Most Important Money Tasks to Complete by March 31

MOST IMPORTANT MONEY TASKS TO COMPLETE BY MARCH 31

Here's a reminder for some important financial activities that you should complete before the end of FY 2023-24 on March 31 Written by - Prathyush Gupta Designed by- Prince Kumar Photo Credit: Pexels

[{"selector":"#anim-23e15c5f-7129-4fb9-b567-8e8fbcd7a07f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6742a797-896c-4acd-ad2d-c15117bcc6d4","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79cb5be7-86cb-4702-9ab2-34fad847dec2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc7a0a01-90bd-4db8-a9ba-cbf23666bd18","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Forgot to file your taxes for 2020-21? No worries, you can catch up by March 31 Photo Credit: Pexels

[{"selector":"#anim-3ca76b0b-cc56-41cf-8faa-6cdfb2a1f081","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-642ab11e-eb04-44f1-90a4-070aac7bd12b","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4746fa76-4488-457d-9b2c-7186eac9d082","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53035ffd-8e60-4da3-b3b4-3266ac1017ca","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Want to pay less tax this year? Invest in tax-saving schemes like PPF, ELSS, NSC, NPS before March 31 to reduce your tax burden. Photo Credit: Pexels

[{"selector":"#anim-e78e8ee1-90f3-4f82-9694-fbd909fa9f8d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ff6bc0c4-63c9-4a35-be47-25da935bfcb4","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ac1b8f3-1c78-493c-9758-88bb59775671","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f124dab3-71e9-4632-b6b9-d7b79d6d861e","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8180395-a91b-4280-8912-660e1e5d6b8e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Paid someone and deducted TDS? Give them a TDS certificate showing the tax deducted (like from salary) by a specific deadline. Photo Credit: Pexels

[{"selector":"#anim-3a69c8cf-e1d2-4131-8328-688c02b2affd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4bcd5379-771d-4b10-a65b-cb00b5ed7566","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7a5aef89-91d8-4292-a783-66b4dde1e9bd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ee51e10b-9415-4071-8621-77289eade71a","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Keeping your (PPF/SSY) accounts active: Put some money in these accounts (at least Rs 500/Rs 250) before March 31 or they might get frozen. Photo Credit: Pexels

[{"selector":"#anim-af3b4b3d-3d05-4078-b90e-426c75b82936","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c17dc6d3-e0d0-4e53-8085-0bf545ac451f","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-620b8b80-5774-4f57-b88e-9a51bc0bbbf5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4a7daf9-fc2b-4c72-8b1f-25516d2ff382","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Use FASTag for tolls on highways? Update your details by March 31 or it won't work anymore. Photo Credit: Pexels

[{"selector":"#anim-11b5faa3-116a-47b6-863a-6fd98c813b37","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-acf21f29-cf0b-4e05-8089-871859b15ee6","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48c878a4-88ce-4dbf-862f-da209ceeefce","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-82c6cb67-01f6-4388-bf89-84bbb12c3e72","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tax-saving deadline (FY 2023-24): March 31 is the last day to invest for tax benefits in the current financial year. Photo Credit: Pexels

[{"selector":"#anim-a01d8a8a-c6a0-41bc-a4b7-d4c99911f4b6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4b74d5d8-c16c-4d34-9cef-269dd6aae82b","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-15e5c55b-8591-49d2-b8d9-faab928df6a9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7764fccc-2042-4886-bf60-6edad8414ff7","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-792cc3df-4928-48e4-9b58-cd44d5d67592 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Explore more tax-saving options: Sections 80D, 80G, 80CCD(1B) - These sections offer deductions on health insurance premiums, education loans, charitable donations, and pension contributions. Photo Credit: Pexels

[{"selector":"#anim-36874b23-7bb8-4165-9b43-5b812db61a19","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc27fffa-d719-4724-8330-c02a9187fffa","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4034ec9-a56c-4ec6-a29d-3a2fd7defdda","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9b438ec9-3131-49fc-8236-cb71033b6285","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tax deadlines vary: Depending on the tax section, there might be different deadlines for different tax documents. Check the Income Tax website for details Photo Credit: Pexels

[{"selector":"#anim-9c28a75c-1581-4331-8639-e2007c25275a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f71a7208-99b6-4aed-bcb3-8cae013d3b9f","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-07505738-f884-4f56-afda-b257a0c96b4d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d21f6536-4606-48c6-8ae9-08adbf0e8620","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Plan your money for next year: Take a look at your income, debts, and goals to make a plan to save more taxes next year. Learn more