Relief has been given for many works by the government. That is, the deadline of 31 March has been pushed forward by the government.
The new financial year has started from 1 April 2021. With the beginning of the new year, many rules of the banking system also change. Also, till March 31, many work related to many bank or government documents also have to be done. This was also the case this time and the last date for completion of many works was 31 March, but now relief has been given for many works by the government. That is, the deadline of 31 March has been pushed forward.
In such a situation, you know that the deadline of which works has been increased and now those works can be completed in the next few months. In such a situation, you now know which tasks you can complete comfortably.
Aadhar link to PAN card link
The Central Board of Direct Taxes (CBDT) had fixed 31 March 2021 as the last date for linking Permanent Account Number (PAN) and Aadhar (Aadhar). But now giving huge relief to the people, the department has extended the last date to June 30. That is, people now have 3 months to link PAN card with Aadhaar. Earlier, this work was to be completed by 31 March and it was said that if it does not do so, the PAN card will be closed.
Auto payment
The Reserve Bank has announced an increase in deadline for auto payments. The Reserve Bank of India has decided to extend the deadline of recurring online transactions by six months. Earlier, the Reserve Bank of India had decided to stop the automatic payment facility for works like recharge, utility bills. Under this rule, bill payment cannot be auto debit and you have to give approval to the bank before any transaction.
Trade policy
The country’s foreign trade policy will remain valid till the next 6 months i.e. September. This will give the government a chance to formulate a scheme to promote India’s exports. The policy that was in place now came in 2015 and was valid till the next five years i.e. 31 March 2021, which has now been extended till September.
IGST
The Finance Ministry on Wednesday extended the exemption from basic customs duty and the Integrated Goods and Services Tax (GST) by another year. Now it has been extended for one year i.e. till 31 March 2022.
Dispute scheme april
The government has also put forward the last date of payment in the trust scheme from the dispute. You can be paid by April 30 under this scheme. Let us know that till March 27, 1.3 lakh applicants have applied to end the dispute.
