Source: aajtak
February is ending, and in just three days, April 2026 will begin, ushering in several significant changes. These updates (Rule Change From April 1st) will have an impact on every home and pocket. From adjusting the prices of LPG cylinders to revising credit card rules, these modifications affect various aspects of everyday life, including new income tax and PAN card regulations. Let’s dive deeper into these changes and their potential impact...
Source: aajtak
First Change: LPG Cylinder Prices Set to Change
On the first of every month, oil marketing companies adjust the prices of LPG gas cylinders, and April 1st will witness these changes too. Previously, on budget day, February 1st, there was a nationwide increase in the price of a 19-kilogram gas cylinder by 50 rupees, while the price of the 14-kilogram household LPG Gas Cylinder remains unchanged since April 8, 2025.
Source: aajtak
Second Change: CNG-PNG and ATF Prices
Beyond just LPG prices, oil companies will also adjust the prices of aviation fuel, known as Air Turbine Fuel Price (ATF Price), on the first of the month. Increases or decreases in ATF prices can directly influence air travelers' expenses. Additionally, modifications in the prices of CNG-PNG might be observed.
Source: aajtak
Third Change: Credit Card Rules to be Revised
The third change concerns credit card users (Credit Card Rule Change), with significant updates expected from April 1, 2026, as the Income Tax Department proposes the Draft Income Tax Rules-2026. If a credit card payment exceeds 10 lakh rupees in a single financial year, the bank or card issuer will report this to the Income Tax Department.
Additionally, as part of Credit Card Changes, credit card statements can now serve as address proof when applying for a PAN card. Credit cards may gain acceptance for online income tax payments, and providing a PAN card will be mandatory when applying for new credit cards.
Source: aajtak
Fourth Change: PAN Card Regulations to be Updated
Starting April 1st, with the implementation of Draft Income Tax Rules-2026, changes related to the usage of PAN cards will also be introduced. The proposed updates might enhance PAN's utility in certain cases, while providing relief in others. For instance, instead of the current requirement of PAN for cash deposits over 50,000 rupees in banks or Post Offices, the new rules might set a 10 lakh rupees limit per financial year for cash deposits or withdrawals. PAN won't be needed for purchasing vehicles under 5 lakh rupees. However, providing PAN will be mandatory for buying any insurance policy.
Source: aajtak
Fifth Change: Bank Holiday Extravaganza
If you are planning to visit a bank in March for any tasks, it's important to note that due to numerous festivals and events, there will be a substantial number of Bank Holidays in March, affecting banking operations. These holidays include Holi, Gudi Padwa, Eid, Ram Navami, and Mahavir Jayanti. In total, there will be 18 days of holidays this month, counting the second and fourth Saturdays and Sundays' regular weekly offs.
