31Aug

September 2026 brings a number of important deadlines and regulatory changes that could affect taxpayers, LPG consumers, international travellers and people with large bank deposits. While some of the deadlines fall on August 31, others take effect from September 1 or later in the year.

Here are the key changes consumers should keep in mind.

Income Tax Return deadline: August 31

For taxpayers covered by the non-audit category, the deadline to file the income-tax return for Assessment Year 2026-27 is August 31, 2026. The Income Tax Department has also issued reminders urging taxpayers to complete their filings by the deadline.

Taxpayers need to select the ITR form according to their income sources and financial circumstances. For eligible resident individuals, Hindu Undivided Families and firms with income under the presumptive taxation provisions, ITR-4 (Sugam) is one of the applicable forms.

Missing the original deadline does not necessarily mean that a return can no longer be filed. A belated return for AY 2026-27 can generally be furnished up to December 31, 2026, subject to the applicable rules and late-filing fee.

International travellers get a digital boarding-pass option

From September 1, international passengers departing from India will no longer need to have their boarding passes stamped at immigration counters.

The Bureau of Immigration has decided to discontinue the mandatory stamping requirement as part of an effort to make immigration clearance more convenient and reduce problems associated with physical boarding-pass stamping. Travellers can present an e-boarding pass on their smartphones at immigration.

Importantly, passengers carrying printed boarding passes will not be turned away. Physical boarding passes will continue to be accepted, but immigration officials will no longer stamp them.

For international travellers, keeping the e-boarding pass readily accessible on a mobile phone could therefore make the immigration process simpler from September onward.

LPG consumers face an August 31 e-KYC deadline

Domestic LPG consumers who have not completed the required Aadhaar-based biometric e-KYC should take note of the August 31 deadline.

The deadline has been extended to August 31, 2026, with the process applicable to domestic LPG consumers of the major oil marketing companies, including Indian Oil, BPCL and HPCL.

Consumers who have already completed the required verification do not need to repeat the process. Those who have not completed it should check with their LPG distributor or the relevant oil company’s official digital service for the current procedure.

The verification drive is intended to authenticate LPG consumers and improve the targeting of domestic LPG benefits.

New bulk-deposit rules coming from October

Another important banking change is scheduled for October rather than September.

The Reserve Bank of India has revised rules governing interest rates on bulk deposits, with the changes taking effect from October 1, 2026. The revised framework raises the bulk-deposit threshold for scheduled commercial banks to single rupee term deposits of ₹3 crore and above.

Under the new framework, banks will have to publish applicable bulk-deposit interest rates on their websites on a daily basis. Banks will also have to follow the same rate for the same deposit amount on a given day, while retaining flexibility to set different rates for different bulk-deposit slabs.

The change is mainly relevant to companies, institutions, high-net-worth individuals and other customers placing large sums with banks. For ordinary retail fixed-deposit customers, the direct impact is expected to be limited.

What consumers should remember

The beginning of September therefore comes with several practical financial and travel reminders. Taxpayers should check their ITR filing status, LPG customers should ensure that their e-KYC requirements are completed, and international travellers can prepare to use digital boarding passes at immigration.

Meanwhile, people dealing with large bank deposits have another change to watch: the RBI’s revised bulk-deposit framework from October 1.

For consumers, keeping track of these deadlines and regulatory changes can help avoid last-minute complications and unexpected financial or travel-related inconvenience.

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