I have completed the tasks before end of Financial year
Hello Everyone,
I am good and I hope that you are doing well. Today in this video I have talked about The financial year which is ending today as today is the last day for the current financial year and the new one will be starting from tomorrow which is going to be from first April 2023.
There are certain activities that should be done before the year and and I have done it all to avoid any issues later on. Even there are some exemption which are provided by the government and to make it considered in the year I have paid the outstanding payments for different utilities. These are mostly insurance payments and the benefit is provided for climbing the tax rebate and this is the reason why I have finished it all in the same financial years so that during the filing which will be done in June or July month I can claim it.
It is recommended to follow the guidelines and rules as prati government because it is not at all good thing if you miss something as things can create problems.
I hope that you will find the information helpful that I have shared through in this video and enjoyed the content that I shared in this.
Thank you so much for your time
Have a great day
▶️ 3Speak
That's awesome man !👍 Thank you for sharing your insights about the financial year-end and the importance of following guidelines and rules set by the government. It's great that you have taken care of all the necessary activities and payments before the year-end to avoid any issues later on. Your advice is helpful, and it's essential to stay organized and proactive in managing finances. Thanks for the informative video, and have a great day!
Year end is the time to get such things done on time to avoid any issues later on in the next financial year. I tried to finish all my such things to get done and now I am all set to start for the next financial year. Thank you so much for stopping by and sharing your valuable comment.
Hey @alokkumar121, it's awesome that you've wrapped up your financial tasks before the year's end.
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Glad to know that you're doing good work by supporting people and I will check out the community that you have shared. Thanks for your support.
Really it was a tough day as it was a last day of financial year. Since morning there was hustle and bustle over official group taking pmfs payment. Server issues was making employees frustrate. Very late at evening I taken a sigh of relief when I finished all my task within time .
It was good to hear that you pay all your insurance payments and taxes within time. This will definitely save you from huge Tax . Apart from this, small savings proves to be big capital for us. It is not just that we are completing our task but also it is a great contribution to impowering financial economy of our country.
Thanks for sharing such an useful information..
Have a splendid weekend bro.
The end of Financial is not so exciting for most of us like we do in the calender year end and people celebrate the day but still it's an important day for us to get many activities done on the day or even before if possible because things can create chaos if not dealt with attention on priority. Thank you so much for stopping by and sharing your valuable comment.
I think taking a loan is also helpful in tax saving. Right?
Yes if tax filings done on time with proper method then it helps to get the loan as it increases the profile weightage.
ok thanks
Hello dear, please don't mind me commenting here. I'm replying here in case you don't check the reply in the splinterlands challenge post.
Can you please check my comment there? Here's a direct link.
https://ecency.com/hive-13323/@splinterlands/splinterlands-weekly-curation-challange-march-28-2023#@frankevor/re-splinterlands-2023329t25554644z
Again I'm sorry that I brought that here. Please don't mind.
Please refrain doing this as my post has nothing to do with Curation.
This is a one time doing. I'm really sorry if you feel offended.
I see many replies in the curation post goes without response and that's why I commented here just to let you know I needed you somewhere.
I'm sorry again. :(
No worries buddy.
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Yes, you are right that to avoid the later problem, we should do our returns or whatever it is in time. As far as I understand this thing, if we pay our tax on time or before time or fill any return, then we get a lot of concession. Well I don't understand March 31st as closing day or financial year's last day.I remember it as this day that is contract breaking day (theka tutne wala din🤗). On this day some things are available at less than half the price maybe.
Yes paying taxes on time is very important as later we might get notice from tax department and this is not a gold thing. As a responsible citizen it's expected that we need to follow all the guidelines and do whatever is needed to avoid any issues later..
Hi there,
Glad to see that you have completed your financial tasks. A new financial year already started when I am writing this comment. Well, If I talk about the government's approach to the budget bill then I hope that something new and good will come out for the common public, and As a crypto community member, I am expecting relief regarding tax because I believe that it is a most important thing to do for government. Anyway, thank you so much for providing this update to us.
Taxation is a government related liability and I try not to miss anything because it may create issues later. I try to finish it on time every year and so far I have never had any issue in last few years.
You're right that as part of cryptocurrency community we expect the govt to reduce the tax percentage and there should also be some sort of tax slab. Hope it happens
Glad you filed your tax return at the end of the year. Paying taxes is an expression of love for your country. May Allah bless you with wealth. You gave the information in full detail. Very great