Effective April 1, 2026, India will implement the Income-tax Act, 2025, which aims to modernize and simplify the tax system, replacing the Income-tax Act, 1961. The new law is designed to streamline provisions, reduce compliance burdens, and clarify statutory language. The Central Board of Direct Taxes (CBDT) has also introduced the Income-tax Rules, 2026 to align with this new framework. A significant change is the consolidation of all TDS provisions for non-salary payments into a single Section 393, simplifying compliance for taxpayers. Additionally, the SBI card rewards program will see a revision where reward points can only be redeemed in multiples of 4,000, potentially affecting user redemption behavior. The National Highways Authority of India (NHAI) has raised the annual FASTag pass fee from ₹3,000 (approximately $36 USD) to ₹23,075 (approximately $280 USD), impacting frequent highway users. Furthermore, RuPay Platinum debit cardholders will lose access to airport and railway lounges, as communicated by the National Payments Corporation of India (NPCI). Other banks, including HDFC Bank and Punjab National Bank, are also revising ATM withdrawal policies, while the Reserve Bank of India (RBI) continues to enforce two-factor authentication for digital transactions.