Attention EPFO & ITR Customers! Complete These 3 Important Tasks Before March 31

The deadline for several crucial financial tasks is fast approaching, and if you haven’t completed them yet, now is the time. From filing an updated ITR to UAN activation for EPFO, missing these deadlines can lead to penalties or loss of benefits.

Let’s take a look at the 3 key tasks that must be completed before the end of March 2025.

1️⃣ File Updated ITR (ITR-U) Before March 31

💡 Why It’s Important?
The Income Tax Department has set March 31, 2025, as the last date for filing an Updated Income Tax Return (ITR-U) for FY 2022-23.

📌 Who Needs to File?

• Taxpayers who made mistakes while filing their ITR.
• Those who missed declaring any income in their original ITR.
• Anyone needing to correct discrepancies in their previous tax return.

⚠️ Procrastinating can lead to penalties! So, don’t wait until the last day—file your updated ITR as soon as possible.

2️⃣ Invest in Tax-Saving Schemes Before March 31

💡 Why It’s Important?
If you want to reduce your tax liability and claim deductions, you have until March 31, 2025, to invest in tax-saving schemes.

📌 Best Investment Options for Tax Saving:
✔️ Public Provident Fund (PPF)
✔️ National Savings Certificate (NSC)
✔️ Sukanya Samriddhi Yojana (SSY)
✔️ National Pension Scheme (NPS)

💰 Under the Income Tax Act, you can get tax benefits under:
🔹 Section 80C – Deduction up to ₹1.5 lakh.
🔹 Section 80D – Tax benefit on health insurance premiums.
🔹 Section 80CCD(1B) – Additional ₹50,000 deduction on NPS.

⚠️ If you’re following the old tax regime, tax-saving investments are mandatory to claim deductions.

3️⃣ Activate Your UAN for EPFO Before March 15

💡 Why It’s Important?
The Universal Account Number (UAN) is essential for managing your PF (Provident Fund) account. The new deadline for UAN activation and linking it with Aadhaar and bank account is March 15, 2025.

📌 Why Should You Activate UAN?
✔️ Access online EPFO services easily.
✔️ Track your PF contributions in real-time.
✔️ Withdraw or transfer your PF balance without hassle.

⚠️ Miss the deadline? You may face delays in accessing your PF funds or other EPFO services.

🔔 Don’t Wait – Act Now!

All three tasks have strict deadlines that are unlikely to be extended further. Take action now to avoid penalties and ensure smooth financial management.

✅ File your updated ITR
✅ Make tax-saving investments
✅ Activate your UAN & link Aadhaar with your PF account

For more details, visit the official Income Tax and EPFO websites.