PAN-Aadhaar Linking, to Higher EPS Pension: Big Changes from June which can effect you financially

By Lokmat English Desk | Published: May 29, 2023 01:38 PM2023-05-29T13:38:03+5:302023-05-29T13:38:03+5:30

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There have been many changes in the new financial year. Extension of time has been given for some money related works. Those works have to be completed as soon as possible. Otherwise there will be panchayat of the people, but also financial impact.

The deadline for adding PAN and Aadhaar numbers has been extended to 30 June 2023. Taxpayers must add both the numbers within this term. Apart from this, a total of 6 such financial matters will expire in June. Let's find out about it.

: All those who have been issued PAN number before 1st July 2017 as well as those who are eligible for Aadhaar number, need to link PAN and Aadhaar. Its deadline is 30 June 2023.

Enhanced EPS Pension : Last date to apply for Enhanced EPS Pension is 26 June 2023. Earlier this deadline was till March 3. However, it has been extended following demands from EPFO members.

Free Aadhaar Updation : The facility to update your personal details on Aadhaar card free of cost has been made available from 15th March to 14th June 2023. This service is free on the Aadhaar portal itself. However, there is a fee of Rs 50 at Aadhaar centre

Bank Locker Agreements: RBI has given banks till 31st December 2023 to renew bank locker agreements in a phased manner. 50 percent renewal has to be done by June 30, 2023. By September 30, 75 percent of contracts will be renewed.

Indian Bank Special FD: Indian Bank's 'IND Super 400 Days' Special FD has a maturity of 30 June 2023. The interest rate is 7.25 percent for general, 7.75 percent for senior citizens and 8.00 percent for super senior citizens.

SBI Amritkalash: SBI has revived 'Amritkalash' retail deposit scheme, the 400 days term of this scheme will expire on June 30, 2023. It has an interest rate of 7.10 percent for general and 7.60 percent for seniors.