Skip to main content

Complete these 10 important tasks by March 31, including Aadhaar-Pan link and tax saving investment

Complete these 10 important tasks by March 31, including Aadhaar-Pan link and tax saving investment



1. Linking the base page

The last date for linking PAN card with Aadhaar is March 31. If you do not link your page to Aadhaar by March 31, it will become inactive. If a person does not have an active page number, the bank will deduct TDS at the rate of 20% on your income.


2. File a Late or Revised Return

The last date for filing billed or revised Incometax Return (ITR) for 2019-20 is also 31st March. Billed returns are filed after the original deadline for filing returns for a financial year has passed. For this the taxpayer has to pay a penalty of Rs. 10,000.

Revised returns are filed when an error occurs while filing the original return. Billed ITR is filed under Section 139 (4) of the Income Tax Act, 1961 and Revised ITR is filed under Section 139 (5). The billed return has to be filed before 31st March 2021 with a late filing fee of Rs.

3. Book profit from stocks and equity funds

Long-term capital gains over Rs 1 lakh on stocks and equity oriented funds are now taxable. If you have made long term capital gain then Rs. Tax exemption can be availed on long term capital gains up to Rs 1 lakh. Book a profit before March 31 to take advantage of the tax deduction.

For that, you should sell as many stocks and equity funds as you can before March 31 to get a profit of up to Rs 1 lakh. Then reinvest the same money in the next financial year. However in the process of buying and selling you have to pay 1% to the brokerage house. Mutual fund investors do not have to pay this amount, as entry loads are not levied and the entry load does not apply when the funds are sold after one year.

4. Investment to get income tax exemption

If you are planning to invest to avail income tax exemption, you have to invest till March 31. Investments made under several sections of the Income-tax Act, such as 80C and 80D, are tax-exempt. Under Section 80C of the Income-tax Act, tax exemption is available on investments up to Rs 1.5 lakh.

brokerage house. Mutual fund investors do not have to pay this amount, as entry loads are not levied and the entry load does not apply when the funds are sold after one year.


4. Investment to get income tax exemption

If you are planning to invest to avail income tax exemption, you have to invest till March 31. Investments made under several sections of the Income-tax Act, such as 80C and 80D, are tax-exempt. Under Section 80C of the Income-tax Act, tax exemption is available on investments up to Rs 1.5 lakh.

5. KYC of bank and demat account

Demat and bank account holders will have to update KYC by March 31, 2022. Under KYC, the bank asks customers to update their PAN card, address, such as Aadhaar, passport etc. Also requested is a recent photograph and other information. As a rule, your bank account may be closed if you do not update your KYC.

If your demat account does not have KYC, it will be deactivated. This will prevent you from trading in the stock market. Even if a person buys shares of a company, these shares cannot be transferred to the account. This will happen after the KYC process is completed and verified.

6. Deposit minimum amount in PPF, NPS and Sukanya accounts

If you have a Public Provident Fund (PPF), National Pension Scheme (NPS) and Sukanya Samrudhi Yojana (SSY) account, but have not invested in it this financial year, you need to deposit some amount in it to keep the account active. These accounts will become inactive if money is not deposited in PPF and NPS. If you do not deposit the required minimum amount, you will have to pay a penalty to reactivate it.

7. Linking bank account with small savings plans

If you run small savings schemes like Time Deposit, Senior Citizen Savings Scheme or Monthly Scheme at Post Office, you must link these accounts with the bank's Savings Account or Post Office Savings Account by March. From April 1, the money for these schemes will be available in the savings account only. You cannot go to the post office and take interest money in cash. Interest linked money will be transferred electronically upon linking to a savings account.

8. e-kyc for PM Kisan Yojana

Farmers who are availing the benefit of PM Kisan Yojana are required to undergo KYC by March 31. You can also do e-kyc if you wish. Farmers who have not done KYC in PM Kisan account after March 31 will not get Rs 2,000 from Government of India.

9. Submit Form 12B

If you have changed jobs after April 1, 2021, report the TDS deducted from the previous job to the new company through Form 12B. If you do not submit Form 12B by March 31, the company may deduct more TDS, which will be to your detriment.


10. Apply in Pradhan Mantri Awas Yojana

Pradhan Mantri Awas Yojana (PMAY) is a new scheme launched by the Government of India to provide affordable housing to the people. The benefit of this scheme can be availed till March 31. Under the scheme, credit linked subsidy is given to first time home buyers. Up to a maximum of Rs 2.67 lakh. Different subsidies are given to different income classes

Popular posts from this blog

Gujarat Anganwadi Bharti 2023: સમગ્ર ગુજરાતમાં આંગણવાડીની ભરતી 2023, ઓનલાઇન અરજી પ્રક્રિયા શરુ.

