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Savings Bank Account Limit As Per New Income Tax Rules 2026

| Last updated: 22 May 2026

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Overview The Income Tax Act, 2025, read with the Draft Income Tax Rules, 2026, ushers in a significant reset of the rules that govern savings bank account transactions in India. Effective April 1, 2026, the compliance framework has been simultaneously simplified for ordinary depositors and tightene

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About the Author

Poojitha Raam Vinay

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I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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