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Income Tax Return 2025: Final Deadline, Benefits & Penalties Explained

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Income Tax Return Filing in India: Why You Must File Your ITR Before the Deadline in 2025 Filing your Income Tax Return (ITR) on time is not just a legal responsibility—it's a vital step toward building a transparent and responsible financial future. Every citizen who earns in India—whether a salaried employee, a business owner, or even someone currently without active income—should understand the importance of tax filing. In this article, we’ll cover everything you need to know about ITR filing in 2025, the updated deadline, and why filing taxes is important, even for those who might not currently earn. We'll also look at the consequences of not filing taxes and why a responsible taxpayer contributes to the growth of the nation. ITR Filing Deadline for 2025: What’s the Last Date? The last date to file your Income Tax Return (ITR) for the Financial Year 2023-24 (Assessment Year 2024-25) has been extended. ✅ Updated ITR Filing Deadline: Original deadline: July 31, 2025 ...