The year 2019 will come to end in just a few days, most of us will be in the process of gearing up the new year some of them in Holidays mood, some of the party mood, setting the agenda of 2020 and planning for the new year.
Link your PAN with AADHAAR
Before 31st December link, your PAN card to Aadhaar else it will be invalid after 31st December, from 1st of April income tax department had made mandatory to link PAN to Aadhaar especially while to file an income tax return unless specifically exempted. The deadline to link the Aadhaar has already extended from September 30 to December 31. Any PAN which is not link to Aadhaar will become inoperative from 1st January 2020
File your Last year ITR
If you have not filed your income tax return. The deadline for file ITR returns till 31 December to avoid any penalty.in budget 2017 introduced a new law of levying late filing fee under section 234F and become effective from the financial year 2017-18 or assessment year 2019 onward, so if you file your belated return before 31st December you will have to pay fine of 5000.however you will pay 10,000 after 31st December 2019.
Change your SBI ATM-cum debit card.
If you still have a magnetic stripe State Bank of India (SBI) ATM-cum-debit card, on December 31 it will become useless, the lender will deactivate it. You will have to replace it with an EMV chip and pin based card. SBI said that has purposed to deactivated to magnetic strip card by December 31
Those who have applied for the new EMV chip-based debit card and have not received it yet should visit their SBI home branch as soon as possible to switch from the magnetic card.