From ITR to Aadhaar Update: Key Rule Changes Effective September 2025 – Know What Benefits and Risks Await

As a new month begins, several financial and regulatory changes are set to take effect from September 2025. These updates directly impact your wallet—ranging from income tax return deadlines and Aadhaar updates to new banking rules and credit card policies. While some changes bring relief, others could tighten your budget. Here’s a detailed look at what’s changing this month, what deadlines you should not miss, and how these shifts could affect your daily financial life.

Extended Deadline for Filing Income Tax Returns

One of the most important updates relates to income tax filing. The Income Tax Department earlier extended the deadline for filing returns for individuals whose accounts do not require an audit. Instead of July 30, taxpayers now have until September 15, 2025 to submit their returns. This extension gives non-audit taxpayers 46 extra days to complete their filings.

For those whose accounts require auditing, the last date to file the Income Tax Return (ITR) remains October 31, 2025. Missing these deadlines could result in penalties, so taxpayers are advised to complete their filings on time.

Deadline for Choosing Unified Pension Scheme (UPS)

Another significant update affects central government employees covered under the National Pension System (NPS). They now have until September 30, 2025, to opt for the Unified Pension Scheme (UPS). Originally, the deadline was June 30, but due to low response, the government extended it by 90 days.

The UPS offers new retirement benefits and is designed as an alternative to the existing NPS framework. Employees who fail to choose within the deadline will continue under their current pension system.

India Post: Registered Post Merged with Speed Post

Starting September 1, 2025, India Post has merged its registered post service with the speed post network for domestic deliveries. This means all registered letters sent after September 1 will now be delivered as speed post, ensuring faster service and simplified tracking.

This move is expected to streamline postal services and enhance efficiency for customers who rely on postal communication.

Changes in SBI Credit Card Rules

Credit card users, especially those holding select SBI cards, must take note of new policy changes effective September 1, 2025. The bank has revised its reward points program, under which cardholders will no longer earn points for transactions made on digital gaming platforms and government websites.

For frequent users in these categories, this change reduces the scope of earning benefits. Customers are advised to check the updated terms carefully to avoid surprises on their monthly statements.

Special Fixed Deposit Schemes Ending Soon

If you are considering investing in special fixed deposits, this is your last chance. Both Indian Bank and IDBI Bank are running attractive FD schemes with unique tenures:

• Indian Bank: 444-day and 555-day FDs

• IDBI Bank: 444-day, 555-day, and 700-day FDs

The deadline to invest in these special schemes is September 30, 2025. After this date, the banks may withdraw or revise these offers. Investors looking for higher interest rates should act quickly.

Last Chance for Free Aadhaar Update

The Unique Identification Authority of India (UIDAI) has extended the deadline for free Aadhaar updates until September 14, 2025. Residents can update their Aadhaar details, including proof of identity and address, by uploading documents on the UIDAI website.

Updating Aadhaar regularly ensures that your personal details remain accurate, which is crucial for availing government schemes, banking services, and digital transactions. After the deadline, Aadhaar updates may attract a fee.

What This Means for You

September 2025 brings a mix of deadlines and new rules that demand attention. Taxpayers have more time to file returns, government employees get another opportunity to opt for a new pension scheme, and investors still have a window to lock in attractive FD rates. On the other hand, credit card users and Aadhaar holders must stay alert to avoid losing benefits or missing out on free services.

By staying updated and acting on time, you can safeguard your finances and even take advantage of the opportunities these changes bring.