As we step into March, it’s imperative to address various financial tasks before the closure of the financial year.
From tax-saving investments to essential updates, ensuring timely completion of these tasks is crucial.
Here are five important tasks you need to complete before March 31 to streamline your finances effectively.
1. Tax Savings Investment:
With March 31 marking the deadline for tax-saving options for the financial year 2023-24, it’s imperative to invest in suitable schemes to avail tax benefits.
Investing before the deadline ensures eligibility for tax exemptions, providing an opportunity to optimize your tax liabilities based on your income.
2. Home Loan Discount Opportunity:
Take advantage of the special home loan discount scheme offered by SBI before March 31. This scheme provides discounts on home loans, subject to a good CIBIL score.
Utilize this opportunity to make significant savings on your home loan repayments.
3. Paytm Payments Bank Services:
The RBI has extended the deadline for various services of Paytm Payments Bank.
Previously barred from accepting new deposits or top-ups, the deadline has now been extended to March 15, 2024.
Ensure compliance with the updated guidelines to avoid any disruptions in banking services.
4. Aadhaar Card Update:
Take advantage of the facility for free Aadhaar card updates provided by UIDAI until March 14, 2024.
After this date, a fee will be applicable for any updates or modifications to your Aadhaar card details.
Ensure your Aadhaar information is accurate and up-to-date to avoid any inconvenience in the future.
5. Fastag KYC Update:
The deadline for completing Fastag KYC has been extended until March 31, providing an extended window for compliance.
Ensure timely completion of Fastag KYC requirements to continue enjoying the benefits of hassle-free toll payments on national highways.
