Major financial rule changes in India starting January 1, 2026, will impact you directly. From January 1, 2026, linking these two crucial documents will become mandatory to avoid account freezes and service blocks. This move aims to improve tax compliance, reduce fraud, and enhance transparency in the Indian financial system. 8th Pay Commission implementationThe end of the 7th Pay Commission's term on December 31, 2025, paves the way for the 8th Pay Commission, which will kick in from January 1, 2026. The new ITR form is expected to make tax compliance easier and more efficient for individuals and businesses alike

Source: dna December 31, 2025 08:16 UTC