April 2026 YEAR START
Early Apr
Declare your tax regime to your employer. New regime is the default. Compare first: FY2026-27 guide with calculator.
Apr 1
Income Tax Act 2025 in force. New "Tax Year" terminology and redesigned forms apply from this year.
Apr 1–5
PPF deposit timing: deposit before the 5th to earn that month's interest. A single April deposit maximises the year's interest.
All month
Start/step-up SIPs for the new year. Annual increment received? Consider a step-up SIP.
May 2026
May 31
Form 16 issuance window opens — employers must issue by 15 June for FY2025-26.
All month
Collect interest certificates from banks and home-loan statements for ITR filing.
June 2026 ADVANCE TAX
Jun 15
Advance tax instalment 1 (15%) for FY2026-27 — applies if your tax not covered by TDS exceeds ₹10,000 (freelance/rent/capital-gains income).
Jun 15
Form 16 deadline — your employer must hand over FY2025-26 Form 16 by today.
July 2026 ITR SEASON
Jul 31
ITR due date for FY2025-26 (ITR-1/ITR-2, salaried). File early — refunds process faster and the portal is slower near the deadline.
August 2026
Aug 31
ITR due (ITR-3/ITR-4) for non-audit business and professional income, FY2025-26.
September 2026 ADVANCE TAX
Sep 15
Advance tax instalment 2 — 45% cumulative.
October – November 2026
Oct
Festival bonus? Consider lumpsum investing or pre-paying high-interest debt before lifestyle spends.
Nov
Mid-year portfolio review: rebalance if equity allocation drifted; verify nominee details on all folios.
December 2026 ADVANCE TAX
Dec 15
Advance tax instalment 3 — 75% cumulative.
Dec 31
Belated/revised ITR deadline for FY2025-26 (with late fee).
January 2027
Jan
Old-regime users: proof submission window at most employers. Verify your 80C/80D/HRA proofs match your April declaration to avoid a Q4 TDS spike.
February – March 2027 YEAR END
Feb 1
Union Budget 2027 — note announcements affecting FY2027-28.
Mar 15
Advance tax instalment 4 — 100%.
Mar 31
Last day for FY2026-27 tax-saving investments (old regime), PPF/SSY minimum deposits (₹500 / ₹250) to keep accounts active, and NPS contributions for the year.
📋 Note: Dates reflect rules as understood in June 2026 and can change via CBDT notifications — always verify near the deadline. This calendar is educational, not tax advice; consult a Chartered Accountant for your specific situation. Eswari Guduru (ARN-309076) is an AMFI Registered Mutual Fund Distributor, not a tax adviser or SEBI Registered Investment Adviser.