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As the deadline for filing ITR, 31 July 2024, approaches, respective important fiscal deadlines and regulatory changes are acceptable to instrumentality effect. Here are immoderate important past dates to remember.
Key Deadlines:
July 1, 2024: Changes to SBI Card recognition paper rules and ICICI Bank recognition paper charges go effective.
July 15, 2024: Completion of Citibank recognition paper migration to Axis Bank.
July 20, 2024: Paytm Payments Bank volition adjacent inactive wallets.
July 31, 2024: Deadline for filing Income Tax Returns for Fiscal Year 2023-24.
Paytm wallet closures
On July 20, 2024, Paytm Payments Bank volition adjacent wallets with NIL balances and nary transactions for implicit a year. The bank's website states, "Please enactment that each wallets which bash not person immoderate transactions for the past 1 twelvemonth oregon much and person nil balance, shall beryllium closed w.e.f. July 20th, 2024. Communication volition beryllium sent to each impacted users and users volition beryllium fixed 30 days' announcement period, earlier closing their wallet."
SBI paper recognition paper regularisation changes
From July 1, 2024, SBI Card volition discontinue the accrual of reward points connected government-related transactions for respective recognition cards. The affected cards include:
Air India SBI Platinum Card
Air India SBI Signature Card
Central SBI Select+ Card
Chennai Metro SBI Card
Club Vistara SBI Card
Club Vistara SBI Card PRIME
Delhi Metro SBI Card
Etihad Guest SBI Card
Etihad Guest SBI Premier Card
Fabindia SBI Card
Fabindia SBI Card SELECT
IRCTC SBI Card
IRCTC SBI Card Premier
Mumbai Metro SBI Card
Nature’s Basket SBI Card
Nature’s Basket SBI Card ELITE
OLA Money SBI Card
Paytm SBI Card
Paytm SBI Card SELECT
Reliance SBI Card
Reliance SBI Card PRIME
Yatra SBI Card
ICICI Bank recognition paper complaint revisions
Effective July 1, 2024, ICICI Bank volition instrumentality changes to assorted recognition paper work charges. Notable updates see the summation of the paper replacement interest from ₹100 to ₹200 for each cards but the Emerald Private Metal Credit Card. Additionally, the pursuing fees volition beryllium discontinued:
Cheque/Cash pick-up interest of ₹100 per pick-up
Charge gaffe petition interest of ₹100
Dial-a-draft transaction interest of 3 per cent of the draught worth with a minimum of ₹300
Outstation cheque processing interest of 1 per cent of the cheque worth with a minimum of ₹100
Duplicate connection petition interest of ₹100 for statements beyond 3 months
Income Tax Return (ITR) Deadline
The deadline for filing Income Tax Returns for the Fiscal Year 2023-24 (Assessment Year 2024-25) is July 31, 2024. Taxpayers who miss this deadline tin inactive record a delayed instrumentality by December 31, 2024.
PNB Rupay Platinum debit paper lounge entree changes
Punjab National Bank (PNB) has announced changes to the lounge entree programme for each Rupay Platinum Debit Card variations, effectual July 1, 2024. The updated benefits include:
- One home airdrome oregon railway lounge entree per quarter
- Two planetary airdrome lounge accesses per year
- Citi Bank Credit Card Migration
Axis Bank has informed Citibank recognition paper customers that each accounts, including recognition paper relationships, volition beryllium migrated by July 15, 2024.
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HomeMoneyPersonal Finance6 large fiscal deadlines, rules alteration successful July 2024: Credit cards, Paytm wallets, ITR deadline
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