September 30, 2025 marks a key date for several financial deadlines. From routine compliance requirements like Jan Dhan account re-KYC, crucial registration renewals for charitable trusts to switch to Unified Pension Scheme (UPS) this date demands close attention. Missing these deadlines could mean loss of benefits, penalties, or inconvenience, making it imperative that individuals and organisations act promptly.
NPS to UPS Switch
Today is the last day for central government employees to switch from the National Pension System (NPS) to UPS. All government staff covered under NPS as of April 1, 2025, can exercise this option by submitting Form A2, along with required documents, either online or physically to their Head of Office or DDO at your place of employment.
New employees joining after April 1 must choose between NPS and UPS within 30 days of joining. Retirees with 10 years of service and legally married spouses of deceased employees are also eligible to opt for UPS. If you do not act by the September 30, 2025 deadline, and no extension is granted, you will remain enrolled under NPS without the UPS option. Submit your decision today as today is the deadline to secure your preferred retirement plan for retirement.
Charitable Trusts Renewal
Another important deadline is for charitable trusts seeking to renew their registrations under Sections 12A, 80G, or 10(23C) of the Income Tax Act. The last date to file renewal applications in Form 10AB is September 30, 2025. This deadline applies to all charitable trusts, religious trusts, institutions whose registration (provisional or regular) is valid from AY 2022-23 through AY 2026-27. Form 10AB is to be used for renewal or re-registration under the updated regime.
It is essential to select AY 2027-28 as the assessment year during renewal, given that the renewal applies to the year immediately following the expiry of current registration. Trusts are advised to check their approval orders or the certificate (Form 10AC) to verify applicability.
Jan Dhan KYC
One significant requirement is the compulsory re-KYC for Jan Dhan accounts that have completed 10 years since opening. The Reserve Bank of India (RBI) governor Sanjay Malhotra announced in August that public sector banks will facilitate doorstep services to simplify this process at the panchayat level. These re-KYC camps began on July 1 and will continue until the today as on September 30, 2025. Account holders must not delay, as failure to complete re-KYC may lead to account restrictions or closure.
Special Fixed Deposits
On the investment front, several banks have rolled out special fixed deposit schemes to attract investors. Indian Bank currently offers attractive 6.9 percent interest rate on its 444-day and 6.8 percent on 555-day special FDs, with the deadline for investment set firmly for September 30.
The deadline for IDBI Bank’s special FD schemes of 444, 555, and 700 days is however extended from September 30, 2025, to March 31, 2026. Returns for general customers range from 6.50 percent to 6.65 percent, while those for seniors range from 7.00 percent to 7.15 percent. These schemes present lucrative short- to medium-term investment options for those looking for stable returns in a low-risk instrument. Investors aiming to benefit from these should act now to ensure their investments are accepted before the cutoff.
In addition to these key deadlines, it is worth noting that tax audit date has been extended from September 30 to October 31st 2025.
With September 30 being the deadline, it is time for everyone to review their financial and compliance calendars. Whether it is submitting re-KYC documents, making fixed deposit investments, or renewing charitable trust registrations, September 30, 2025, marks the definitive cutoff.
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