All income tax offices will remain open on March 29-31 (Saturday, Sunday and Monday) across the country to facilitate taxpayers in completing all their pending tax-related work for the ongoing financial year (FY2024-25), according to an official order from the Central Board of Direct Taxes (CBDT). This year’s Eid-al-Fitr festival, which marks the end of Muslim holy month of fasting ‘Ramadan’, falls on Monday, March 31.
The financial year ends on March 31, and before that, most people complete their financial and tax-related activities every year. Considering this, the tax department wants all income tax offices to remain open and conduct business normally.
“To facilitate completion of pending departmental work, all the Income Tax Offices throughout India shall remain open on 29th, 30th and 31st March, 2025,” the order said.
Also read: New Tax Rule: Govt to match your current ITR with previous year’s to find inconsistencies – Details here
Also, March 31 being the last day of FY2024-25, all government payments and settlements for the current financial year have to be completed by the last day. March 31 is also the last date for filing updated income tax returns (ITRs) for the last fiscal year or AY 2023-24.
RBI issues a similar directive for banks
The Reserve Bank of India (RBI) has also issued a similar directive for banks. The RBI, for the convenience of taxpayers, has asked banks that deal with government business to remain open on March 31.
The central bank also said that necessary arrangements have been made to conduct special clearing operations across the country to facilitate accounting of government receipts and payments in the current financial year itself.
Income tax changes from April 1
In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced a slew of changes pertaining to taxation framework in the country. These key changes will take effect from April 1, 2025.
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