New Year's Eve Deadline: 6 Crucial Tasks to Avoid Penalties!
Money
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News1831-12-2025, 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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