Maximum Cash Limit to Avoid Income Tax Notice in 2025 || UPI Limit to Avoid Notice

Maximum Cash Limit to Avoid Income Tax Notice in 2025 || UPI Limit to Avoid Notice In this video, we will discuss the cash deposit limit in India and how to avoid getting an income tax notice. The Reserve Bank of India (RBI) has set a certain limit on cash deposits in savings accounts. Any amount deposited above this limit will be reported to the Income Tax Department (ITD). If the ITD finds that you have deposited cash above the limit without paying taxes, you could be liable for a penalty. In the 2nd part of this video, we will also discuss Limits for UPI Transactions. The Income Tax department hasn't specified any specific limit for UPI transactions. But that doesn't mean you can freely make as many UPI transactions as you want without ever receiving an Income Tax notice. We'll explain all the exact details about the limits related to UPI transactions, which will help reduce the chances of you receiving a notice. =============================================================================== Follow our channels (bekifaayati) on  Instagram: https://www.instagram.com/bekifaayati/ ​​  Facebook: https://www.facebook.com/kifaayati​​  Linkedin: https://www.linkedin.com/company/kifaayat/  Twitter: https://twitter.com/bekifaayati​ #incometax #incometaxnotice #upilimit =============================================================================== We Simply the World of Personal Finance! Subscribe Our Channel to Uncomplicate Your Financial Life https://www.youtube.com/c/bekifaayati