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In a move to facilitate taxpayers with their year-end filings, the Central Board of Direct Taxes (CBDT) has announced that all Income Tax department offices across India will remain open from March 29 to March 31, 2025. This decision ensures that taxpayers can complete their pending tax-related work smoothly, despite the weekend and the possibility of Eid-al-Fitr coinciding with Monday, March 31[1][2][3].
The end of the financial year, falling on March 31, is crucial for taxpayers as it marks the deadline for several important financial tasks:
In a complementary move, the Reserve Bank of India (RBI) has instructed banks involved in government business to remain open on March 31, enhancing convenience for taxpayers. Additionally, special clearing operations have been arranged to ensure that all government receipts and payments are accounted for within the current fiscal year[1][4].
The decision to keep Income Tax offices open during this critical period offers several benefits to taxpayers:
The Union Budget 2025-26 introduced several key changes to the taxation framework, effective from April 1, 2025. These reforms aim to streamline tax processes and align them with modern economic needs. As these changes come into effect, taxpayers should be aware of the new regulations to avoid any compliance issues in the future[3].
Here are the essential details regarding the extended working hours of Income Tax department offices:
As the financial year comes to a close, taxpayers must leverage these extended hours to wrap up any outstanding tax-related matters efficiently.
The CBDT's decision to keep Income Tax offices open from March 29 to March 31 reflects a proactive approach to supporting taxpayers during a critical period. Coupled with the RBI's directive for banks, this move will help ensure a smooth transition into the new fiscal year and facilitate timely compliance with tax obligations.
