The end of the financial year ends on 31 March and there are many important things that you should tackle before that. It can be for your benefit. From April 1, many things can change and you may have to suffer financially. For example, bond yields have decreased by about 0.4% in three months. Due to this, there is a possibility of cutting interest rates of small savings schemes. Let’s take a look at the important things that you should tackle before 31 March.
Banks will remain close for 4 days next week
Investment in Small Savings Schemes
Bond yields have decreased by about 0.4% in the last 3 months. The interest rates of small savings schemes are decided on the basis of this. The second thing is that on one hand, where banks are continuously cutting interest rates of fixed deposits, small savings schemes are still attractive. National Savings Certificate (NSC) and Kisan Vikas Patra (KVP) are getting interest of 7.9% and 7.6% respectively. Their interest rates are likely to come down from 1 April as the government fixes the interest rates of small savings schemes every quarter based on bond yield.
Credit card will be available even after CIBIL score goes bad
Get PAN linked to Aadhaar
The last date for linking PAN and Aadhaar is 31 March 2020. If you do not get the PAN number gender from Aadhaar, then a fine of Rs 10,000 may be imposed. Linking of PAN Aadhaar is quite easy and you can also do it through an SMS. You can also visit the website of the Income Tax Department for PAN-Aadhaar linking.