As the financial year draws to a close, it becomes imperative for businesses, tax professionals, and individuals to stay proactive in fulfilling their compliance obligations. Meeting tax, GST, and labor law deadlines not only ensures seamless operations but also helps avoid penalties and legal consequences. This post provides a detailed breakdown of key statutory deadlines for March 2025, covering Income Tax, GST, Provident Fund, ESI, Labor Cess, Leave Encashment, and Gratuity compliance.
Statutory Compliance Calendar for March 2025
Table 1: Monthly Compliance Obligations – March 2025
| Due Date | Compliance Area | Description | Form Name |
|---|---|---|---|
| 7-Mar-2025 | Income Tax (TDS/TCS) | Deposit of TDS/TCS for February 2025. Government offices must deposit without an Income-tax Challan on the same day. | Not Applicable |
| 15-Mar-2025 | Income Tax (Advance Tax) | Fourth installment of advance tax for AY 2025-26. Full payment of advance tax for taxpayers under the presumptive taxation scheme (sections 44AD/44ADA). | Not Applicable |
| 15-Mar-2025 | Income Tax (Form 24G) | Submission of Form 24G by government offices for TDS/TCS deductions in February 2025 without a challan. | Form 24G |
| 17-Mar-2025 | Income Tax (TDS Certificate) | Issuance of TDS certificates for tax deducted in January 2025 under sections 194-IA, 194-IB, and 194S. | Form 16B, 16C, 16D |
| 20-Mar-2025 | GST (GSTR-3B) | Filing of GSTR-3B for February 2025 by taxpayers with an annual turnover of more than ₹5 crore. | GSTR-3B |
| 25-Mar-2025 | GST (PMT-06) | Payment of tax for February 2025 under PMT-06 by taxpayers under the QRMP scheme. | PMT-06 |
| 30-Mar-2025 | Income Tax (TDS Filing) | Due date for furnishing challan-cum-statement for tax deducted in February 2025 under sections 194-IA, 194-IB, 194M, and 194S. | Not Applicable |
| 31-Mar-2025 | Income Tax (Country-by-Country Report) | Filing of Country-By-Country Report (Form No. 3CEAD) for the previous year 2023-24 by the parent or alternate reporting entity resident in India. | Form 3CEAD |
| 31-Mar-2025 | Income Tax (Foreign Tax Credit) | Submission of Form 67 to claim foreign tax credit for income earned in the previous year 2022-23, provided the original return was filed within the specified time. | Form 67 |
| 31-Mar-2025 | Income Tax (Updated Return) | Filing of an updated return of income for AY 2022-23. | Not Applicable |
| 31-Mar-2025 | GST (Letter of Undertaking - LUT) | Filing of Letter of Undertaking (LUT) for FY 2025-26 to export goods/services without payment of IGST. | LUT |
| 31-Mar-2025 | GST (Composition Scheme) | Opting in for the Composition Scheme for FY 2025-26 by filing CMP-02. | CMP-02 |
| 31-Mar-2025 | GST (GTA Declaration) | File Annexure V or VI in case of GTA opting in or out from Reverse charge/Forward charge. | Annexure V/VI |
| 31-Mar-2025 | GST (QRMP Scheme) | Decision to opt in or out from QRMP scheme for the next financial year. | Not Applicable |
| 15-Mar-2025 | Provident Fund (EPF) | Payment of Provident Fund contribution for February 2025. | ECR |
| 15-Mar-2025 | Employees' State Insurance (ESI) | Payment of ESI contribution for February 2025. | Not Applicable |
| 31-Mar-2025 | Labor Cess | Payment of labor cess under the Building and Other Construction Workers Act. | Not Applicable |
| 31-Mar-2025 | Leave Encashment | Settlement of leave encashment liabilities for the financial year ending 2024-25. | Not Applicable |
| 31-Mar-2025 | Gratuity Payment | Gratuity settlement for employees who have completed their tenure and are eligible. | Not Applicable |
Conclusion:
Proactively adhering to statutory deadlines is crucial for businesses and individuals to remain compliant with Income Tax, GST, Provident Fund, ESI, and labor law regulations. This compliance calendar for March 2025 outlines the key deadlines, ensuring you stay ahead of obligations and avoid penalties. Mark these dates in your calendar and complete all filings and payments on time for a hassle-free compliance experience.
