In September 2023, there are several financial changes that will come into effect in India. Here are the key changes:

1. Execution-only platforms for investing in direct mutual fund schemes: The Securities and Exchange Board of India (SEBI) has introduced a regulatory framework for execution-only platforms for direct plans of mutual fund schemes. This will make it more convenient for investors to invest in direct plans and also provide appropriate investor protection mechanisms.

2. Exchange of Rs 2,000 notes: The Reserve Bank of India (RBI) has set September 30, 2023, as the last date to exchange or deposit the discontinued Rs 2,000 banknotes. After this date, the notes will continue to be accepted as legal tender but will not be able to be exchanged.

3. Second installment of advance tax: The second installment of advance tax for the fiscal year 2023-2024 must be paid by September 15, 2023.

4. Free Aadhaar update: The Unique Identification Authority of India (UIDAI) has extended the deadline for free Aadhaar card updates to September 14, 2023. After this date, the update will be chargeable.

5. SEBI nomination deadline for demat and trading accounts: The deadline for existing eligible trading and demat account holders to nominate a beneficiary for their accounts has been extended to September 30, 2023. This will ensure that account holders have designated nominees for their accounts.

These financial changes will have an impact on individuals and investors, and it is important to be aware of the deadlines and requirements to manage personal finances effectively.