Al Fitr holiday,” said Brig Jamal Salem Al Jallaf, director of the General Department of Criminal Investigation in Dubai Police. Police regularly urge members of the public not to give money to people begging on the streets, but instead donate to authorised charities to ensure they are supporting those legitimately in need. Begging is illegal in the UAE, and police say it poses a threat to public safety and security. Offenders can face up to three months in prison and a fine of Dh5,000 for begging. There is a minimum of six months in jail and a fine of Dh100,000 for organising begging. The force urged members of the public to report beggars using the toll-free number 901, or through the Dubai Police App, or on www.ecrime.ae.
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