cash limits

cash limits

a means of controlling public sector spending by setting maximum expenditure totals for government departments or nationalized industries, deliberately making no allowance for inflation. See GOVERNMENT ( PUBLIC) EXPENDITURE.
References in periodicals archive ?
There has been no change in cash limits or tax rates on withdrawl from bank accounts.
The clarification from the revenue board came after reports did the rounds on social media claiming that a 0.6% withholding tax had been imposed on non-filers on withdrawal of cash amounting to over Rs25,000.There has been no change in cash limits or tax rates on withdrawal from bank accounts.
ISLAMABAD -- Minister of State for Revenue Mohammad Hammad Azhar has explained that there is no change in cash limits or tax rates on withdrawal from bank accounts and the Finance 2nd Supplementary Act 2019 has taken out only filers of income tax returns from the scope of the relevant law.
There has been no change in cash limits or tax rates in any of the two provisions of law.
Whereas in other climes, all businesses respect cash limits as electronic transactions remains the order of the day even for purchase of the minutest items, the cash and carry system has continued to thrive here.
Lack of cash limits the life chances open to an individual; poor pay strips people not just of spending power but of the freedom to make choices.
PENSIONERS and dole recipients were yesterday urged to cancel their accounts after Bank of Ireland put cash limits on counter withdrawals.
There will also be enhancement of cash limits for treatment -- BHANU PRATAP SHARMA, Health Secretary ' ' Pratap Sharma, Health Secretary, Ministry of Health and Family Welfare, said that the new scheme would have more benefits and beneficiaries.
Ramez also denied any cash limits in selling dollars to banks, noting that there is only a limit in withdrawing cash, which is $10,000 per day.
A number of LGUs exceeded the cash limits in paying cash advances for pork barrel projects, it said.
When you're giving a third party, the outsourced entity, the ability to access credit limits or cash limits of the consumers you're managing the finances for, you're giving up control that is your fundamental responsibility."