The government has allowed hospitals to accept cash payment in excess of 2 lakh.Exemption, applicable for a period between April 1-May 31, 2021, would be subject to providing the permanent account number or Aadhar number of the patient or of any other person making the payment on behalf of the patient and his relationship with the patient.At present hospitals are allowed to accept cash payments up to 2 lakh under the Income Tax law.
The government has allowed hospitals to accept cash payment in excess of 2 lakh.Exemption, applicable for a period between April 1-May 31, 2021, would be subject to providing the permanent account number or Aadhar number of the patient or of any other person making the payment on behalf of the patient and his relationship with the patient.At present hospitals are allowed to accept cash payments up to 2 lakh under the Income Tax law.
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