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FY26 Personal Finance Calendar: Key Dates And Deadlines To Follow
- In FY26, key dates and deadlines for personal finance include evaluating tax plans and insurance, comparing tax regimes, and consulting financial advisors for tax-friendly investments.
- During April 2025, review budget, set objectives, update insurance plans, compare tax regimes, plan investments, and consider drafting a will.
- For May 2025, gather tax documents early and obtain Form 16 for a smooth tax filing process.
- June 2025 involves paying the first advance tax installment and considering prepaying EMIs if you receive a bonus.
- By July 2025, submit ITRs to avoid fines for delays, especially for retail investors and exempt salaried individuals.
- In August 2025, commit to financial independence by ensuring sufficient investments, emergency funds, and reducing debt.
- September 2025 includes paying 45% of projected tax liability, adjusting investments, and starting festival budget planning.
- October 2025 advises being responsible during holidays, decluttering finances, avoiding unnecessary purchases, and focusing on savings.
- November 2025 suggests teaching children financial responsibility on Children's Day and emphasizing prudent spending habits.
- In December 2025, pay 75% of estimated tax liability, file any amended ITRs by the deadline, and plan for achievable financial goals in January 2026.
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