Income tax calendar for June: compliance time limit you should know – CNBC TV18

Timely payment of taxes helps taxpayers to avoid punishment and protects their credit score. June 2025 is an important month for Indian companies and individuals as the financial year 2025-2026 is the end of the first quarter.

In June 2025, several major tax compliance deadlines fall. Taxpayers, banks and government agencies have to fulfill them to ensure smooth reporting and avoid punishment. These include the time limit for TDS/TCS payment, filing GST returns and issuing tax certificate.

Here is a detailed observation of important tax dates to note for June 2025:

June 7, 2025

TDS/TCS deposit

The tax collected on the source (TDS) and source (TCS) for May 2025 should be deposited by this date.

June 10, 2025

Professional Tax (PT) Payment/Return

Employers are required to pay professional tax and file May 2025 PT returns. The deadline may vary by the state.

June 11, 2025

GSTR-1 filing (monthly)

Taxpayers with monthly GST filing or turnover will have to enter GSTR-1 for over 5 crore over 5 crore.

June 13, 2025

GSTR-5 filing (non-resident taxable person)

Non-residents doing business in India will have to enter GSTR-5 for May 2025.

June 14, 2025

TDS certificate issuing (Form 16B, 16C, 16D)

Form 16B: TDS on the purchase of real estate.

Form 16C: TD on rent paid by individuals or Hindu undivided families (HUF).

Form 16D: TDS on payment to contractors or professionals by individuals or HUFS (for tax deduction in April 2025).

June 15, 2025

Payment of first installment of advance tax

The first advance tax installment (15%) for all taxpayers, corporate and non-corporate, FY 2025-2026 will have to be paid.

June 15, 2025

TDS Certificate issuing (Form 16 and Form 16A)

Form 16: Employers will have to issue TDS certificate for pay deduction during FY 2024-2025.

Form 16A: Quarterly TDS certificate for non-lump deduction (interest, rent, professional fee) for the quarter ending 31 March, 2025.

June 20, 2025

GSTR-5A filing (OIDAR services)

Non-resident providers of online information and database access or retrieval (OIDAR) services will have to enter GSTR-5A for May 2025.

June 30, 2025

Challan details for specific TDS sections

Taxpayers should provide challans and details for TDS for TDS for May 2025, 194-IB (payment of rent by individuals/HUFs), 194-B (paying rent by individuals/HUFs), 194M (individuals/HUFs), and 194S (digital assets) (digital assets) (digital assets) (digital assets).

June 30, 2025

Equality Levy Statement (Form -1)

Form -1 should be presented for the financial year 2024–2025 for equality on goods and e -commerce supply/services.