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income tax penalty on cash deposit

Savings Account Cash Deposit Rules: How Much Money Can You Keep and Deposit Safely?

5 Apr 2025 6:42 AM by Bhupendra Singh Chundawat
savings account cash deposit rules

New Delhi, April 5, 2025 — A savings account is a vital tool for managing finances, receiving government benefits, and investing. While most people frequently use their bank accounts for deposits and withdrawals, many remain unaware of the specific rules governing cash transactions in these accounts. The Income Tax Department of India has set clear … Read more

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