Things to Do Before 31st March
It is the end of the financial year for us here in India which means a lot of hectic lifestyle as well as but with all the things going around there are a few things that you need to keep in mind if you are from India as you might have forgotten these small things.
NOMINEES
If you are a person who regularly Invest or Trade in Stocks and Mutual Funds then it is necessary to include a Nominee for all your Stocks or Mutual Fund Holdings. Personally I had my Mom as my Nominee for my Mutual Fund Holdings but I still had no Nominee for my Stock Holdings so yeah I was one of the people who could have been affected by this. As if you do not add a Nominee to your Stock and Mutual Fund Holdings then your Trading account may be frozen. So yeah you better add some NOMINEE soon.
LINKING PAN AND AADHAR
PAN Card and AADHAR Card are two important documents for us Indians where one Card relates to out Identity and the other showcases our Finances. It was earlier made public that Linking Aadhar and PAN was mandatory but the last date to do so was just being extended indefinitely but now if you don't link your PAN and Aadhar then your PAN card may become obsolete which means no Tax Filing, no TDS and many more other important things that you need to be an Ideal Citizen of India.
