INCOME TAX DUE DATE CALENDAR MONTH OF JUNE 2025

 

Date	Particulars
7/6/2025	•  Due date for deposit of Tax deducted/collected for the month of May, 2025. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan
	•  Uploading of declarations received in Form 27C from the buyer in the month of May, 2025
14/06/2025	Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of April, 2025
	Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of April, 2025
	•  Due date for issue of TDS Certificate for tax deducted under section 194M in the month of April, 2025
	•  Due date for issue of TDS Certificate for tax deducted under section 194S (by specified person) in the month of April, 2025
15/06/2025	•  Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of May, 2025 has been paid without the production of a challan
	•  Quarterly TDS certificates (in respect of tax deducted for payments other than salary) for the quarter ending March, 2025
	•  Due date for furnishing statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of May, 2025
	•  Furnishing of statement (in Form No. 64D) of income paid or credited by an investment fund to its unit holder for the previous year 2024-25
	•  Due date for furnishing statement by a recognised association in respect of transactions in which client codes been modified after registering in the system for the month of May, 2025
	•  The statement of income distributed by the Securitisation Trust to the investors shall be furnished to the Income-tax Dept. in Form 64E on or before 15th June of the financial year following the previous year during which the income is distributed.
	•  First instalment of advance tax for the assessment year 2026-27
29/06/2025	•  Due date for e-filing of a statement (in Form No. 3CEK) by an eligible investment fund under section 9A in respect of its activities in financial year 2024-25
	•  Electronically submission of information pertaining to any transfer of the share of, or interest in, a foreign company/entity as referred to in Explanation 5 to section 9(1)(i) which takes place during the Financial Year 2024-25
30/06/2025	•  Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of May, 2025
	•  Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of May, 2025
	•  Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of May, 2025
	•  Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194S (by specified person) in the month of May, 2025
	•  Return in respect of securities transaction tax for the financial year 2024-25
	•  Quarterly return of non-deduction of tax at source by a banking company from interest on time deposit in respect of the quarter ending March 31, 2025
	•  Statement to be furnished (in Form No. 64C) by Alternative Investment Fund (AIF) to units holders in respect of income distributed during the previous year 2024-25
	•  Due date for furnishing of statement of income distributed by business trust to its unit holders during the financial year 2024-25. This statement is required to be furnished to the unit holders in form No. 64B
	•  Furnishing of Equalisation Levy statement for the Financial Year 2024-25
	•  Furnishing of statement containing the particulars of expenditures specified under section 35D(2)(a) (if the assessee is required to submit return of income by July 31, 2025)
	•  Annual statement pertaining to income distributed during year 2024-25 by a securitisation trust

 

Unlocking Tax Benefits for NGOs: How to Get 12AB & 80G Registration in India

So, you're running an NGO? Awesome! You're out there making a real difference, and that's something to be proud of. But let's face it, navigating the world of taxes and regulations can feel like wading through treacle. That's where 12AB and 80G come in. Think of them as the VIP passes that unlock serious perks for your organization and supercharge your fundraising efforts!

(Think of it this way: 12AB = Tax Shield for You, 80G = Donation Magnet for Your Supporters!)

This isn't just about ticking boxes; it's about building trust, attracting donors, and ensuring your organization can thrive and make an even bigger impact. Let's break down how to get (and keep) these crucial registrations, without getting bogged down in jargon.

What's the Hype About 12AB & 80G, Anyway? (The Short & Sweet Version)

• 12AB Registration: Grants your NGO tax exemption on its income. That means more funds to pour into your cause, not the government's coffers!
• 80G Registration: Empowers your donors to claim tax deductions on their contributions to your NGO. Result? A surge in donations as people get to support your mission and save on taxes!

(It's a win-win! Your NGO gets a tax break, your donors get a tax break… everyone's happy!)

Who's Invited to the Party? (Eligibility Check)

If your organization is all about doing good, you're likely eligible! This includes:

• Charitable Trusts: The OG do-gooders.
• Societies: Groups working for common welfare.
• Section 8 Companies: Non-profits registered under the Companies Act.

Key ingredients? Your NGO must be dedicated to charitable purposes (education, healthcare, poverty relief, etc.) and not designed to line anyone's pockets. Think selfless service, not self-enrichment!

The Ultimate Guide to Getting 12AB & 80G (Let's Do This!)

