31 December deadline.
31st December is not only the last day of the calendar, but it is also a very important date in terms of tax, banking and government rules., If some important tasks are not completed today, then tax refunds may be stopped in the future, fines may be imposed or there may be problems in banking facilities., Therefore, it is important to pay attention to these things before the end of the year,
Last date to file income tax return
Today is the last chance for those who did not file income tax returns on time., Neither late return nor revised return can be filed after December 31., This simply means that if your tax refund is due, it can go on forever., Apart from this, penalty can also be imposed for late filing of return, which will put additional burden on your pocket.,
pan And if Aadhaar is not linked then there may be problem.
Today pan And the last date for linking Aadhaar is, If this work is not done on time, then from January 1 pan Card may be deactivated, This helps in income tax filing, bank account, mutual fund, demat account and KYC Services related to may be affected, You may also have to pay a fine for linking later.,
Tax saving related work
It is very important for employed people to complete tax saving tasks on the last day of the year., If you have not yet ELSS, PPF, NPS Or if you have not invested in schemes like health insurance, then today may be the last chance., If payment is not made on time Form 16, AIS Or Form 26AS There may be an error, which may further lead to a tax notice.,
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AIS And Form 26AS must check
before the year ends AIS And Form 26AS It is wise to look carefully at, If there is any kind of wrong income entry or TDS If there is a deficiency, it can be rectified now, By doing this, notices from the tax department and unnecessary problems can be avoided in the coming year.,
Important warning for business and professionals
For those who do business or provide professional services, 31st December is auspicious. TDS And the last date for tax compliance is, If these tasks are not completed on time, you may have to face interest and penalties.,
7th Pay Commission round ends
Today, 10 years of 7th Pay Commission is also being completed., Although there will be no immediate salary changes from January 1, it marks the end of a long pay cycle., In the coming time, the discussion about the new pay commission may intensify, due to which changes in the salary and pension of government employees are possible in the future.,