Gujarat Anganwadi Bharti 2023: સમગ્ર ગુજરાતમાં આંગણવાડીની ભરતી 2023, ઓનલાઇન અરજી પ્રક્રિયા શરુ. ગુજરાત રાજ્યમાં 10,000થી વધુ આંગણવાડી કાર્યકર અને તેડાગરની ભરતી Gujarat Anganwadi Bharti 2023:  સમગ્ર ગુજરાતમાં આંગણવાડીની ભરતી આવી છે. જેમાં ગુજરાતના જિલ્લાઓમાં 10 હજારથી પણ વધુ ની જગ્યાઓ ભરવા માટે આવેદન પત્રો મંગાવવામાં આવ્યા છે, ઓનલાઇન અરજી કરવાની તારીખ 8 નવેમ્બર 2023 થી 30 નવેમ્બર 2023 ના રાત્રે 12 વાગ્યા સુધી ઓનલાઇન અરજી કરી શકશે. Gujarat Anganwadi Bharti 2023 વધુમાં ગુજરાતના સ્ત્રી અને બાળ વિકાસ વિભાગ, સરકાર દ્વારા આંગણવાડી કામગાર, સહાયક અને સુપરવાઇઝર પોસ્ટની ભરતી માટે નોંધણી જાહેર કરી છે. Gujarat Anganwadi Bharti 2023 ICDS વિભાગ આંગણવાડીઓ, તેમાં આવતા બાળકોના સ્વાસ્થ્ય પૂર્ણા યોજના, શિક્ષણની કામગીરી કરે છે. ગુજરાત રાજ્યના દરેક ગામડાઓમાં આંગણવાડીઓ આવેલી છે. આ આંગણવાડીઓ સારી રીતે અને પારદર્શિતા રીતે ચાલે તે માટે e-hrms gujarat portal બનાવેલ છે. જેમાં આંગણવાડીની ભરતીને લગતી તમામ કામગીરી અને ભરતી ઓનલાઈન થશે. તેથી આપણે આ પોસ્ટ માં કેવી રીતે અરજી કરવી અને ક્યાં જિલ્લામાં કેટલી જગ

Once You Try This Recipe You Will Never Walk Into A Pharmacy Again!

Once You Try This Recipe You Will Never Walk Into A Pharmacy Again! Did you catch a cold and it makes your life unbearable? With this drink you don’t have to suffer any more. The two main ingredients that compose this remedy honey and ginger have been used since Ancient times to treat various health problems, infections included, by fighting bacteria such as MRSA, Klebsiella or Escherichia coli. Latest studies have shown that honey and ginger extract powder managed to inhibit the action of these bacteria, acting like antibiotics. At the same time they have proven to be even more effective than antibiotics. Health Tips: આજે અમે તમને આવા જ કેટલાક ઘરેલુ ઉપાય વિશે માહિતી આપવા જઈ રહ્યા છીએ, જેને અપનાવીને તમે આસાનીથી વાયરલ બીમારીઓ જેમ કે શરદી, ઉધરસ અમે કફથી રાહત મેળવી શકશો. તો ચાલો આપણે આપણે જાણીએ કે આ ઉપાય કયા કયા છે. તમને કહી દઈએ કે આ ઉપાય કરવા માટે તમારે દરરોજ રસોડામાં કાળા મરી અને લવિંગ રાખવા જ પડશે. કારણ કે આ બીમારીઓ ગમે ત્યારે થઇ શકે છે. આવામાં જો તમારા ઘરે આ બંને ચીજ વસ્તુઓ હશે તો તમે

ધોરણ 10 અને 12 બોર્ડની પરીક્ષાની તમામ વિષયની પેપર સ્ટાઇલ અને નમુનાનુ આદર્શ પ્રશ્ન પત્ર

ધોરણ 10 અને 12 બોર્ડની પરીક્ષાની તમામ વિષયની પેપર સ્ટાઇલ અને નમુનાનુ આદર્શ પ્રશ્ન પત્ર 25000+ Free Question Bank VSA,MCQ,SA,LA for Std 10,11,12 Sci & Com & Board Paper - Covers Gujarati and English Medium for GSEB APP . - Covers Previous Year Board Paper in All 10,11,12 Sci & Commerce in PDF format for download in your mobile. - Covers All Subjects in GSEB Std. 10 i.e. Maths,Science,Social Study,English(FL & SL),Gujarati(FL & SL),Sanskrit,Hindi,Computer - Covers GSEB Std 11,12 Science, i.e. Maths,Physics,Chemistry,Biology - Covers All Subject in Std 12 Commerde  i.e. Account,Commerce and Management,Economics,S.P.,Statistics,Computer etc. - Having questionbank of morethan 25000 questions for both eng & gujarati medium. - It covers both Texbook MCQ as well as Pervious Year Question Paper MCQ, Very Short Answer (VSA), Long Answer (LA) and MCQs by Experts. - GSEB 2018 SSC , HSC , COMMERCE Results of GSEB ALL MCQ - It has two modes , i.e. Learning Modes and