Tax & ComplianceLiveMint — Money
How much cash can you deposit in a savings account in a year? Here's what happens if you cross the limit
15 Aug 2026 · 15 Aug 2026
Large cash deposits in savings accounts can attract scrutiny from banks and tax authorities. Deposits exceeding ₹10 lakh in a financial year must be reported, requiring depositors to disclose their sources to avoid potential tax implications.
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