7 Financial Checks You Must Do This December

Sign The Revised Locker Agreement

Sign a revised locker agreement & submit it to the bank if you have submitted a bank locker agreement on or before December 31, 2022.

Update Your Aadhaar  Card

If you want to update some information on your Aadhaar card, you can do it for free till December 14. After this date, updating will incur costs.

3rd Advance Tax Instalment

Advance taxpayers must pay their annual estimated advance tax liability in 4 instalments. 15 December is the deadline to pay 75% of the advance tax.

File Your Revised or Belated Returns

December 31, 2023, is the last day to file revised or belated returns if you haven't filed them by the original deadline of July 31, 2023.

Nomination for Existing Individual Investors

For investors with folios created before Jan 1, 2024, nominate or opt out by Dec 31 by submitting nominee details or providing an opt-out declaration.

Announcement of Repo Rate 

The RBI kept the repo rate at 6.5% in April, June, August, and October. It is uncertain whether it will stay same or increase in December to curb inflation.

Changes in HDFC Bank’s Regalia Credit Card

HDFC Bank changes lounge access for Regalia credit cards within India, effective December 1. You need to spend Rs 1 lac p.a. for the lounge access program.