The government has given more time to many due to the corona infection, which is a great opportunity for many. But some will not do this until the end of time. Let us now look at 5 important things to do by September 30th to remind such people.
Income tax filing
Due to a corona infection and a disorder in the new income tax base, the Federal Reserve has extended the last day for monthly payers to file their income tax returns from June 30 to September 30.
It is expected that these measurements will be extended again as there will be many more problems in the income tax base. However, as the notice has not been issued yet, the income tax return has to be filed by September 30.
Failure to file an income tax return for the financial year 2020-21 by September 30 will result in a fine of Rs 5,000. Those earning less than Rs 5 lakh will be fined Rs 1,000.
Mobile number link in bank account
From October 1, all types of bank auto debit payments will be double-approved. Thus you need to link the correct mobile number to your bank account.
Otherwise you will face a penalty for not auto debiting the installment. This means that all debits that banks make automatically can no longer be made without your permission. This requires that your bank account be linked to a valid mobile number.
Two-factor authentication is mandatory every month for bank and financial institutions to auto debit amounts such as home loan, auto loan, car loan, bike loan, personal loan, education loan, mutual fund SIP, current bill, phone bill, Netflix payment, credit card bill. Is.
The system, which came into effect on April 1, allows people to link a valid mobile number to their bank account until September 30.
Aadhar Pan Link
The federal government has extended the Aadhaar ban several times and announced September 30 as the deadline. If not connected after September 30, the ban number will be canceled.
In case of cancellation, everyone has to buy a new ban card. Apart from this, a fine of up to 1000 rupees is to be imposed.
Don’t forget to attach your PAN by September 30
KYC for demat account
On July 30, the Securities and Exchange Board of India (SEBI) issued an order requiring KYC to fill all demat accounts. Previously, the last day was July 31.
It was then announced that September 30 was the last. Name, address, PAN, mobile number, email ID and income details should be uploaded in this KYC.
Advance tax payment
The deadline was extended to include filing income tax to pay advance tax for fiscal year 2024-22. The Income Tax Department has extended the deadline from September 15 to September 30
