BUSINESS

Personal finance changes this September

By Dwaipayan Roy

1

Update #1

RBI has declared that September 30 will be the final day to exchange and deposit withdrawn Rs. 2,000 banknotes. However, these notes will still be accepted as legal tender beyond this date.

2

Update #2

The second advance tax installment for assessment year 2024-25 has to be paid by September 15. It is paid in four installments, and 15% of the total tax liability should be paid by June 15.

3

Update #3

The deadline for free Aadhaar updates is approaching, with September 14, 2023, being the last day to make any changes without incurring charges. After this date, updates will come with a fee.

4

Update #4

The Securities and Exchange Board of India (SEBI) has mandated that all demat and trading account holders in India will require a nominee by September 30 this year.

5

Update #5

Axis Bank is set to implement significant changes to its Magnus credit card rewards program starting today. The adjustments include alterations to the reward point values.

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