{"id":1041,"date":"2024-12-06T09:47:37","date_gmt":"2024-12-06T04:17:37","guid":{"rendered":"https:\/\/richnook.com\/news\/?p=1041"},"modified":"2024-12-06T09:47:38","modified_gmt":"2024-12-06T04:17:38","slug":"dec-2024-financial-deadlines-itr-aadhaar-fd-and-others","status":"publish","type":"post","link":"https:\/\/richnook.com\/news\/finance-tips\/dec-2024-financial-deadlines-itr-aadhaar-fd-and-others\/","title":{"rendered":"December 2024 Financial Deadlines! ITR, Aadhaar, FD & Others"},"content":{"rendered":"\n

As 2024 nears its end, December presents several crucial financial deadlines that individuals and taxpayers must know. Missing these deadlines may result in missed opportunities, penalties, or additional costs. Here\u2019s a list of the essential dates. Scroll down!<\/p>\n\n\n\n

1. Free Aadhaar Updates: Deadline on December 14, 2024<\/strong><\/h2>\n\n\n\n
    <\/ol>\n\n\n\n

    The Unique Identification Authority of India (UIDAI) is offering free updates for Aadhaar demographic details (such as name, address, and date of birth) via the myAadhaar portal until December 14,2024. Post this date, offline updates at enrolment centres will incur charges.<\/p>\n\n\n\n

    2. Advance Tax Deadline: December 15, 2024<\/strong><\/h2>\n\n\n\n

    For individuals and entities not under the presumptive taxation scheme, the advance tax schedule for FY 2024-25 is as follows:<\/p>\n\n\n\n

      \n
    • June 15<\/strong>: 15% of the total tax liability<\/li>\n\n\n\n
    • September 15<\/strong>: 45% of the total tax liability<\/li>\n\n\n\n
    • December 15<\/strong>: 75% of the total tax liability<\/li>\n<\/ul>\n\n\n\n

      Failure to meet this milestone may attract interest penalties under Sections 234B and 234C of the Income Tax Act.<\/p>\n\n\n\n

      3. Axis Bank Credit Card Updates: Effective December 20, 2024<\/strong><\/h2>\n\n\n\n

      Axis Bank is rolling out modifications to its credit card terms, which will be effective from December 20, 2024:<\/p>\n\n\n\n

        \n
      • Interest Charges<\/strong>: For the Airtel Axis Bank Credit Card, the finance charge will rise from 3.6% per month to 3.75% per month.
        Customers are advised to review these updates to avoid unexpected costs.<\/li>\n<\/ul>\n\n\n\n

        4. Special Fixed Deposit (FD) Offers: Invest Before December 31, 2024<\/strong><\/h2>\n\n\n\n

        Several banks are providing limited-time high-interest fixed deposit schemes, which will conclude by the end of December:<\/p>\n\n\n\n

          \n
        • IDBI Bank\u2019s Utsav FDs<\/strong>: Attractive interest rates for unique tenures such as 300, 375, 444, and 700 days.<\/li>\n\n\n\n
        • Punjab & Sind Bank FDs<\/strong>: Customized FD plans with competitive returns across varying tenures.<\/li>\n<\/ul>\n\n\n\n

          If you are planning to maximize returns on fixed deposits, these schemes are worth exploring before their deadlines.<\/p>\n\n\n\n

          5. Belated Income Tax Return (ITR) Filing: Deadline December 31, 2024<\/strong><\/h2>\n\n\n\n

          For taxpayers who missed the July 31, 2024, deadline for filing their income tax returns for the assessment year 2024-25, there\u2019s still time. The belated ITR can be filed until December 31, 2024. However, filing after the original due date may attract penalties under Section 234F, along with interest on unpaid tax liabilities.<\/p>\n\n\n\n

          Conclusion<\/strong><\/h2>\n\n\n\n

          Staying aware of these deadlines is vital for financial compliance and leveraging available benefits. Whether it\u2019s managing tax liabilities, updating essential documentation, or maximizing returns through special FD offers, timely action in December 2024 ensures a smooth transition into the new year.<\/p>\n","protected":false},"excerpt":{"rendered":"

          As 2024 nears its end, December presents several crucial financial deadlines that individuals and taxpayers must know. Missing these deadlines may result in missed opportunities,…<\/p>\n","protected":false},"author":1,"featured_media":1042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[168],"tags":[169,172,170,171,84,78],"class_list":["post-1041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-tips","tag-aadhaar","tag-advance-tax","tag-axis-bank","tag-credit-card","tag-fd","tag-itr"],"_links":{"self":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/1041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/comments?post=1041"}],"version-history":[{"count":1,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/1041\/revisions"}],"predecessor-version":[{"id":1043,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/1041\/revisions\/1043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media\/1042"}],"wp:attachment":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media?parent=1041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/categories?post=1041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/tags?post=1041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}