New Updated Guidelines for submission of SFT for Interest income(Abolishing of limit of Rs 5,000/-)

In SFT, information is to be reported for all account/deposit holders where any interest exceeds zero per account in the financial year excluding Jan Dhan Accounts(Earlier this limit was Rs.5,000) Effective Date 05/01/2023 TaxConceptTax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. […]


In SFT, information is to be reported for all account/deposit holders where any interest exceeds zero per account in the financial year excluding Jan Dhan Accounts
(Earlier this limit was Rs.5,000)

Effective Date 05/01/2023

TAX CONCEPT

Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.

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