Specified Financial Transactions (SFT) , Do this till 31st May
Specified Financial Transactions (SFTs) have emerged as a pivotal tool in the arsenal of tax authorities for enhancing transparency, combating …
cash withdrawal limits 2024
Don’t Do Cash Transactions in 2024 – The IT Department Has Its Eyes on You
Transactions involving cash have long been a focus area for tax authorities due to the potential for tax evasion and …
Disallowance of cash expenses or limit on cash transactions 2024
In an effort to curb tax evasion, promote transparency, and encourage digital transactions, tax laws in many jurisdictions often impose …
