Financial Tasks: Now only a few days are left for the end of the current financial year and the beginning of the month of April. In such a situation, it is necessary to settle some important financial matters by the end of 31st March. In fact, the last date for many financial tasks is March 31, 2024. If these things are not done then you may have to face problems in future.
Now only a few days are left in the financial year 2023-24. The new financial year will start from April. The new financial year will start from next month, in this respect the month of March is very important. It is important to settle many financial matters this month. If these works are not done in the remaining days of March, there may be losses in future.
Today we will tell you about those financial tasks whose deadline is 31 March 2024.
Tax saving information
Those taxpayers who have selected Old Tax Regime and want to save tax, then they have the last chance to invest in Tax Saving Plan. He can avail tax benefits by investing in any tax saving plan till March 31, 2024.
Under Section 80C of the Income Tax Act 1961, many schemes provide tax benefits of up to Rs 1.5 lakh. There are many tax saving plans like Provident Fund (PPF), Equity-Linked Saving Scheme (ELSS) and Term Deposit (FD), by investing in which taxpayers can save tax.
Updated ITR filing
This is the last chance for the taxpayer to file an updated income tax return (deadline to file an updated income tax return for FY21). The taxpayer should complete this work before March 31, 2024.
If taxpayers have missed filing the return or have not given any information about income, then they have the last chance.