If your mutual fund KYC is not based on an officially recognised document as specified by CAMS and KFintech, you ll need to complete your KYC again by March 31, 2024
Various tax-saving investment avenues like PPF, SSY, and NPS require minimum contributions by March 31 to stay active. Failure to do so can lead to penalties and dormant accounts
It is that time of the year when you suddenly find yourself confronted with an alphabet soup of tax exemptions. 80C, 80D, 80DD, 80U, UB40, U2.It s that time of the year when the CFO, CEO, CXO, CDO, C3PO send out missives to their departments like King’s Landing to the various houses of Westeros demanding they bend the knee and surrender the data by March 31. Any rebellions will be put down by the dragons of audit.
Here s how you can avoid a penalty of Rs 10,000 on PAN card - If a person produces a PAN card which is no longer valid, then the Assessing Officer may direct the person to pay an amount of Rs 10,000 as penalty.