Apart from this, there are some works, whose deadline will end today. Some new rules will come into effect from August, which will either affect your pocket, or some such deadlines will have passed, for which you will only have the option of regretting. Below you can read for which works are getting the last chance today.

Last date to file ITR

Today is July 31, the last date for filing income tax return for the assessment year 2023-24. Till noon on July 31, 6.13 crore ITRs have been filed. Just till date, more than 11 lakh tax returns have been filed. In such a situation, ITRs are being filed quickly at the last moment.

Fill ITR quickly

If you have not yet filed your ITR, then you should do so immediately, otherwise you may have to pay a fine of up to Rs 5,000. Late filing attracts a fine of Rs 5,000. At the same time, taxpayers whose income is less than 5 lakhs, they have to pay a fine of Rs 1,000 for late filing.

Prime Minister Crop Insurance Scheme Registration

A big crop insurance scheme is run by the Modi government for the farmers – Pradhan Mantri Fasal Bima Yojana. Under this scheme, the government provides financial assistance to the farmers in case of loss of their crops. But for this first they have to register for crop insurance scheme. However, today i.e. July 31, 2023 is the last date for registration.

Ministry of Agriculture appealed

Giving information about the deadline in a tweet today, the Ministry of Agriculture said, “Get your crops insured under the Pradhan Mantri Fasal Bima Yojana, and get complete protection from natural calamities! All farmer brothers and sisters should get their crops insured soon. Insurance Registration The last date is 31 July 2023.”

How to register for Pradhan Mantri Fasal Bima Yojana?

You can get your crops insured online under this scheme by visiting the official website- https://pmfby.gov.in/. On the other hand, farmers having Kisan Credit Card can contact their bank branch and get registered under Crop Insurance Scheme. Apart from this, registration can also be done by taking information from the Public Service Center (CSC Center) or from the Agriculture Officer of your district. The toll free number of Kisan Call Center is 18001801551, information can be obtained by calling on this also.

Last date of admission in IGNOU

Candidates desirous of taking admission for online, regular or distance learning under Indira Gandhi National Open University (IGNOU) also have the last chance to register and submit admission applications today. IGNOU has given a deadline of July 31 for fresh admission and re-registration. Candidates can register by visiting ignou.ac.in or ignouadmission.samarth.edu.in.

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1- House Rent Allowance

House Rent Allowance i.e. House Rent Allowance is given by most of the companies to their employees. It ranges from 40-50% of your basic salary. When you file ITR, you get exemption from income tax on the amount of house rent allowance. In such a situation, if your company does not give house rent allowance, then definitely talk to the HR of the company, so that you can save tax.

2- Travel or conveyance allowance

Transport allowance or travel allowance or conveyance allowance, by many names, covers your traveling expenses. The company gives you this allowance for commuting from home to office. Although this allowance is also a part of your salary, but if you take it as an allowance, then you can get tax exemption on it. Not only this, some companies give conveyance allowance as reimbursement. In such a situation, far from being taxed on this money, it is not included in your salary for tax deduction.

3- Food Coupons

Food Coupons or Meal Vouchers or Sodexo Coupons are given like conveyance allowance, under which you can get coupons up to Rs.100 per day. Now there is also a facility to send money directly to Paytm Food Wallet. The good thing about these coupons is that they are given to you in the form of reimbursement. That is, the company gives you 100 rupees for food twice a day at the rate of 50 rupees per mile. In this way you can make a profit of Rs 26,400.

4- Car Maintenance Allowance

There are some companies that even give car maintenance allowance to their employees. Under this, the employee is given the maintenance of the car, the cost of its diesel or petrol and even the salary of the driver. Under this, employees can get a discount from Rs 2700 to Rs 3300 per month. If seen, this amount is very less compared to the actual cost of car maintenance, but with the help of this allowance, you get an opportunity to save tax on some of your extra salary.

5- Leave Travel Allowance

Many companies give leave travel allowance to their employees. You can also take advantage of this while filing ITR. Under this, you are given an allowance to go somewhere. You can go on a long tour twice in four years. You will get tax exemption up to a certain limit on the cost of this tour. This limit can be as much as your leave travel allowance. So now you should also plan to travel, but first talk to HR and add leave travel allowance in your salary.

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