Tax Guru

Avoid 100% Penalty on Cash Loans and Deposits Because ₹20,000 Is the Limit

Covers the latest cash withdrawal, deposit, and loan limits. Takeaway: exceeding thresholds can trigger TDS, penalties, and blocked ...
The Financial Express

Income Tax SFT return filing due date extension: Facility to remain open for a couple of days – Latest news

Income Tax SFT return filing 2023: In view of difficulties faced by filers due to heavy traffic on the reporting portal, the Income Tax Department has given a couple of days more for filing of SFT ...

RBI cash transaction limits explained: How much cash can you use while buying gold, property or lending to your friend?

Large cash payments for property, gold, or cars are restricted. Daily expenses like groceries can be paid in cash. The Income ...
India.com

State of Financial Transaction: Know The Tax Implications Of Depositing Rs 2,000 Notes In Bulk

New Delhi: The Reserve Bank of India’s (RBI) sudden move to withdraw Rs 2,000 bank notes has created confusion amongst a few with regard to its tax implications. Even though the Rs 2,000 notes that ...
The Financial Express

CBDT extends due date for furnishing Statement of Financial Transaction to June 30

There are ways to save tax and get a refund from the I-T Department in case your employer has deducted higher taxes. The Central Board of Direct Taxes (CBDT) has extended the due date for furnishing ...
The TRADE

Cboe Clear Europe to introduce clearing service for securities financing transactions

Initiative to introduce clearing, settlement and post-trade lifecycle management for SFT transactions in European cash equities and ETFs supported by the likes of BNY Mellon, Citi and Goldman Sachs; ...