Neha Nagar's April Alert: 5 Financial Must-Dos to Kickstart the Month

Based on the recent trending and buzzing reel of Neha Nagar online, she has been long forecasting the 5 To-Do things that are strongly mandatory immediately after 1st April.

Otherwise, citizens can possibly face a lot of negative outcomes, including a massive loss, and these 5 crucial things mentioned briefly by her are:

1. Update Your UPI Mobile Number

If your UPI account is linked to an inactive mobile number, always make sure to update it with your bank. Failing to do so can result in your UPI ID becoming non-active, possibly affecting your ability to make further transactions.

2. Link Aadhaar to PAN

If you haven't yet linked your Aadhaar with your PAN, it's very crucial to complete the process. Not linking these documents can highly result in losing out on the dividend income, and you might face some reduced TDS, leading to some strong financial complications.

3. Check Bank Rule Changes

Major banks such as SBI, PNB, and Canara Bank have already updated their minimum balance rules. Hence, always visit your bank to learn about the new regulations to avoid the unexpected penalty hassle and highly ensure that you meet the minimum balance criteria.

4. Book Hotel Rooms Smartly

When planning a trip, always remember to book hotel rooms priced under ₹7,500. Rooms costing more than this will hugely attract an 18% GST on restaurant bills, as compared to the usual 5%. This small step can efficiently help you to save significantly on your stays.

5. Complete KYC and Nominee Verification

From April 1st, KYC updates for the Mutual Fund and Demat accounts have become mandatory. Additionally, nominee re-verification is very crucial. Neglecting these can highly lead to the account blockage, disrupting your overall financial planning.

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A post shared by Neha Nagar | Filmy Finance (@iamnehanagar)

Staying proactive with these financial updates will always help you to avoid unnecessary problems and potential losses. As Neha Nagar rightly points out, being prepared for these changes will truly safeguard your overall financial well-being.

Follow these steps right now to secure your finances, and share this article with all to spread awareness!

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