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Here’s your complete December guide to every major deadline, rule change and compliance requirement
Major financial changes in December 2025: December will also see important compliance dates for PAN-Aadhaar linking and the last opportunity for central government employees to switch from NPS to Unified Pension Scheme (UPS).
There are key financial deadlines coming up in December for bank customers, pensioners, PAN card holders and taxpayers. From SBI shutting down its mCash service, to the last date for submitting life certificate, to important income tax deadlines for filing ITR, many rules are changing. December will also see important compliance dates for PAN-Aadhaar linking and the last opportunity for central government employees to switch from NPS to Unified Pension Scheme (UPS).
Here’s your complete December guide to every major deadline, rule change, and compliance requirement:
Key deadlines expiring on November 30, 2025
1. SBI to stop mCash service: State Bank of India will stop the facility to send and claim its mCash on OnlineSBI and YONO Lite after November 30, 2025. Once closed, customers will no longer be able to send money or receive money through the mCash link or app without beneficiary registration. SBI has advised users to switch to secure, mainstream digital payment modes like UPI, IMPS, NEFT and RTGS for all future transfers.
2. Last date for submission of Life Certificate (Jeevan Pramaan Patra): Government pensioners must submit their life certificate by November 30, 2025 to ensure uninterrupted pension credit. Jeevan Pramaan, a biometric Aadhaar-based digital certificate, can be submitted through doorstep services, banks, post offices or digital apps. Failure to submit this certificate may result in temporary stoppage of monthly pension distribution.
3. Deadline to switch from NPS to UPS: Employees who want to switch from National Pension System (NPS) to Unified Pension Scheme (UPS) must apply before November 30, 2025. The request can be submitted through the CRA system or physically through the nodal office.
Major Income Tax Deadlines in December 2025
1. December 10, 2025- ITR deadline for tax audit cases: CBDT has extended the income tax return submission deadline for tax audit cases to December 10, 2025 (age 2025-26). This applies to assessees falling under clause (a) of Explanation 2 to section 139(1), whose original due date was 31 October.
2. December 31, 2025- Last date for filing delayed ITR: Taxpayers who missed the deadline for filing the original ITR still have time to file the delayed return under section 139(4). For FY 2024-25, the last date for filing delayed ITR is December 31, 2025. Filing is not allowed after this date and non-filers may face penalties, interest and loss of refund.
3. December 31, 2025- PAN-Aadhaar linking deadline: The Income Tax Department has extended the deadline to December 31, 2025 for PAN holders who were issued PAN using Aadhaar enrollment ID before October 1, 2024. They have to complete the Aadhaar-PAN linking process to prevent their PAN from getting deactivated.
The news desk is a team of passionate editors and writers who chronicle and analyze the most important events happening in India and abroad. From live updates to exclusive reports to in-depth explainers, Desk D…read more
The news desk is a team of passionate editors and writers who chronicle and analyze the most important events happening in India and abroad. From live updates to exclusive reports to in-depth explainers, Desk D… read more
Delhi, India, India
November 29, 2025, 10:49 IST
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