Finance
Mr. BillionhairGovernment Denies Viral Cash Tax Claims: It's Fake News, Folks!
Listen up, folks! A wild video claims the government will hit us with cash taxes and penalties starting April 1, 2026. But hold your horses! It’s a big, fat lie! PIB, the best fact-checkers, say it’s fake news! The Income-tax Act, 2025 is just a little facelift, folks, not a cash heist! So relax, keep your cash, and ignore the panic! I told you so!
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.
