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Aadhaar linkage to demat KYC: Finish these compliance tasks before Dec 31

Failure to do so could result in penalties or lead to hassles later in financial planning

Aadhaar
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(Photo: Bloomberg)

Bindisha Sarang New Delhi
The last day of this calendar year - December 31 - is the deadline for completing a number of important financial tasks. If you leave them unfinished or push them to 2022, you may have to pay penalties and there could also be other repercussions on your finances.

Submission of life certificate

The deadline for pensioners to submit their life certificates was extended from November 30 to December 31. Life certificate, also known as Jeevan Pramaan, is an important document, especially for government retirees, which has to be presented annually to the authorised payees.

It provides verification that the pensioner is still alive.