TMI BlogAny Payment above ₹ 5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government paymentsX X X X Extracts X X X X X X X X Extracts X X X X ..... Any Payment above ₹ 5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Gov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ernment payments - News and Press Release Dated:- 5-12-2016 - News - In order to attain the goal of complete digitization of Government payments, the Ministry of Finance, Government of India has aga ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in reviewed the existing limit of ₹ 10,000/-(Rs. Ten Thousand only) prescribed regarding e-payment to Suppliers etc. It has now been decided to lower this threshold limit from ₹ 10,000 to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ₹ 5,000 (Rupees Five Thousand only).The last review in this regard was made only in August, 2016. Accordingly, all the Ministries/Departments of the Government of India have been now directed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by the Ministry of Finance to ensure with immediate effect that all payments above ₹ 5000/- (Rupees Five Thousand only) to suppliers, contractors, grantee/loanee institutions etc. are made by i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssue of payment advises only. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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