Section 269ST: Restrictions on Cash Transactions. Expenditure made in cash. Conclusion. 6000EGP Daily. Dial *110# Select 3 and follow the prompts. Buy Airtime and Data. Choose option 2 (Self Reversal) and wait for Vodafone to reverse the wrong transaction. And from the 5 transaction on wards for either depositing cash or withdrawing cash from the branch you will charged Rs 150 + Taxes. a. Limit-As per provisions of Income-tax Act no person shall accept/repayloans, deposits and advance of Rs.20,000/- or more in cash. Vodafoneâs M-Pesa mobile money transfer service is actively used by over 19.9 million people across 11 countries. Here is the list of various restriction which is imposed under the Income Tax Act 1961. Whilst transactions between Vodafone Cash customers have been free since September last year without any limit; customers will continue to incur no charges ⦠50,000EGP Monthly. Subscribe by selecting option 8 on the Vodafone Cash menu *110#, to register. Wallet Limits: Maximum daily limit for transactions is 30,000 EGP. You can load your Vodafone Cash wallet at a: Mobile Money agent or at a Vodafone Retail shop or; Move funds from your bank account to your Vodafone Cash wallet; Send E-money. Dial *110# Select 1 and follow the prompt. Cash received: Use the cash-in-lieu of VOD shares from your broker statement. This practice was giving rise to accumulation of black money. You can only reverse wrong transactions that were made from your Vodafone Cash account to another Vodafone cash. Use the stock Split entry screen for this transaction. Part Five: The VOD Reverse Split. How to Deposit or Withdraw money in VF Cash ⦠Wallet Transactions limits. HDFC allows 4 free cash transactions per month Cumulative of Deposit and Withdrawal. This is a Vodafone Cash offer that allows you to cap your charges for sending money at GHS 3 a month, irrespective of the number of times you send money. Company: Vodafone (VOD) Split Ratio: 6 for 11. To curb these increasing cash transaction, provision was inserted as follows-. Maximum amount to hold in the wallet is 50,000 EGP; Maximum monthly transactions is a total of 100,000 EGP . Threshold Limit â Cash payment exceeding Rs 10,000 to a person in a single day. Once the recipient is not a Vodafone Cash user, there wonât any way possible for Vodafone to reverse the transaction for you. Agents accept deposits and perform withdrawals as well as provide training and guidance to customers on new Vodafone Cash products and services. Need further help ? 10,000EGP Wallet balance limit. Date the sell transaction one day after the VZ buy transaction, or the day the cash-in-lieu appears in your account. A Vodafone Cash agent is a business authorized by Vodafone to conduct transactions with the customer on behalf of Vodafone. Paying/Receiving cash beyond these limits attracts a heavy penalty which can be up to 100% of the amount received/paid. In a number of markets, customers can now receive loans, pay for goods and services, and access critical information for growing and managing their business. The section states that no person shall receive an amount of INR 2 Lakhs or more in CASH in aggregate from a single person in a day: in respect of a single transaction or in respect of transactions relating to one event or occasion from a person. Date: 2/24/2014. Follow us. Vodafone; SMS Plans; ... HDFC Bank Cash Transactions Limit. ... What are the wallet limits? Vodafone Cash is the fastest, safest and most convenient mean of sending and receiving money at any time and from anywhere in Egypt. To deposit from VF Store, Fawry or Aman, just visit any of their branches! Loading your Vodafone Cash Account.
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