These are 6 significant financial tasks that need to be completed today.
6 Significant Financial Tasks You Should Complete Today.
Since the fiscal year is ending today (March 31), a host of financial-related works need to be completed. These are 6 significant financial tasks that need to be completed today.
Also Read– New rule on sale of gold items to kick in from 1 April
Tax Saving Investments
Compile all of your tax-saving investments from the current fiscal year 2022–2023 in one place because you only have this day to do so.
Also Read– PAN Aadhaar linking deadline extended, here’s how to link and check status online
Submit Form 12B
If you changed jobs during the fiscal year 2022–2023, use Form 12B to report your new income. Based on the information given in Form 12B before March 31, your new organisation will be able to deduct exact TDS.
Belated ITR Or Revised ITR
The last date for filing belated ITR for FY 2021-22 is 31 March 2023.
Also Read– 5 Special Fixed Deposit Schemes That Are Going To End Today, 31 March 2023
Special FD Scheme
Some banks including SBI, HDFC Bank, Indian Bank, IDBI bank and Punjab & Sind Bank had announced special FD scheme or limited period FD Schemes for its customers which are all ending on 31 March 2023.
Also Read– PPF Interest Rate FY 2023-24: Will Public Provident Fund Deposit interest rate increase today?
KYC For Banks
The Reserve Bank of India had extended the deadline for bank account KYC to 31 March 2023.
Read More: Income Tax recap: These important changes come into effect from April 1
Long-Term Capital Gains
The final day for people wishing to use section 54 GB to avoid paying long-term capital gains (LTCG) tax is 31 March 2023.