Introduction: This calendar provides an overview of important statutory due dates for various Indian compliances applicable for the month of June 2024. Keeping track of these deadlines is crucial for maintaining business compliance and avoiding penalties. This guide lists all the key dates for tax payments, GST filings, and other statutory obligations, ensuring you stay on top of your compliance requirements.
| Event Date | Act | Applicable Form | Obligation |
| 7th June | Income Tax | – | TDS Payment for May 2024 |
| 10th June | State PT Act | Varies | Professional Tax (PT) on Salaries for May 2024 (Note: Due date varies by state) |
| 11th June | GST | GSTR-1 | Details of outward supplies of taxable goods and/or services effected |
| 13th June | GST | GSTR-1 (IFF) | Optional filing for QRMP registered businesses with turnover less than Rs. 5 Crore |
| 15th June | Income Tax | Challan Payment | Advance Tax Payment (1st Installment) for April2024 to June 2024 |
| 15th June | PF, PT & ESIC Act | – | Provident Fund (PF), Professional Tax & Employee’s State Insurance (ESI) Returns Payment for May 2024 |
| 15th June | Income Tax | Form 16 | Issuance of TDS Certificates for FY 2023- 2024 |
| 20th June | GST | GSTR-3B | Monthly return for GST with details of tax liability |
| 25th June | GST | Challan Payment | Payment of GST for May 2024 (if no sufficient Input Tax Credit) |
| 30th June | Companies Act | Form DPT-3 | Annual Return to disclose deposit information (for FY 2023-24) |
| 30th June | Income Tax | Form 26QB, 26QC, 26QD, 26QE | TDS Payment for May 2024 on Property sales, Rent, |
| 30th June | DGFT | Online Renewal | Renewal of Importer-Exporter Code (IEC) |
Why Timely Compliance Matters:
- Avoid Penalties and Late Fees: Missing deadlines can result in significant financial penalties and late fees, impacting your cash flow.
- Maintain Business Credibility: Consistent compliance demonstrates professionalism and fosters trust with regulatory authorities.
- Minimize Risk of Audits: Timely filings reduce the chance of triggering unnecessary audits that can be time-consuming and disruptive.
Seeking Professional Help:
For the most accurate and up-to-date information regarding your specific compliance obligations, we highly recommend consulting with a professional advisor. They can help you:
- Navigate Complex Regulations: Compliance can be intricate, and professionals can ensure you stay compliant with all applicable laws.
- Interpret Due Dates Accurately: They can clarify specific deadlines based on your business situation.
- Minimize Compliance Burden: Professionals can streamline the process and handle filings on your behalf, freeing up your time to focus on core business activities.
Use this calendar as a starting point, but always prioritize seeking guidance from a qualified professional to ensure timely and accurate compliance.
Conclusion: Timely compliance with statutory due dates is essential for avoiding penalties, maintaining business credibility, and minimizing the risk of audits. This June 2024 due date calendar serves as a useful tool for businesses to manage their obligations effectively. However, for the most accurate and tailored advice, consulting with a professional advisor is recommended. Professionals can navigate complex regulations, interpret specific deadlines, and handle filings, ensuring your business remains compliant and focused on core activities. Use this calendar as a starting point, and seek professional guidance to ensure thorough and accurate compliance.
Author Bio
very informative for us to keep track on the due dates and filings.
thanks to you Dsc Sign
Manjunatha
thanks for your feedback.