Money, Taxes, and Financial Deadlines: Your March Financial Calendar
March is here, and with it comes a flurry of financial deadlines that demand your attention! Whether you’re an investor, a salaried individual, or a business owner, knowing these dates can save you from last-minute stress and help you optimize your financial portfolio. Here’s what you need to know about UAN activation and tax-saving deadlines.
UAN Activation Deadline Extended
The Employees’ Provident Fund Organisation (EPFO) has announced an extension for the activation of the Universal Account Number (UAN) until **15th March 2025**. This is great news for employees who have yet to activate their UAN; it allows you to consolidate your EPF accounts and streamline your retirement savings. If you haven’t activated your UAN yet, now’s the time!
Tax-Saving Opportunities: Don’t Miss Out!
As the financial year draws to a close, it’s crucial to evaluate your tax-saving investments. The deadline for making contributions to eligible investment options, such as Public Provident Fund (PPF), Equity Linked Savings Scheme (ELSS), and National Pension System (NPS), is fast approaching. Ensure that you utilize these avenues to maximize your deductions under Section 80C of the Income Tax Act.
Remember, every rupee saved is a rupee earned, so don’t let procrastination cost you!
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Final Thoughts
To wrap it up, March is not just about spring cleaning; it’s also about financial housekeeping! Make sure you activate your UAN before the deadline and take advantage of tax-saving options before the end of the month. With Looffers.com, managing your finances can be a breeze, leaving you more time for the things you love. Happy saving!
