Aadhaar-PAN Linking: The last date for linking Aadhaar and PAN number is 31 March 2022. If you have not done so yet, then you can link Aadhaar and PAN before March 31. Failure to do so will render the PAN number invalid.
Belated ITR: In view of the pandemic, the last date for filing Income Tax Return (ITR) for the financial year 2020-21 has been extended several times. The Income Tax Department had last fixed its period on December 31, 2021. However, if you could not file ITR by that time, then you can file your return till March 31, 2022. However, taxpayers will have to pay late fees while filing belated IT returns.
Bank Account KYC: RBI has extended the deadline for completion of Bank Account KYC from December 31, 2021 to March 31, 2022. Under KYC, the bank asks the customers to update their PAN card, address like Aadhar, Passport etc. Along with this, recent photographs and other information are sought.
Tax Saving Plan: If you have opted for the old tax regime for the financial year 2021-22, then do tax saving planning by March 31, 2022. With this you can save tax on section 80C, 80CCD(1B), medical insurance premium etc.
Account with Post Office: If you have Public Provident Fund (PPF) Account, National Pension Scheme (NPS) Account and Sukanya Samriddhi Account in post office and you have not deposited any money in these accounts for the current financial year, then you will have to deposit the minimum required amount by March 31. Failure to do so will result in the account being closed.