Aadhaar, practice reserving, ITR: New guidelines in impact from July 1

Filing earnings tax returns, HDFC, SBI, and ICICI banks’ bank card fees, Tatkal practice ticket bookings, making Aadhaar card obligatory for brand spanking new PAN candidates, are among the adjustments that can be come into impact from Jul 1, 2025.

Here is the whole checklist:

1. Extension of ITR submitting deadline

For this evaluation 12 months (2025-26), there was an extension for the deadline for submitting non-audit circumstances, i.e for salaried people submitting ITR-1 and ITR-4 to Sept 15, 2025. Self-assessment tax fee deadline stands at 31 July 2025.

Put throughout by Central Board of Direct Taxes (CBDT), this changed the sooner window which allowed submissions solely until July 31, with a purpose to accommodate structural adjustments and utility rollout delays.

2. Changes in HDFC, SBI, and ICICI banks’ bank cards

State Bank of India will discontinue the air accident insurance coverage, that it supplied when utilizing SBI Elite, Miles Elite, and Miles Prime, and different choose premium playing cards to buy air tickets. 

HDFC and ICICI Bank clients may also see revised fees on choose transactions.

For HDFC, a one per cent transaction charge (capped at ₹4,999 per transaction) can be utilized if the cardboard is used to pay lease or spend over ₹10,000 on on-line skill-based video games. Using a HDFC card for month-to-month utility funds which might be over ₹50,000 or loading over ₹10,000 right into a digital pockets in a single transaction, there can be an analogous transaction charge. The exception stands just for insurance coverage transactions.

ICICI Bank clients will see revisions to service fees, together with for ATM transactions. The first 5 transactions at ICICI Bank ATMs together with non-financial transactions will proceed to be free. After the free 5 transactions, customers can be charged ₹23 per transaction.

If non-bank ATMs are used, the variety of free transactions is three for metro cities and 5 in smaller ones. Above this, the financial institution would require a ₹23 and ₹8.5 per transaction, respectively.

For transactions on worldwide ATMs, ICICI financial institution will cost ₹125 per withdrawal, ₹25 for non-financial transactions, and a 3.5 p.c forex conversion charge.

For Axis Bank customers, out-of-network ATM withdrawals will now value ₹23 per transaction.

3. Tatkal practice bookings

Indian railways is enhancing the ticket reserving capability by upgrading the Passenger Reservation System (PRS), permitting over 1.5 lakh ticket bookings per minute.

The ticketing and reservation course of can also be being revamped, by advancing the preparation of the chart eight hours earlier than the practice’s departure.

This will cut back uncertainties for passengers with waitlist tickets. The passengers will get the primary replace on waitlist standing properly upfront.

4. Mandatory Aadhaar card for brand spanking new PAN candidates

The Central Board of Direct Taxes has made Aadhaar verification obligatory for all new PAN card functions. It additionally mandated Aadhaar quantity linking to PAN for current customers by December 31.

Any legitimate government-issued ID, comparable to a driving license, and a start certificates is required for these making use of for a brand new PAN card.

5. RBI extends name cash market hours

The Reserve Bank of India has prolonged its interbank name cash market buying and selling window from its earlier timing 9 am-5 pm to 9 am-7pm, efficient right this moment, including two hours every day for banks to borrow and lend funds.

6. GSTR-3B returns can’t be edited anymore

For the GST submitting residents, Goods and Services Tax Network (GSTN) will lock its GSTR-3B type now. Returns can be auto populated utilizing the information on GSTR-1/1A type and can’t be edited as soon as submitted.

7. Changes in on-line transaction charges

Charges for on-line transfers, i.e., through Immediate Payment Service (IMPS), have been revised from ₹2.5 to ₹15 relying on the quantity transferred.

Users may also get three free money transactions monthly on the money recycler machines, after which they’re to pay ₹150 per transaction.