New financial and daily rules will be implemented from January 1, 2026, there will be changes from LPG to UPI

With the welcome of 2026, many new changes will be implemented in India, which will directly affect your financial and daily life. The rules to be implemented from January 1 include changes in income tax, PAN-Aadhaar linking, banking, LPG prices, digital payment security and SBI card facilities.

Revised income tax return filing rules

First of all, the rules for filing revised Income Tax Return (ITR) will change. From January 1, taxpayers will no longer be able to file revised ITR for the financial year 2025-26. Those who need correction in their returns will now have to file an updated return or ITR-U. Apart from this, PAN and Aadhar linking will become mandatory. Those who do not link it, their PAN will become inactive, due to which banking and tax related operations will be affected.

How to update credit score

The method of updating credit score will also change. Now instead of 15 days, credit bureaus will update the credit score every week, due to which the effect of your payment behavior will be reflected in the score faster.

Changes in LPG prices also

Change in LPG prices is also possible. The prices of domestic and commercial cylinders can be decided afresh from January 1.

New rules on UPI transactions

New rules will be implemented on UPI transactions to increase digital payment security. Also, strong SIM verification rules will be applicable for apps like WhatsApp and Telegram.

Changes for SBI card holders

There are changes for SBI card holders also. From January 10, the cards in the domestic airport lounge access program will be divided into Set A and Set B. Set A cards will give lounge access in Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Delhi and Pune, while Set B cards can be used in Bhubaneswar, Chandigarh, Kochi, Goa, Indore, Jaipur, Vadodara, Srinagar and Visakhapatnam.

Changes in rail ticket booking

There will also be changes in rail ticket booking. From January 5, Aadhaar-authenticated users will be able to book tickets from 8 am to 4 pm on the first day, and from January 12, this window will extend to 12 midnight.

Apart from this, the tenure of the 8th Pay Commission will start from January 1, 2026. The tenure of the 7th Pay Commission ends on December 31, 2025. Therefore, government employees and pensioners are likely to get new salaries and arrears.

All these changes will have a direct impact on the pockets and financial decisions of common people. Therefore, it is important for them to keep in mind the new rules and deadlines.