The month of September has started. Many rules related to our everyday life have also changed from the first date. But there are many rules that will change at the end of this month.
In such a situation, you should deal with the important work as soon as possible. Many times we leave the work in the hope of increasing the date, due to which we have to face a lot of problems later. Let us know what are the works whose deadline is 30 September.
ITR Filing
The last date for filing income tax returns for the financial year 2020-21 is 30 September 2021. Usually this deadline is 31 July, but due to Corona, the government has extended the date till 30 September. If you do not file income tax return by September 30, then you will have to pay Rs 5000 for late fee. However, if the total income does not exceed Rs 5 lakh in a financial year, you will not have to pay a late fee of more than Rs 1,000.
Auto debit transaction
Two-factor authentication will be mandatory for auto debit payments from October 1. Therefore it is important that you update your mobile number in your bank account. Auto debit mandate is usually given for mutual fund SIPs. RBI has made the additional factor of authentication mandatory from October 1. The bank will have to give this information on your mobile number 5 days before and at least 24 hours before the payment.
KYC required for demat account
If you invest through demat account, then you have to complete the KYC process by 30 September. If you do not do this your account will be deactivated.
Aadhar pan link
The last date for linking PAN card with Aadhaar is also September 30. If you do not do this then in future you will have to face many financial problems. The linking date has been extended several times. In such a situation, there is little hope that this date will be extended further.
Aadhar pf link is necessary
From September 1, if your PF account is not linked with Aadhaar, then money will not come in your account. In such a situation, link PF account with Aadhaar as soon as possible.