this
obd2 trouble code table can help you understand the meaning of code.
and for p040,you can try:
Check for exhaust leaks at the manifold, pipes, catalytic converter. Repair as required.
Use a scope to diagnose the oxygen sensor operation (Tip: The oxygen sensor in front of the catalytic converter normally has a fluctuating waveform. The waveform of the sensor behind the converter should be more steady).
Inspect the downstream heated oxygen sensor (HO2), replace if necessary
Replace the catalytic converter
for p0306, you can try
If there are no symptoms, the simplest thing to do is to reset the code and see if it comes back.
If there are symptoms such as the engine is stumbling or hesitating, check all wiring and connectors that lead to the cylinders (i.e. spark plugs). Depending on how long the ignition components have been in the car, it may be a good idea to replace them as part of your regular maintenance schedule. I would suggest spark plugs, spark plug wires, distributor cap, and rotor (if applicable). Otherwise, check the coils (a.k.a. coil packs). In some cases, the catalytic converter has gone bad. If you smell rotten eggs in the exhaust, your cat converter needs to be replaced. I've also heard in other cases the problems were faulty fuel injectors.
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