This update highlights the critical deadline for submitting the Statement of Financial Transactions (SFT). It emphasizes the importance of adhering to this deadline to comply with regulatory requirements.

In a move to strengthen tax compliance and curb evasion, the Central Board of Direct Taxes (CBDT) in India is mandating "reporting entities" like banks, fintech companies, and property registrars to submit details of all high-value transactions conducted during the financial year 2022-23. This blog post explains what this means, who it affects, and why the CBDT is taking this step.

Introducing the "New Guidelines for Cash Transactions"! These rules are changing how we use cash.

The updated UPI transaction limit regulations now allow individuals to make payments via UPI up to Rs.5 lakh per day, compared to the previous cap of Rs.1 lakh.