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5 key financial deadlines and rule changes in July 2024

As June ends and July approaches, stay updated on significant financial deadlines and regulatory changes. Key updates include Paytm Wallets closure, SBI Card reward points rules, ICICI Bank fee revisions, ITR filing deadline, and PNB Rupay Platinum Debit Card benefits.

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Soumya Prakash Pradhan
Financial Deadlines

5 key financial deadlines and rule changes in July 2024

As June comes to a close and July approaches, it is important to stay updated on upcoming financial deadlines and regulatory changes.

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Here's a look at five significant money-related updates and deadlines in July:

Paytm Wallets

Paytm Payments Bank will close inactive wallets with zero transactions for over a year starting July 20, 2024.

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SBI Card Credit Card Rules

Certain SBI credit cards will stop earning reward points on government transactions from July 1, 2024. This change will apply fully from July 15, 2024.

ICICI Bank Credit Card Charges

Starting July 1, 2024, ICICI Bank will revise several credit card fees, including increasing the card replacement fee to Rs 200 (excluding Emerald Private Metal Credit Card).

ITR Deadline

The deadline for filing Income Tax Returns (ITR) for the fiscal year 2023-24 (AY 2024-25) is July 31, 2024. Late filings can be done by December 31, 2024.

PNB Rupay Platinum Debit Card

PNB Bank has updated the lounge access benefits for Rupay Platinum Debit Cards, effective from July 1, 2024. This includes 1 domestic airport/railway lounge access per quarter and 2 international airport lounge accesses per year.

Keeping track of these changes will help you manage your finances effectively in the coming month.

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