Race against time to meet seven key deadlines which expire on March 31 starts today

livemint.com:

As the financial year 2023-24 is set to draw to a close in a matter of few days, there are a raft of personal finance deadlines that you may want to apprise yourself of.

Did you know that the last date to file an updated income tax return (ITR) for the assessment year 2021-22 is March 31, 2024? Likewise, you will not be entitled to claim tax exemptionif you happen to invest in a financial instrument such as PPF, NPS or tax saving FD after the month culminates.

Additionally, State Bank of India (SBI) will stop offering a higher interest rate on its special fixed deposit scheme — Amrit Kalash, nor will it offer discounted interest rates on home loans after this date.

Besides, the state lender has revised the debit card charges which will come into force from April 1, 2024. All in all, a range of personal finance changes will come into effect from April 1, 2024 onwards. Here we give these lowdown on these changes:

These are the seven key deadlines that you should be aware of:

1 SBI special fixed deposit scheme: The State Bank of India introduced a limited-tenure deposit scheme known as Amrit Kalash and We-care.

We-care deposit scheme is meant for senior citizens. The minimum tenure of the FD is 5 years and the maximum tenure is 10 years. The interest rate offered on this FD is 7.5 percent per annum.

Amrit Kalash deposit scheme is an FD for 400 days and the interest rate offered on this FD is 7.10 percent per annum. The senior citizens will be entitled to get an extra 50 basis on this rate i.e., 7.6 percent.

2 Home loan special rates: SBI is offering the campaign interest rates between Jan 1 and March 31 that offers a concession of anywhere between 65 basis points to 75 basis points.

For instance, those borrowers with CIBIL