Urgent Financial Tasks to Complete Before March 31 Deadline

New Delhi:

With the end of the financial year 2023-24 fast approaching, it’s imperative to prioritize essential financial tasks to avoid potential setbacks in the upcoming fiscal year.

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Here are crucial deadlines you need to meet before March 31 to safeguard your financial interests:

Check Below

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Invest Wisely for Tax Savings

For individuals adhering to the old tax regime, investing before March 31, 2024, is critical to capitalize on tax-saving opportunities for the financial year 2023-24.

Act promptly to explore various tax-saving options and maximize your savings to avoid missing out on potential tax benefits.

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Timely TDS Filing Obligations

Taxpayers are reminded to issue TDS certificates before March 31, ensuring compliance with tax deduction regulations.

Additionally, filing statements with accurate information is imperative to fulfill TDS filing obligations within the stipulated timeframe.

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Final Call for Updated ITR Filing

March 31 serves as the deadline for filing updated income tax returns for the assessment year 2021-22.

Take advantage of this opportunity to rectify any errors made during the financial year 2020-21 by filing an updated return promptly.


Fastag KYC Completion Deadline

Don’t overlook the Fastag KYC completion requirement, as the deadline looms on March 31, 2024.

Failure to comply with this mandate will result in the inability to recharge your Fastag account starting April 1, emphasizing the need for timely action.


Ensure Adequate Balances in Investment Accounts

For individuals invested in schemes like PPF or Sukanya Samriddhi Yojana, ensuring timely investments before March 31 is crucial to prevent account freeze.

Maintain minimum balances to uphold the continuity of your investments and avoid potential disruptions.

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