SBI hit by cyberattack, customer data leaked on dark web: All you need to know https://economictimes.indiatimes.com/tech/technology/sbi-hit-by-cyberattack-customer-data-leaked-on-dark-web-all-you-need-to-know/articleshow/135084283.cms Download Economic Times App to stay updated with Business
Day: October 21, 2026
***UPI limit: What happens if you transfer Rs 1 lakh through multiple transactions in a day?
https://www.financialexpress.com/money/upi-limit-what-happens-if-you-transfer-rs-1-lakh-through-multiple-transactions-in-a-day-4365540 As per the announcement, UPI payments above Rs 2,000 carry an MDR of 0.4%. The Merchant Discount Rate (MDR) framework for Unified Payments Interface
*******Woman declares Rs 4.8 lakh income, has Rs 50 lakh LIC policy: Why she lost her ITAT case
https://www.financialexpress.com/money/woman-has-rs-50-lakh-lic-policy-earns-rs-4-81-lakh-why-itat-rejected-her-claim-4365539 A life insurance policy worth Rs 50 lakh can raise questions about the source of funds if the investment does not match the income
*****Rising bond yields add to banks’ ECL transition burden
https://www.financialexpress.com/business/banking-finance-rising-bond-yields-add-to-banks-ecl-transition-burden-4365594 Rising government bond yields are threatening to increase the cost of banks’ transition to new accounting norms from April 2027. While most banks have
*******Rs 24 crore cash sales in Form 26AS, Rs 4-crore tax demand: How a five-star hotel cook won his case in Delhi High Court
Read more at:https://economictimes.indiatimes.com/wealth/tax/rs-24-crore-cash-sales-in-form-26as-rs-4-crore-tax-demand-how-a-five-star-hotel-cook-won-his-case-in-delhi-high-court/articleshow/135060043.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst On February 26, 2024, Mr Lalit who worked as a cook in Hotel Ashoka, got an income tax notice.The notice claimed that
