Key Finance Deadlines in June 2023_ Mark Your Calendar

Key Finance Deadlines in June 2023_ Mark Your Calendar

Don't miss out on these crucial financial tasks and deadlines for June 2023! Take action to avoid penalties and unfavourable outcomes. Swipe through to learn more.

June 14, 2023: Aadhaar Card Update

Update your Aadhaar details online for free until June 14, 2023, through the My Aadhaar portal. After this date, physical Aadhaar centres will charge a fee of Rs 50 for the service. Remember, address changes can be made free of cost until June 14 through the online portal.

June 15, 2023: Advance Tax Payment

Self-employed, salaried individuals, and businesses with estimated tax liabilities over Rs 10,000 must pay 15% as advance tax by June 15, 2023. Exemption from advance tax payment applies if your employer deducts the necessary taxes and you have no additional income sources.

June 26, 2023: EPF Pension Enhancement

Subscribers to the EPF must apply for higher pensions until June 26, 2023. Contribute more beyond the current limit of Rs 15,000 per month. By increasing your monthly basic salary percentage, employees and employers can build a larger pension fund over time.

June 30, 2023: Locker Agreement Renewal

Renew locker agreements by Dec 31, 2023. Achieve 50% enrollment by June 30 and 75% by Sept 30, 2023. Protect your interests. Banks provide free stamp paper. Act now to secure your locker.

June 30, 2023: PAN-Aadhaar Linking

Link your PAN with Aadhaar by June 30, 2023, to avoid account deactivation. Visit NSDL portal, pay with Challan No. ITNS 280 (Major head: 0021, Minor head: 500). Missing the deadline incurs a Rs 1,000 fine and delayed tax returns.

Stay informed, meet the deadlines, and ensure compliance with financial regulations. Contact Kanakkupillai for tax filing and various finance activities. Take control of your personal finances!