2026 Financial Rule Changes
New Delhi
The beginning of the New Year 2026 has brought with it a series of important regulatory and policy changes that directly impact the financial lives of ordinary citizens. From higher government salaries to changes in fuel prices, credit score updates, and tax compliance rules, January 1 has marked a significant transition for households across the country.
One of the most impactful developments is the implementation of the 8th Pay Commission from January 1, 2026. The Union government had approved the move earlier, paving the way for revised pay structures for central government employees. The decision is expected to benefit nearly 50 lakh serving employees and around 69 lakh pensioners. With the rollout of the new pay commission, salaries are likely to rise by 20 to 35 per cent, providing a substantial boost to disposable income and purchasing power for millions of families.
On the price front, however, the New Year has brought mixed news. The government has increased the price of LPG cylinders by ₹111 with effect from January 1, 2026. The hike applies exclusively to 19-kg commercial LPG cylinders, which are commonly used by hotels, restaurants, and small businesses. In a major relief for households, the prices of domestic LPG cylinders weighing 14.2 kg have been kept unchanged, shielding families from additional cooking fuel expenses.
There has also been some respite in fuel prices for vehicle owners and households using piped gas. Indraprastha Gas Limited (IGL) has revised CNG and PNG rates downward from the New Year. CNG prices have been reduced by ₹3 per kg, while PNG prices have been cut by ₹0.70 per unit. However, consumers should note that the revised rates differ across cities depending on local distribution costs and taxes.
Another significant change concerns credit scores, which play a crucial role in loan approvals and interest rates. Until now, credit scores were updated only once a month. From 2026 onwards, credit scores will be updated every seven days.