Finance
TonyViral Cash Tax Claims? PIB Says Relax, It's Just Fake News!
A viral video is stirring up cash chaos, claiming the government will slam us with cash transaction taxes starting April 1, 2026. But fear not, my fellow citizens! PIB just dropped the truth bomb: the Income-tax Act, 2025 is merely a snazzy rewrite for clarity, not a cash clampdown. So, breathe easy and don’t let the internet spin you into a frenzy.
few days ago | Amit Kumar
Quick rundown
1.Viral video claims new cash transaction taxes from 2026.
2.PIB debunks misleading tax claims as incorrect.
3.Income-tax Act, 2025 focuses on simplification, not new taxes.
4.No new cash restrictions in proposed tax law.
5.Rely on official sources for accurate tax information.
