Nueva Delhi: The Haryana government announced Thursday that EID-UM-FIT Closure of the financial year.
“In the partial modification of the government notification issued in the number of 26.12.2024, it is notified that EID-ul-Fitr, that is, on March 31, 2025, it will be observed as a restricted holiday (Annex II) instead of a Gazetted holiday, due to the fact that the fact that the fact that on March 29 and 30, 2025 is the weekend of March 31, the day of closing of the financial year 2024-2025, on March 29 and 30, 2025 are the weekend and March 31, March 31, the day of closing of the financial year of the year 2024-202. pending transactions before the fiscal year ends.
The Central Board of Direct Taxes (CBDT) issued an order that indicates: “To facilitate the completion of pending departmental work, all income tax offices throughout India will remain open on March 29, 30 and 31, 2025”.
Since March 31, the last day of the financial year is fulfilled, all payments and agreements of the Government must end on that date. It is also the deadline for submitted tax statements (ITR) for evaluation year 2023-24.
The Bank of the Reserve of India (RBI) has issued a similar directive for the management of banks government transactions Stay open on March 31 to accommodate taxpayers.
“To facilitate the accounting of government receipts and payments in the current financial year, necessary arrangements have also been made to carry out special compensation operations throughout the country,” said the RBI.