July promises major financial updates, including the Union Budget and income-tax filing deadline.
Union Budget 2024 to be announced by Finance Minister Nirmala Sitharaman in July. Potential changes include increased tax exemption limits and deductions on medical expenses and health insurance.
Avoid last-minute rush: File income-tax returns for FY 2023-24 before July 31. Early filing helps avoid portal glitches and mistakes due to heavy traffic.
SEBI makes nomination optional for joint mutual fund portfolios from June 10. This move ensures investor convenience without freezing mutual fund portfolios and demat accounts.
Citi credit cards will become Axis Bank cards by July 15. Your card details remain unchanged. New benefits and reward balances accessible via Axis Bank platforms.