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Complete these finance-related tasks before the new deadline ends!
In order to help the taxpayers, the government has extended the March 31 deadline for some of the finance-related tasks.
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The Central Board of Direct Taxes on Tuesday extended the deadline for linking PAN and Aadhaar till June 30, 2023.
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From July 1, 2023, an unlinked PAN will become inoperative with consequences, the CBDT said in a statement. "The PAN can be made operative again in 30 days, upon intimation of Aadhaar to the prescribed authority after payment of fee of ₹1,000," the statement said.
SEBI has extended the deadline to update the nomination details for trading and demat accounts to September 30, 2023.
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Those accounts that fail to update the nomination will be frozen with effect from September 30, India's market regulator said in a circular.
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The Securities Exchange Board of India (SEBI) has also extended the deadline for nominee updation to September 30, 2023 for mutual fund investors.
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