I heard that if one transfers a fund over $10,000 to a foreign country, a bank has to report it to the government. Is it $10,000 per transaction or $10,000 per year?

If a bank credits or debits $10,000 or more in "CASH", it must file a Currency Transaction Report, or CTR, which is reported to the IRS. I note "CASH", for any and all traceable fund sources, i.e. wiretransfer, does not require a CTR.

It is more than 10000 us dollars from india to usa, but it is one time transfer in this year. Is it taxable or need to report to the government ?