New Year's Eve Deadline: 6 Crucial Tasks to Avoid Penalties!

Money
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News18•31-12-2025, 14:07
New Year's Eve Deadline: 6 Crucial Tasks to Avoid Penalties!
- •Link PAN with Aadhaar by December 31st to prevent your PAN from becoming inoperative and facing transaction limits.
- •File belated ITR for FY 2024-25 or submit a revised return for corrections by tonight to avoid notices.
- •Respond to Income Tax Department notices or SMS regarding discrepancies by December 31st to prevent legal action.
- •Utilize the last chance to change your tax regime choice (old/new) via a revised ITR by tonight.
- •Sign the revised bank locker agreement as per new RBI rules to avoid your bank locker being frozen.
Why It Matters: Complete 6 critical financial tasks by Dec 31st to avoid penalties and frozen accounts.
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