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Key Money Deadlines Ending on December 31, 2023 and Extensions

Key Money Deadlines Ending on December 31, 2023 and Extensions

A comprehensive list of money-related deadlines scheduled to end on December 31, 2023, along with information about which deadlines have been extended. It covers various financial deadlines, including bank locker agreements, belated income tax return (ITR) filing, UPI services, special fixed deposit schemes, KYC processes, home loan concessions, special fixed deposits, demat and nomination deadlines, and Aadhaar card updates.

Key Takeaways:

  1. Bank locker agreement deadline: Not extended
  2. Last date to file belated ITR: Not extended
  3. Inactive UPI services: Not extended
  4. Indian Bank special fixed deposit deadline: Not extended
  5. No paper-based KYC for SIM cards: Not extended
  6. SBI Amrit Kalash special fixed deposit scheme: Extended till March 31, 2024
  7. SBI home loan concession: Extended till January 31, 2024
  8. IDBI Bank special FD deadlines: Extended till March 31, 2024
  9. Demat and nomination deadline: Extended till June 30, 2024
  10. Aadhaar card update deadline: Extended till March 14, 2024


Here is a list of money-related deadlines scheduled for December 31, 2023, and whether they have been extended:


The deadlines for Bank locker agreement, Last date to file belated ITR, Inactive UPI, and Indian Bank have not been extended. However, the deadlines for SBI Amrit Kalash, SBI home loan concession, IDBI Bank special FD, Demat and Nomination deadline, and Aadhaar card update deadline have been extended.

FAQ

Q1: Which money deadlines have been extended?

A1: Several money deadlines have been extended, including the SBI Amrit Kalash special fixed deposit scheme, SBI home loan concession, IDBI Bank special FD deadlines, demat and nomination deadline, and Aadhaar card update deadline.


Q2: What is the deadline for the bank locker agreement?

A2: The deadline for signing a new bank locker agreement set by the Reserve Bank of India (RBI) is December 31, 2023, and it has not been extended.


Q3: Is the last date to file belated ITR extended?

A3: No, the last date to file belated income tax returns (ITR) according to Section 139(4) of the Income-tax Act of 1961 is December 31, 2023, and it has not been extended.


Q4: Are there any changes to the UPI services deadline?

A4: The deadline for discontinuing UPI services for accounts that have been dormant for more than a year is December 31, 2023, and it has not been extended.


Q5: What are the extended deadlines for special financial schemes?

A5: The SBI Amrit Kalash special fixed deposit scheme, SBI home loan concession, and IDBI Bank special FD deadlines have been extended.


Q6: Is there an extension for the Aadhaar card update deadline?

A6: Yes, the Unique Identification Authority of India (UIDAI) has extended the deadline for updating Aadhaar cards for free till March 14, 2024.