Financial Calendar 2026-27

Advance Tax — 1st instalment

First instalment of advance tax for FY 2026-27 due (15% of estimated liability) for taxpayers with liability over ₹10,000.

Small Savings Rate Review (Q2)

Government reviews interest rates on PPF, NSC, SCSS, SSY and other small-savings schemes for the July–September quarter.

Q1 FY27 Earnings Season Begins

Listed companies start reporting April–June quarter results. IT majors typically report first.

ITR Filing Deadline (non-audit)

Last date to file income-tax returns for FY 2025-26 (AY 2026-27) for individuals not requiring an audit.

RBI Monetary Policy (MPC)

Bi-monthly Monetary Policy Committee decision on the repo rate and stance. Watch for guidance on inflation and growth.

Advance Tax — 2nd instalment

Second advance-tax instalment for FY 2026-27 due (cumulative 45% of estimated liability).

Tax Audit Report Deadline

Last date to file the tax audit report for FY 2025-26 for taxpayers subject to audit under the Income-tax Act.

Small Savings Rate Review (Q3)

Interest rates on PPF, NSC, SCSS and other small-savings schemes reviewed for the October–December quarter.

Q2 FY27 Earnings Season Begins

July–September quarter results start. The festive-season quarter is keenly watched for consumption demand.

ITR Deadline (audit cases)

Last date to file income-tax returns for FY 2025-26 for taxpayers requiring an audit.

RBI Monetary Policy (MPC)

Final scheduled MPC meeting of the calendar year. Rate decision and stance for the December review.

Advance Tax — 3rd instalment

Third advance-tax instalment for FY 2026-27 due (cumulative 75% of estimated liability).

Belated / Revised ITR Deadline

Last date to file a belated or revised return for FY 2025-26 (AY 2026-27).

Q3 FY27 Earnings Season Begins

October–December quarter results start — the pre-Budget read on corporate health.

Economic Survey 2026-27

The Economic Survey is typically tabled in Parliament a day before the Union Budget.

Union Budget 2027-28

The Finance Minister presents the Union Budget — tax slabs, capital-gains rules, and scheme changes that affect your money.

RBI Monetary Policy (MPC)

First MPC meeting after the Budget. Markets watch the rate path for the new financial year.

Advance Tax — 4th instalment

Final advance-tax instalment for FY 2026-27 due (100% of estimated liability).

Financial Year End — Tax Planning Deadline

Last day of FY 2026-27. Complete 80C/80D investments (old regime), tax-loss harvesting, and PPF deposits before this date.