New Delhi: As soon as the month of November starts, many important changes related to money, financial and everyday work have been implemented in the country. These can have an impact on elderly pensioners, taxpayers, bilateral fund investors and wall customers. Some rules have come into effect from November 1, 2026, while the deadline for some important works is this month. In such a situation, it is important for you to be enlightened of these changes. Let us know well-nigh the major changes that took place in November.
First change: Pensioners will have to submit life certificate
The process of submitting the yearly life document for pensioners unelevated 80 years of age who receive government pensions has started on November 1. They will have to submit this document by 30 November 2026. At the same time, this facility for pensioners weather-beaten 80 years and whilom has started from October 1. Pensioners can submit the digital document by visiting the wall workshop or through the Jeevan Praman portal.
Second change: What reverted in the rules of GST?
Changes in some provisions of GST have come into effect from November 1. These include rules related to after-sales discounts, credit notes and tax refunds. Under the new provisions, conditions like reversal of input tax credit related to post-supply unbelieve will be applicable. These changes may impact businessmen and small traders.
Third change: Default option for bilateral fund investment changed
The new rule has moreover come into effect for bilateral fund investors. Direct plans have been made the default option on the digital platforms of windfall management companies from November 1. If investors segregate the regular plan, they will be informed well-nigh the higher expense ratio associated with it. Its purpose is to requite investors a well-spoken idea well-nigh the expenses of both the options.
Fourth change: Stage for filing ITR extended
Some audited taxpayers have got relief for towage year 2026-27. The last stage for filing income tax returns for eligible businessmen, professionals and firms has been extended from October 31 to November 21, 2026. This exemption is not for all taxpayers but will be workable to those who fulfill the prescribed conditions.
Fifth change: Revision in PNB credit vellum charges
Punjab National Wall i.e. PNB has made changes in many service charges on its Visa and RuPay credit cards. This includes charges related to mazuma withdrawal, late payment and utility snout payment. Customers who have PNB credit vellum must trammels the new tuition information from the official website of the bank.
Sixth change: New tuition will be imposed on IndusInd Wall customers
IndusInd Wall has introduced charges on failed transactions for some savings accounts. If the transaction fails through POS or wall ATM due to insufficient wastefulness in the account, a tuition of Rs 25 will have to be paid. At the same time, if the trammels is returned due to some non-financial reasons, a fee of Rs 50 per trammels will be charged. GST will be workable separately on these charges.
Seventh change: Commercial LPG cylinder becomes costlier
With the whence of November, the price of a 19 kg commercial LPG cylinder has moreover increased. This may stupefy hotels, restaurants and other commercial establishments. However, the price of 14.2 kg LPG cylinder for domestic use has not been reverted at present.
In this way, these changes that took place in the whence of November can stupefy variegated sections of people. Therefore, pensioners, investors, businessmen and wall customers must be enlightened of the new rules and their respective deadlines.
