31 March 2023: The month of March has started and this month you have to settle many tasks related to your money. If you do not settle your work before 31st, then you may suffer a huge loss.
Financial Works 31 March 2023: The month of March has started and this month you have to deal with many tasks related to your money. If you do not settle your work before 31st, then you may suffer a huge loss. In this, there are many important works ranging from PM Vaya Vandana Yojana to PAN Aadhaar linking. Let us tell you that before 31st, you should finish some of your important work-
PM Vaya Vandana Yojana
If you are also thinking of investing money in this government scheme, then this is your last chance. This scheme is very beneficial for the people of 60 years. In this, pension is received from the government. The government has told that this scheme will end after March 31, 2023, so you can invest in it in the month of March. At present, no notification has been issued by the government to continue this scheme.
Investment in SBI scheme
If you also want to take advantage of higher interest in SBI scheme, then you have the last chance. In SBI’s new FD scheme Amrit Kalash, you are getting interest at the rate of 7.6 per cent. In this scheme you have to invest only for 400 days.
Link PAN with Aadhaar
You have only till 31st March to link PAN with Aadhaar. Please tell that for this you will have to pay late fees, but you should link it by 31st otherwise you will not be able to pay income tax.
Last chance for tax planning
Let us tell you that you have the last chance to plan to save tax in the financial year. After this, if you invest in any tax savings scheme, then you will not get the benefit of deduction on it. You can invest money in many schemes like PPF, NPS, Sukanya Samriddhi.
Mutual fund scheme
If you have not yet done nomination in the mutual fund scheme, then you should also complete this work by 31st March. Fund houses have asked all investors to update this. If you do not make the nomination, then your mutual fund folio will be frozen, so you should complete this work by March 31.