With February 2026 now approaching, businesses, professionals and employers need to remain vigilant of the various deadlines for compliance with the Income Tax, GST and Labour Law. Neglecting these dates can lead to higher interest, late fees and regulatory penalties as well as unnecessary compliance pressure. Here’s an overview of the key statutory compliances for February 2026 to help you stay on schedule.
Income Tax Compliances – February 2026
Tax obligations are ongoing year-round, especially for individuals who are responsible for tax deduction and collection at source.
- 7 February 2026: The TDS and TCS for January 2026 by all deductors and collectors are due to be deposited.
- 14 February 2026: Designated individuals and entities shall issue TDS certificates for tax deducted under sections 194-IA (property), 194-IB (rent), 194M (professional payments), and 194S (virtual digital assets).
- 15 February 2026: Government offices must furnish Form 24G for TDS/TCS payments made without a challan. Deadline for issuing quarterly TDS certificates for the quarter ended 31 December 2025. Timeliness is crucial to ensure that TDS is credited correctly to the deductees and that the Income Tax Department does not issue notices.
GST Payable – February 2026
Filing and payment obligations for taxpayers with GST registration are multiple in February.
- 10 February 2026: Filing of GSTR-7 (TDS under GST) and GSTR-8 (e-commerce operators) for January 2026.
- 11 February 2026: Monthly filers must submit GSTR-1 for outward supplies for January 2026.
- 13 February 2026: Filing of GSTR-1 (IFF) for QRMP taxpayers, Filing of GSTR-6 by Input Service Distributors (ISD).
- 20 February 2026: Taxpayers with aggregate turnover exceeding ₹5 crore must file GSTR-3B for January 2026.
- 22 February 2026: Filing of GSTR-3B for taxpayers with turnover up to ₹5 crore in Group B States.
- 24 February 2026: Filing of GSTR-3B for taxpayers with turnover up to ₹5 crore in Group A States.
- 25 February 2026: GST payment via PMT-06 for taxpayers registered under the QRMP scheme.
Regular reconciliation and timely filings prevent GST interest, late fees, and ITC discrepancies.
Labour Law Compliance – February 2026
The same goes for employers; labour law obligations need to be attended to ensure compliance with statutory and employee-related requirements.
- 1 February 2026: Filing of Annual Return under the Shops and Establishments Act (as per state laws).
- 10 February 2026: Professional Tax payment and return in applicable states.
- 15 February 2026: Payment of Provident Fund (PF) and Employees’ State Insurance (ESI) contributions for January 2026, Filing of Annual Return under the Contract Labour Act (state-specific).
Labour-law violations may lead to heavy fines and scrutiny, requiring prompt response.
Other Important Compliances
- 28 February 2026: Filing of GSTR-11 by UIN holders for inward supplies, Submission of Challan-cum-statement for TDS deducted on property purchases, rent, and professional payments.
February 2026 will be a month of heavy regulation (direct tax, indirect tax, and labour law). Keeping a compliance calendar, reconciling information in advance, and preparing filings well ahead of deadlines will ensure companies don’t have to cram at the last minute and get penalized by statute. It is not just a legal necessity to be compliant; it is evidence of good governance and professional accountability.
