With the filing deadline for Statements of Financial Transactions (SFTs) just six days away, the Income-tax Department has called upon all reporting entities to ensure timely, accurate, and complete submissions of Statements of Financial Transactions (SFTs) for FY26. Under the Income-tax law, the reporting entities are mandated to furnish details of specified high-value transactions, including interest payments, dividends, securities trades, mutual fund investments and property deals, to the Income-tax Department. The data populates taxpayers’ Annual Information Statement (AIS), which offers a consolidated, PAN-linked view of financial transactions and significantly simplifies the income-tax return (ITR) filing process. Reporting Entities, including banks, cooperative banks, mutual funds, companies, property registration authorities, foreign exchange dealers, and other notified institutions, serve as the backbone of this transparent system, officials stated.