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Pen aadhaar Link: Complete these 4 important tasks by March 31, otherwise you will have to pay heavy fine

by Daniel Mitchell
March 17, 2023
Reading Time: 3 mins read
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Pen aadhaar Link: Complete these 4 important tasks by March 31, otherwise you will have to pay heavy fine


News Nation Bureau , Edited By: Sunder Singh , Updated on: 17 Mar 2023, 07:21:23 PM

Indicative picture (Photo Credit: News Nation)

highlights

  • March 31 is the deadline due to the financial year, it is necessary to follow the rules
  • PAN card will become inactive if Aadhaar-PAN is not linked
  • You can invest in Vaya Vandana Yojana only till March 31

New Delhi :

Pen aadhaar Link: The financial year is about to end. In such a situation, it is necessary for the people related to finance to handle many important tasks. If you do not complete these five main tasks till the deadline, then you will have to repent. Because you may face many other problems along with late fees. Let us tell you that if you do not link the pen with Aadhaar till March 31, then your pen card will become inactive. Not only this, your bank account can also become inactive.

Also read: Indian Railways: Now the country’s railway stations will be smart, will be equipped with world class facilities

1. Late fee up to Rs 1000
Let us tell you that if you have not linked the pen with Aadhaar till March 31, 2023, then you may have to pay a late fee of Rs 1000 later. Along with this, your bank accounts should also be deactivated. Therefore, before March 31, 2023, make sure to link Aadhaar with PAN in time. Even sitting at home online, you can link pen with Aadhaar. Let us tell you that the Central Board of Direct Taxes (CBDT) is charging a late fee of Rs 1000 from June 30, 2022 itself.

2. Tax Savings Investment
Let us tell you that if you have not yet invested for tax savings for 2022-23, then do so immediately. Because you can get section 80C tax exemption by doing PPF, Sukanya Samriddhi Yojana, 5 years FD. If you have not invested yet, do it before March 31. Otherwise you may be deprived of tax exemption.

3. Income Tax Return
If you have not yet filed Income Tax Return (RTI), then do so. Otherwise fine may have to be paid. Because the Income Tax Department has asked to file income tax returns by 31 March. Along with this, the date of return has also been extended several times. That’s why file ATR in time.

4. Investment in PM Vaya Vandana Yojana
Let us tell you that the Central Government’s PM Vaya Vandana Yojana is closing on 31 March. The government has not yet given any information to take the scheme forward. That’s why you can invest under PM Vaya Vandana Yojana only this month. According to the information, this is a pension scheme for citizens of 60 years. Which was started before the Corona period.






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First Published : 17 Mar 2023, 07:21:23 PM



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Daniel Mitchell

Daniel Mitchell

Daniel is a business editor who writes about various topics such as technology, health and finance. He works along with the colourful folks that build a nation through tech startups. He is also a professional football player and video games enthusiast.

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