As the financial year 2025-26 concludes today, March 31, 2026, taxpayers and investors are racing against time. Missing these deadlines could lead to hefty fines, higher interest, or loss of tax benefits.

• Advance Tax Calculation: If your tax liability exceeds ₹10,000, ensure your advance tax is paid today to avoid interest under Section 234B/234C.
• Tax-Saving Investments: For those under the old tax regime, this is the final window to invest in PPF, ELSS, NSC, or Life Insurance. Don’t forget the additional ₹50,000 deduction available via NPS.
• Update New Employer: If you switched jobs this year, disclose your previous salary details to your current employer to ensure accurate TDS and avoid a massive tax bill during ITR filing.
• Keep Accounts Active: Deposit the minimum required amount in your PPF or Sukanya Samriddhi accounts immediately to prevent them from becoming dormant.
• MSME Payments & Capital Gains: Businesses must clear dues to MSMEs today to ensure tax deductibility. Also, review your portfolio for ‘Tax Loss Harvesting’ to offset gains against losses and lower your overall tax burden.

Check your checklist now—midnight is the cutoff!