India's Income Tax Department leverages AI and data analytics, including Project Insight and the Annual Information Statement (AIS), to monitor financial transactions, especially high-value ones. This blog explains how the system works, which transactions are watched, the implications for taxpayers, and how to ensure compliance in this new technological era.

With effect from February 15, 2025, NPCI has implemented new UPI transaction regulations that prioritize automated chargeback processing, fraud avoidance, and expedited settlements. Businesses and consumers would gain from these changes as they increase the efficiency and security of digital transactions.