Bottom line: early filing saves money and stress: For FY 2025–26, filing before July 31, 2026 avoids penalties, interest and restrictions on tax benefits. Early filing also ensures quicker refunds and cleaner financial records. In tax compliance, timing matters almost as much as accuracy.
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CNBC TV1809-02-2026, 16:04

RBI Boosts MSME Loans: Collateral-Free Limit Rises to ₹25 Lakh

  • RBI issues new guidelines for collateral-free loans to MSMEs, effective April 1, 2026.
  • Mandatory collateral-free loans up to ₹20 lakh for all MSE units and PMEGP beneficiaries.
  • Banks can extend collateral-free limit up to ₹25 lakh based on borrower's credit history and internal policy.
  • Voluntary pledges of gold and silver for loans within the collateral-free limit are permissible.
  • New rules aim to strengthen formal credit access for smaller businesses and boost MSME financing.

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