New Delhi: Investors and members of the public should remain aware of the key financial rule changes that may kick in from next month. With November 2024 nearing its end, new deadlines related to financial instruments such as bank FDs and identity instruments such as Aadhaar may kick in from December 2024.
Here’s all you need to know about money rules revisions from next month:
Free Aadhaar update
The last date for a free Aadhaar update is December 14, 2024. After this date, Aadhaar changes will be payable at Rs 50 per change. Cardholders can apply online for these changes. However, a visit to the Aadhaar Centre still costs Rs 50.
Bank of Baroda Utsav FD
Bank of Baroda’s Utsav FD offers special FD rates on a particular tenure. BoB Utsav FD is offered on tenures of 300, 375, 44 and 700 days. Senior citizens can earn up to 0.50 per cent extra on each of these tenures. These FD rates will be available only until December 31, 2024.
| S. No. | Tenures (in days) | FD rate (in %) |
| 1 | 300 | 7.05* |
| 2 | 375 | 7.25* |
| 3 | 444 | 7.35* |
| 4 | 700 | 7.20* |
Punjab and Sind Bank FD rates
Punjab & Sind Bank special FD rates with a tenure of 333 days that earn up to 7.20 per cent returns will be available only until December 31, 2024.
AU Small Finance Finance Bank credit card rules
AU Small Finance Bank’s Ixigo AU credit card reward point rules will be updated effective December 22, 2024.
Cardholders will not be able to accrue points on this card for the following transactions:
- Educational payments
- Government payments
- BBPS payments
The FX markup on overseas transactions will be enabled from December 23, 2024, based on reward point deduction, the bank said.
Axis Bank credit card rules
Axis Bank credit card rules will change for its cobranded card with Airtel. Finance charges had been revised to 3.75 per cent from 3.6 per cent. Auto debit reversal will be penalised at Rs 500, compared to Rs 450 at present. The Rs 1,500 cap on such penalty will be removed from December 20, 2024. Cash payment fee will be revised to Rs175 from Rs 100.
Late ITR filing deadline
The last date for delayed ITR filing falls on December 31, 2024. TO be sure, late tax filing is liable to invite a Rs 5,000 penalty. However, this penalty is lower at Rs 1,000 for taxpayers whose annual income is less than or equal to Rs 5 lakh, according to the I-T Act.
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