Okay, time to roll up your sleeves! Here's a streamlined step-by-step guide to navigating the registration process:

1. Lay the Foundation: Legal Registration is Key:
• Trust: Get registered under the Indian Trusts Act (because trust is essential!).
• Society: Register under the Societies Registration Act (strength in numbers!).
• Section 8 Company: Incorporate under the Companies Act (with a non-profit mission!).
2. Get Your NGO a PAN Card (Yes, Really!):
• Even non-profits need a Permanent Account Number. Think of it as your NGO's official ID!
3. Ace the Application: Filing Form 10A on the Income Tax Portal:
• Head over to: incometax.gov.in (your gateway to tax heaven!).
• Find Form 10A: This is your golden ticket for both 12AB and 80G!
• Gather your documents (we'll get to those in a sec).
• Verify using DSC (Digital Signature Certificate) or EVC (Electronic Verification Code).

(Pro Tip: You can apply for 12AB and 80G simultaneously. Efficiency FTW!)

The Document Treasure Chest: What You'll Need to Submit:

• The Legal Docs: Trust Deed, Memorandum & Articles of Association, or Registration Certificate (proof you're legit!).
• PAN Card Copy: Your NGO's official ID card.
• Trustee/Governing Body List: Who's in charge of this operation?
• Financial Statements (if you have them): The last 3 years' worth (or since you started).
• Activity Report/Objectives Note: What are you doing and why?
• Office Proof + Photos: Show them where the magic happens!
• Charitable Purpose Declaration: Pinky swear that you're using the assets for good!

The Waiting Game: What Happens After You Apply?

• The Income Tax Department will review your application with a fine-tooth comb.
• They might ask for more info or clarifications (be prepared to answer their questions!).
• If everything checks out, they'll bestow upon you:
• A 12AB Registration Certificate: Tax exemption, here you come!
• An 80G Certificate: Donor-attracting powers, activated!

(Important: These certificates are valid for 5 years. Don't let them expire or you'll lose your VIP status!)

Stay in the Know: Income Tax Guidelines You Can't Ignore!

• CBDT Notification No. 19/2021: The rulebook since 2021.
• Rule 11AA & Rule 17A: The nitty-gritty of how to apply.
• Section 2(15): Defining "charitable purpose" so you don't stray.

Real-World Wisdom: Key Court Cases You Should Know About

• Ananda Social & Educational Trust vs. CIT (2020): You can apply before starting activities! No need to have a long history to get registered.
• CIT vs. Surya Educational Trust (2011): Small beginnings are okay! Don't get rejected just because you're new or small.

(These cases are your legal backup, proving you're playing by the rules!)

Time's a-Tickin': Key Deadlines to Remember!

Application Type	Form	Deadline
Fresh Registration (New NGOs)	10A	Within 1 month of setup OR Before commencement
Renewal (Every 5 Years)	10AB	6 months before expiry

(Set a reminder! Missing the deadline means losing your precious registration!)

Regular Compliance: Staying in the Good Graces (Important!)

Getting 12AB and 80G is just the beginning! To keep your status, you need to:

• File Form 10B (Audit Report): If your total income exceeds Rs. 5 Crore.
• File Form ITR-7 (Income Tax Return): EVERY YEAR, without fail!
• Maintain proper utilization records: Show how you're spending donations.
• Issue 80G-compliant donation receipts: Make sure they clearly state 80G eligibility for donors.
• Renew on time: Don't let that 5-year deadline sneak up on you!
• Comply with Section 115TD: It specifies that if a trust or institution's registration is cancelled, or if it converts into a non-charitable form, it will be subject to a levy known as an "exit tax".

(Think of it as tending a garden: regular maintenance keeps your NGO thriving!)

Pro Tips for a Smooth Ride:

• Keep crystal-clear financial records.
• Mention your 80G registration number on every donation receipt. Make it easy for donors to claim their deductions!
• Accepting foreign funds? Register under FCRA (Foreign Contribution Regulation Act). It's a whole other world, but essential if you're getting international support.
• Stay Updated: Regulations change! Keep an eye on updates from the Income Tax Department.

You Got This! (But Don't Be Afraid to Ask for Help!)

Navigating the world of NGO regulations can be tricky. Don't be afraid to seek professional help from a tax advisor or consultant specializing in non-profits. They can help you:

• Draft trust deeds and other legal documents.
• Incorporation of Section 8 company or Society registered under 1862
• Prepare and file applications.
• Ensure ongoing compliance with all regulations.

By following these steps and staying informed, you can unlock the tax benefits of 12AB and 80G registration, empowering your NGO to do even more good in the world! Now go out there and make a difference!

Visit Us

Maxgrow Professionals LLP
21/32, 1 Mahatma Gandhi Marg, Hazratganj, Lucknow

📧 Email: maxgrowprofessionalsllp@gmail.com

📞 Phone: 9250405052

💼 Let us help you find the smartest financial solution for your needs — efficiently and affordably.

Loan Against Securities vs. Loan Against Assets vs. Personal Loan: Which One Should You Choose?

