Important Financial Deadlines for December 2024

As 2024 comes to an end, it’s essential to keep track of important financial deadlines. Missing these deadlines could lead to financial penalties or missed opportunities. The following deadlines cover income tax payments, Aadhaar updates, special fixed deposit offers, and changes to credit card terms.

December 15, 2024

The advance tax payment deadline for taxpayers who are not under presumptive taxation is December 15, 2024. This deadline will make them avoid penalties on late payments.

December 31, 2024

There are still chances to file the belated income tax return in case it was missed on the last date. December 31, 2024, is the last date to do this for the assessment year 2024-25. But remember to file within time so as not to incur penalties and more hassle.

December 14, 2024

The myAadhaar portal will continue to update demographic details free of charge up to December 14, 2024. All subsequent updates made at the offline centres will attract a fee, so it is advisable to do all the updates before this date.

December 31, 2024

IDBI Bank’s Utsav Fixed Deposits: This offers special tenures for 300, 375, 444, and 700 days. Several fixed deposit schemes are offered by the Punjab and Sind Bank, which will close on December 31, 2024.

December 20, 2024

New Credit Card Terms will come into effect for Axis Bank starting from December 20, 2024. Finance/interest charges for the Airtel Axis Bank Credit Card would increase from 3.6% to 3.75% per annum monthly rate.

The above financial dates need to be remembered to avoid extra fees and to use all promotional offers before they expire.