July 2025 Tax Compliance Calendar: Vital Deadlines for Indian Taxpayers

 

📣 Introduction

July marks a pivotal month in India’s tax calendar. Amid the CBDT’s extension of the Income Tax Return (ITR) filing deadline to September 15, several critical dues still fall in July. From self‑assessment tax, TDS/TCS deposits and returns, to GST filings, businesses and individuals need to stay vigilant. This guide breaks down all due dates, explains why they matter, and offers practical tips to help you stay compliant and stress‑free.

🗓️ Key July 2025 Deadlines at a Glance

Date	Type of Filing / Payment	Who Must Comply
July 7	TDS/TCS payment for June 2025	All deductors/collectors
July 10	GSTR‑7, GSTR‑8 for June 2025 (GST‑TDS, TCS)	GST deductors and e-commerce operators
July 11	GSTR‑1 for June 2025 (monthly filers)	Monthly GST‑registered businesses
July 15

• PF & ESI payment for June<br>- TCS Q1 (Form 27EQ)<br>- GSTR‑3B for QRMP Group 1 States | Employers, Q1 TCS collectors, QRMP filers |
  | July 22 / 24| GSTR‑3B for QRMP Group 1 / 2 for Apr–Jun 2025 | QRMP taxpayers |
  | July 31 |

• Quarterly TDS returns (Form 24Q/26Q) for Apr–Jun<br>- Self‑Assessment Tax payment<br>- PF & ESIC returns.<br>- ITR return (optional filing start) | Salaried, professionals, deductors |

🔍 In-Depth Deadline Briefs

1. TDS & TCS Deposits – Jul 7

• What: Deposit TDS/TCS deducted in June.

• Why: To avoid penalty + interest under Sec 201 & 234B.

• Tip: Ensure E‑challan is used and copy saved.

2. GST Filing – Jul 10, 11, 15, 22, 24

• GSTR‑7 (10th): For GST deductors (TDS).

• GSTR‑8 (10th): For e-commerce operators (TCS).

• GSTR‑1 (11th, monthly): Declare outward supplies.

• GSTR‑3B Q‑scheme (15th/22nd/24th):

  • Group‑1: 15th

  • Group‑2: 24th

• Tip: File returns on time to avoid late fee (₹50/day under CGST/SGST).

3. PF & ESIC – Jul 15 & 31

• Payment & Return for June by 15th.

• PF & ESIC returns: PF 5/10 and E‑SI monthly submissions by 31st.

• Tip: Missing deadlines may lead to interest and labor fines.

4. TCS Return – Jul 15

• Form 27EQ, Q1

• Tip: Coordinate with finance team to ensure quarterly compliance.

5. Quarterly TDS Return – Jul 31

• Form 24Q (salaries) & 26Q (non‑salary)

• Tip: Reconcile Form 26AS with deducted amounts to prevent mismatches.

6. Self‑Assessment Tax – Jul 31

• What: Settlement of outstanding tax before ITR filing.

• Note: Penalty applies only if payment is after Sep 15, per extension moneycontrol.com+14m.economictimes.com+14timesofindia.indiatimes.com+14ebizfiling.comindiafilings.com.

• Tip: Use challan 281 with correct AY code to avoid SCR locking.

7. ITR Filing Window Opens – Jul 31

• New deadline: September 15 .

• Premium tip: File early to benefit from updated ITR‑1 (LTCG up to ₹1.25 L) economictimes.indiatimes.com+1timesofindia.indiatimes.com+1.

• Tip: Opt for pre-filled ITR to save time and reduce errors.

📈 Practical Examples & Stats

• Case 1: Salaried professional Mr. Sharma deducts ₹50,000 TDS in June. Depositing by July 7 and submitting 24Q by July 31 helps avoid a ₹2,000 + interest penalty.

• Case 2: As a QRMP filer, timely GSTR‑3B and GSTR‑1 ensures ₹10–₹50/day savings in late fees.

• Case 3: Overlooks S‑A tax payment until Aug. 5 → Pays interest (+1%/month) from July 31 until date of deposit.

📊 Stat: Around 30% of penalties in July arise from missed TDS deposits and GST filing delays.

✅ Compliance Checklist

• [x] Deposit June’s TDS/TCS (by Jul 7)

• [x] File GSTR‑7 & GSTR‑8 (by Jul 10)

• [x] GSTR‑1 monthly return (by Jul 11)

• [x] PF/ESI payment and filings (by 15 & 31 July)

• [x] File GSTR‑3B (QRMP: 15/22/24 July)

• [x] Submit TCS Q1 return (by Jul 15)

• [x] File TDS 24Q/26Q (by Jul 31)

• [x] Deposit self assessment tax (by Jul 31)

• [x] Begin ITR preparation (now until Sep 15)

🧠 Pro Tips for Stress-Free Filing

1. Use automated compliance software to set reminders and track due dates.

2. Reconcile PAN/TAN data between payroll and ESIC/PF statements monthly.

3. Save digital copies of all challans and acknowledgement immediately after payment.

4. Stay updated on rule changes via reliable sources like EY or CBDT press notes 

5. Plan ahead: Early tax planning in July helps manage liability and maximize refunds.

🔚 Conclusion

July 2025 is dense with compliance obligations: TDS/TCS deposits, GST filings, PF/ESI, TCS submissions, and crucially, self‑assessment tax. With the ITR deadline extended to September 15, taxpayers have breathing space—but will benefit from proactive planning. A structured calendar, reminders, and early filing can prevent penalties and simplify the process.

❓ FAQs

Q1: Has the self‑assessment tax deadline been extended?
A: Yes—under the extended ITR timeline, payment by Sep 15 avoids interest under Sec 234A. However, interest for late payment under Sections 234B/C may still apply 

Q2: Why is ITR due date delayed?
A: CBDT extended the date due to structural ITR form revisions and technical preparation needs 

Q3: What if I miss GSTR‑7 or 1 filing?
A: There’s a late fee of ₹50/day under CGST and same under SGST. In case of TDS defaults, matched interest under Sec 50 applies.

Q4: Do NRIs get the ITR extension too?
A: Yes—NRIs, salaried employees, and pensioners benefit from the new Sep 15 deadline 

Q5: Can I file ITR before July 31?
A: Absolutely! Early filing helps address errors and avoid last-minute portal congestion. You can take advantage of enhanced pre-fill features.

📞 Get Expert Help

Need support with self‑assessment tax, TDS reconciliation, or ITR filing? Contact Manika FinTax Solutions today for personalized, paid assistance. Our experienced team ensures 100% compliance and peace of mind.

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