Annual Information Statement 2025: Know Latest Update Introduced in AIS
The Annual Information Statement (AIS) is a detailed record of all the financial transactions done by a taxpayer during a financial year. It was designed by the Income Tax Department. The AIS has 57 types of different data, including salary, rent, dividends, income paid by companies, interest (FD or savings), GST Turnover, property transactions, stock or mutual fund trades, lottery winnings, and large cash or foreign transactions.