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Budget 2023
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Seven Important Money Rules That have Changed in December

Matters concerning tax deadlines, increasing cost of credit card EMIs and rising term insurance premiums are some of the key considerations for this month.

December 10, 2021 / 11:23 AM IST
Representative image

Representative image

In December, there are several money matters for which the rules will change. Here are some key regulatory and operational changes that are likely to affect your financial life.

December 31 is the last date to file your income tax returns

The deadline to file your income-tax returns for the assessment year 2021-22 (financial year 2020-21) is December 31, 2021. But, it is better to start now if you haven’t filed the income tax returns till now. If you have missed reading Moneycontrol’s income-tax filing guide, we’ve put together the five most pertinent aspects of tax filing. We have also answered five frequently asked questions while filing income tax returns.

Term insurance premiums likely to rise from December