It is important to keep a track of these financial tasks otherwise you might have regrets in 2020. Belated ITR filing: If you are one of those few who missed the August 31 last date for filing of income tax returns (ITR), you can do it anytime in this financial year by filing a belated ITR. EMV chip debit cards: Those with a Magnetic Stripe Debit Card will not be able to use it after December 31. The Reserve Bank of India (RBI) has mandated the use of EMV Chip and PIN-based debit cards. Advance taxes: Although the last date for paying of third installment of advance tax for the assessment year 2020-21 was December 15, the income tax department has extended the last date for filing advance income tax return by a fortnight to December 31 for northeastern states.

Source: Mint December 30, 2019 04:30 UTC