Cash in circulation remains same the in Diwali week of both 2020 and 2021.
Since 2014, the per-day transaction limit for IMPS was capped at Rs 2 lakh. But now the central bank has increased the limit to Rs 5 lakh.
As per the I-T department, while traveling abroad, cash transaction to buy US dollar or other foreign currency is permitted only up to a certain limit
The relaxation on the Rs 2 lakh ceiling should be extended beyond May 31 and the insistence on PAN and Aadhaar should be done away with