New Delhi, Jan 01: From January 1, significant new rules aimed at impacting the finances of the public have come into effect. Notably, the 8th Pay Commission will be implemented on January 1, 2026, benefiting approximately 50 lakh central government employees and 69 lakh pensioners, potentially leading to salary increases of 20 to 35 percent.
Additionally, the price of 19-kg commercial LPG cylinders has risen by ₹111, while domestic LPG prices remain unchanged at 14.2 kg for household use. Some relief has been noted in fuel prices, with Indraprastha Gas Limited reducing CNG prices by ₹3 and PNG by ₹0.70, though rates will vary by city.
Another significant change involves the updating of credit scores, which will now occur weekly instead of monthly, allowing for faster reflection of timely EMI payments. Furthermore, the deadline for linking PAN with Aadhaar ended on December 31, 2025; after this date, inactive PAN cards will hinder income tax filings and high-value banking transactions.
A new Farmer ID system has been introduced for beneficiaries of the PM Kisan scheme, set to be implemented in various states including Uttar Pradesh, Bihar, and Madhya Pradesh starting January 1, 2026.
