There was a time when people were overly dependent on traditional banking. Whenever banks were announced to remain closed for several consecutive days due to official holidays or strikes, long queues of people would form in banks to withdraw money. People would stand in line outside for hours. But, with the increase in the trend of digital banking, people's traditional dependence has reduced. According to a report, more than 80 per cent of people (adults) in the country are connected to the banking system. Due to this, everyone has started keeping money in banks because people trust them. It has also become easier for the government to provide facilities to the public. Not only is your money safe in the bank account, but you also get interest. Many times people put their savings worth lakhs in savings accounts. In such a situation, you should know how much money you can keep in the savings account so that you do not come under the radar of the Income Tax Department.