itr filing last date: From ITR filing to submitting annual life certificate: 4 personal finance tasks to complete before December 31

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The calendar year 2021 is coming to an end, and with that brings among other things money-related tasks one should complete before December 31, 2021. Here are four personal finance deadlines to keep in mind and complete before December 31.

Income tax return filing deadline for FY2020-21

The government has extended the income tax return (ITR) filing deadline for the fiscal year 2020-21 to December 31, 2021. The ITR deadline has been extended twice – first from the usual deadline of July 31 to September 30, 2021, and then to the current deadline of December 31. The deadline has been moved due to the glitches on the new income tax portal which had made it difficult for many taxpayers to complete their ITR filing process.

According to a press release issued by the Central Board of Direct Taxes (CBDT), “The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July, 2021 under sub-section (1) of section 139 of the Act, as extended to 30th September, 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st December, 2021.”

Click
here for all the help you need to file your ITR if you are yet to do it.

Now, although there are calls from many quarters for an extension of the ITR filing deadline, one should not wait till the last minute to complete the process. What with the various issues being faced by ITR filers on the new tax filing portal, it is advisable to file as soon as possible.

Also read:
Why ITR filing deadline for FY 2020-21 may be extended beyond December 31, 2021 for individuals

However, due to some reason you cannot file your ITR before the deadline, click
here to find out what happens if you miss the ITR filing deadline.

Also read:
What happens if you miss the ITR filing deadline

Last date to submit Jeevan Pramaan Certificate

The deadline for government retirees to submit their annual life certificate, also known as Jeevan Pramaan Patra, has been extended until December 31, 2021. It is critical for retirees to submit their life certificates on time in order to continue receiving their pension.

Also read:
How pensioners can give annual life certificate: Here are 5 ways to submit Jeevan Pramaan

Also read:
All you need to know about submitting annual life certificate online

However, if you are an member of the Employees’ Provident Fund (EPF), then you have more time. Click
here to read more.

Deadline to get your demat, trading accounts KYC compliant

The Securities and Exchange Board of India (Sebi) extended the deadline for making demat and trading accounts KYC-compliant to December 31, 2021, from September 30, 2021.

As per a circular issued by Sebi in April 2021, the depositories, i.e., NSDL and Central Depository Services Ltd (CDSL) are required to ensure that six important KYC attributes are updated in the existing demat, trading accounts.

A demat, trading account holder is required to update the following KYC attributes:

a) Name

b) Address

c) PAN

d) Valid mobile number

e) Valid email ID

f) Income range

Also read:
Sebi extends KYC deadline for demat, trading accounts to December 31, 2021

Last date for those in the North East region to link Aadhaar with UAN

Due to the impact of the second wave of the pandemic, the labour ministry has delayed mandatory Aadhaar seeding for north-eastern states and certain establishments by four months, until December 31, 2021, while waiving the penalty on employers for late filing of returns under the Employees Provident Fund Organization for two months.

Linking your EPF account with Aadhaar can help speeding up the claim settlement process. As per the unified portal of EPFO, if you wish to file an online claim for your EPF, then you have to mandatorily link your UAN with Aadhaar.

How to check if your UAN is linked to Aadhaar

If you are not sure if your UAN is linked to Aadhaar, then follow the steps below to check:

Step 1: Visit the member sewa portal: https://unifiedportal-mem.epfindia.gov.in/memberinterface/

Step 2: Login to your account by entering your UAN and password.

Step 3: Once logged in successfully, select ‘KYC’ option under the ‘Manage’ tab.

On the screen check under the verified documents tab, if your Aadhaar number is shown and approved, then it means that your UAN is linked with Aadhaar.

However, if the Aadhaar number is not shown under the verified documents tab, then you will be required to link your UAN with Aadhaar.

Click
here to find out how you can link your UAN with Aadhaar.



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