 In today’s fast-paced financial world, the need for quick liquidity can arise anytime — whether it's for funding a business, a personal emergency, or buying a new property. But with so many loan options available, one question looms large:

Should you opt for a Personal Loan, a Loan Against Assets, or a Loan Against Securities?

Let’s decode the pros, cons, and ideal use cases for each loan type so you can make a smart, financially sound decision.

 

💡 What Are Your Loan Options?

🔹 1. Personal Loan – Quick Cash, No Questions Asked

A personal loan is an unsecured loan. That means you don’t have to pledge anything. It’s based purely on your income, credit score, and repayment capacity.

Highlights:

·         No collateral required

·         Instant disbursal (within 24–72 hours)

·         Interest: 10.5% to 24%

·         Tenure: 1 to 5 years

·         EMI-based repayment

Ideal For:

·         Urgent needs (medical bills, weddings, vacations)

·         Those without any assets

·         Quick funding without paperwork hassles

✅ Best When: You need money urgently and have a good credit history.

 

🔹 2. Loan Against Assets – Put Your Property or Gold to Work

Got real estate, gold, or fixed deposits lying idle? You can unlock their value with a Loan Against Assets.

Common Types:

·         Loan Against Property (LAP) – pledge your residential or commercial property.

·         Gold Loan – use your gold jewellery as collateral.

·         Loan Against FDR – leverage your fixed deposits.

Highlights:

·         Secured loan with lower interest (8%–12%)

·         Higher loan amount possible

·         Longer tenures (up to 15 years for property)

·         Tax benefits (in some cases)

Ideal For:

·         Business expansion

·         Big-ticket personal expenses (education abroad, buying property)

·         Anyone with valuable physical assets

✅ Best When: You need a large loan at a low interest rate and don’t mind pledging assets.

 

🔹 3. Loan Against Securities (LAS) – Don’t Sell Your Investments, Borrow Against Them

If you have a strong portfolio — shares, mutual funds, bonds, or insurance — you can take a Loan Against Securities.

Highlights:

·         Interest rates as low as 8%

·         Overdraft facility available

·         Pledge shares or mutual funds without selling them

·         Fast processing (2–5 days)

Ideal For:

·         Managing temporary cash crunch

·         Short-term business needs

·         Investors who don’t want to liquidate their holdings

✅ Best When: You want liquidity without disturbing your investment portfolio.

 

🧾 Quick Comparison Table

Feature	Personal Loan	Loan Against Assets	Loan Against Securities
Collateral Required	❌ None	✅ Property/Gold/FDR	✅ Shares/Mutual Funds
Interest Rate	🔺 High (10.5%–24%)	🔻 Low (8.5%–12%)	🔻 Low (10.10%–12%)
Loan Tenure	1–5 years	Up to 15 years (property)	Up to 3 years
Processing Time	Fast (1–3 days)	Medium (3–15 days)	Fast (2–5 days)
Loan Amount	Based on income	Based on asset value	50%–80% of security value
Documentation	Minimal	Moderate	Light to Moderate
Risk Involved	High (Unsecured)	Medium (Asset Seizure Risk)	Medium (Market-linked)

 

🧠 Which Loan Should You Pick?

Here’s a simple guide based on your situation:

🔹 You have no assets, need money fast:

Go for a Personal Loan.

🔹 You need a big loan and own property/gold:

Loan Against Assets gives you better interest rates and longer repayment.

🔹 You have mutual funds or stocks and don’t want to sell:

A Loan Against Securities gives liquidity without disrupting your investments.

 

📌 Pro Tips Before You Apply

·         Always compare interest rates and processing fees.

·         Calculate your EMI and total cost of the loan.

·         Don’t borrow more than you can repay.

·         Secured loans are cheaper — use them when possible.

 

🔚 Final Words

Whether you’re managing a sudden expense or planning a major investment, the right loan can empower your journey. But not all loans are created equal — and neither are your needs.

The golden rule? Secure loans (with collateral) are cheaper and safer — but unsecured loans (like personal loans) offer speed and flexibility.

If you have assets, secured loans (LAS or LAP) are cheaper and more flexible.
Always compare interest rates, processing fees, and loan tenures before making a decision.

Choose wisely. Compare patiently. And borrow responsibly.

 

🤝 Need Help Getting the Right Loan at the Best Rate?

If you're considering a Loan Against Securities, Loan Against Assets, or a Personal Loan, we can help you secure it at competitive interest rates, customized to your profile and asset value.

📍 Visit Us

Maxgrow Professionals LLP
21/32, 1 Mahatma Gandhi Marg, Hazratganj, Lucknow

📧 Email: maxgrowprofessionalsllp@gmail.com

📞 Phone: 9250405052

💼 Let us help you find the smartest financial solution for your needs — efficiently and affordably.