31 March Deadline: आज आखिरी मौका, टैक्स से निवेश तक… फटाफट निपटा लें ये 5 काम
Fifth task: Tax regime selection and AIS verification
The next important task is to choose the right tax regime for you. The old tax regime included many deductions, while the new tax regime has limited exemptions with the tax rate being low. Apart from this, verification of AIS and Form-26AS is also required, which provide a consolidated record of financial transactions, which includes interest income, dividends and other high value transactions. It is important to check these, if there is a mistake, a tax notice may be issued or you may have to face delay in refund.