Rule Change: As soon as February ends, March has arrived and this time the beginning of the new month has brought many important changes for the common people. These can have a direct impact on your pocket, banking, taxes, price of gas cylinder and rules related to investment. In such a situation, it is important to understand what has changed since March 1 and what effect it will have on your everyday life.
Like the first of every month, this time too new prices of LPG and commercial LPG cylinders have been released. Oil companies have increased the price of 19 kg commercial LPG cylinder. Now a 19 kg cylinder will be available in Delhi for Rs 1768.50, which was earlier Rs 1740.50. That means there has been an increase of Rs 28. However, there has been no change in the prices of domestic LPG cylinders at present.
There is also an important update related to Income Tax Return (ITR). If you have made any mistake while filing tax return in the last financial year, it can be rectified till March 31. However, for filing revised ITR, you may have to pay late fees ranging from Rs 1,000 to Rs 5,000.
A new rule has been implemented to curb fake calls related to the stock market. Now investment related calls will come only from numbers starting with ‘1600’. If investment advice is received from a normal 10 digit mobile number, it may be fraudulent, so it is important to be cautious.
There has also been a change in the use of messaging apps. The ‘SIM-binding’ rule has come into effect from March 1. This means that the SIM card with which the account is created on apps like WhatsApp, Telegram or Signal will need to be installed in the SIM phone. If the SIM is removed the app may stop working on that device.
Fastag users have also got relief. Now the process of frequently updating ‘Know Your Vehicle’ (KYV) is being simplified. Also, Fastag sub-wallet facility will be started in some digital wallets from March 3, 2026, which will make toll payment even easier.
Changes have also been implemented in the banking sector. Many government banks will now calculate the minimum balance on the basis of Average Monthly Balance (AMB). This may provide some relief to customers in penalty matters.
Information regarding bank holidays is also important. Reserve Bank of India According to the official list of (RBI), banks will remain closed for a total of 18 days in different states in March 2026. These include weekly holidays, second and fourth Saturdays and festivals of various states. However, despite the Mahavir Jayanti holiday on March 31, government banks will remain open, so that the important work of the last day of the financial year can be completed on time.
There is a big change for railway passengers also. The UTS app, through which unreserved tickets, platform tickets and season tickets were booked, has been discontinued from March 1. Now passengers will have to use ‘Railvan’ app for ticket booking, which Indian Railways has already launched.
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