India's gross GST collections for February 2025 increased by 9.1%, amounting to approximately ₹1.84 lakh crore. This growth reflects a 10.2% rise in domestic revenues and a 5.4% increase in imports.
Staying informed about tax deadlines is crucial for taxpayers to ensure compliance and avoid penalties. Below is a comprehensive overview of the important tax due dates for March 2025 and insights into the recent Goods and Services Tax ( GST) collections.
March 2, 2025; Challan-Cum-Statement for January
Deadline: This date marks the due date for furnishing the challan-cum-statement ok respect of tax deducted under Section 194AM for January 2025.
March 7, 2025: TDS and TCS Deposit
Taxpayers are required to deposit Tax Deducted at Source (TCS) for February 2025 by this date. Government offices paying without a Chalna must deposit on the same day as the deduction.
March 15, 2025; advance tax payers
Fourth installment of advance tax: This is the due date for the fourth installment of advance tax for the assessment year (AY) 2025-26.
Full payment for presumptive taxation:
Taxpayers under the presumptive taxation scheme (sections 44AD/44ADA) are required to make the full payment of advocate tax for the Annual year 2025-26 by this date.
March 17, 2025
due date for the issuance of TDS certified for tax deducted under section 194-IA in January 2025.
March 30, 2025; challan-cum-statement for February
Deadline: The due date for furnishing the challan-cum-statement in respect of tax deducted under Section 194M for February 2025.
March 31, 2025; Country-by-Country Report
Deadline: due date for filling the country-by-country report in form No. 3CEAD for the previous year 2023-24 by a parent entity or the alternate reporting entity, resident in India, in respect of the international group of which it is a constituent.