Financial rule changes in September 2025: Every month many important changes are implemented by banks, government and financial institutions, which have a direct impact on the pockets of the common people.
The month of September is also not untouched by this. This time too, many changes related to tax, banking and everyday expenses are going to be implemented. Some of these rules will become effective from September 1. Let’s know in detail –
1. ITR Filing AY 2025-26 deadline
The Income Tax Department in may this year extended the income tax return (ITR) filing deadline from July 30 to September 15, 2025, giving taxpayers additional 46 days to meet the return filing obligation. This relief was given to those taxpayers whose accounts are not required to be audited. Taxpayers whose accounts need to be audited have to file their ITR before October 31, 2025.
2. UPS deadline for central govt employees
Central government employees under the National Pension System (NPS) have time until September 30 to opt for the Unified Pension Scheme (UPS). The earlier deadline to switch to the UPS from NPS was June 30 and it was later extended by another 90 days keeping in view muted response from employees. The UPS is a pension system introduced for central government employees covered under the NPS.
3. India Post’s Registered Post being merged into Speed Post service
The Department of Posts (DoP) has decided to merge the domestic Registered Post into Speed Post service, effective September 1, 2025. So if you send any registered post through India Post within the country from September 1, it will be a Speed Post delivery.
4. Credit card rule changes
SBI Card has announced changes in rules for its select cards from September 1, 2025. The company has revised reward points programme for some of its cards. With this revision, customers holding such cards will not be able to earn reward points on spends related to digital gaming and government website transactions.
5. Special fixed deposit (FD) plans
Banks like Indian bank and IDBI Bank are currently running some special tenor FD plans. The deadline to invest in Indian Bank’s 444-day and 555-day plans is September 30, 2025. Likewise, the last date to invest in IDBI Bank’s 444-day, 555-day and 700-day special fixed deposit plans is also September 30.
6. Aadhaar card free update last date
The Unique Identification Authority of India (UIDAI) has extended the free facility of Aadhaar document update for three months. Now people can update their Aadhaar details for free by 14 September 2024. For this, documents related to identity and address will have to be uploaded on the website of UIDAI. UIDAI says that it is necessary to keep the Aadhaar updated from time to time so that demographic information remains correct.
Summing up…
So the month of September will see key changes related to tax, India Post, Aadhaar guidelines, special fixed deposits, pension scheme for government employees and credit cards. These changes in money-related rules will certainly have an impact on your budget. In such a situation, it is very important to know these changes in time and accordingly it is very important to make your financial plan.