New Rules From November 1, 2026: LPG Cylinder Prices, ATF Rates, Bank Charges, GST Changes And Pension Rules

Several changes from November 1, 2026, could affect household budgets, travel costs, banking transactions, tax compliance and pension-related services. Monthly LPG and aviation turbine fuel (ATF) price revisions are due for review, while changes in bank charges and GST provisions may affect customers and businesses. Pensioners and eligible taxpayers also need to keep track of important deadlines.

New Rules From November 1, 2026: LPG, ATF Prices, Bank Charges, GST Changes And More New Updates

New LPG Cylinder Prices on 1st November 2026

Oil marketing companies typically revise domestic and commercial LPG cylinder prices at the beginning of each month. Any change from November 1 could affect household cooking expenses as well as costs for restaurants and other commercial users. The actual impact will depend on the revised rates announced for each city.

Aviation Turbine Fuel (ATF) Prices on November 1, 2026

ATF prices are also reviewed periodically, usually at the start of the month. Any increase or reduction could affect airlines' operating costs and potentially influence airfares, although ticket prices do not necessarily change in direct proportion to fuel rates. The November revision should be confirmed through official announcements.

Bank Charges Revised: PNB Credit Cards And IndusInd Savings Accounts To Cost More for Certain Transactions

Banks are introducing revised charges for certain credit card and savings account services from November 1.

Punjab National Bank (PNB) Visa and RuPay credit cardholders will face a cash withdrawal charge of 2.5% or Rs 400, whichever is higher, at PNB ATMs. At other domestic ATMs, the charge will be 2.5% or Rs 500, whichever is higher.

For late payments, no fee will apply to dues up to Rs 500, while the maximum charge for dues above Rs 50,000 will be Rs 1,200. A 1% charge will apply to aggregate utility payments exceeding Rs 50,000 per billing cycle, capped at Rs 2,000 per transaction. Other revisions include reward redemption and certain cheque or auto-debit payment failures.

IndusInd Bank will also revise service charges for specified savings accounts, including Indus Delite, Indus Digi-start, Indus Online-Min Bal Required and Indie Star, Superstar and Megastar accounts. Failed POS or IndusInd ATM transactions due to insufficient funds will attract Rs 25 plus GST, while cheques returned for non-financial reasons will cost Rs 50 per cheque.

GST Rules From November 1: Changes To Discounts, Input Tax Credit And Refunds

Amendments to the Central Goods and Services Tax (CGST) framework are scheduled to take effect from November 1. The changes cover post-supply discounts, credit notes, input tax credit adjustments and refund provisions, including cases involving an inverted duty structure. Businesses should review the notified provisions to understand their impact on tax records and compliance.

ITR Filing Deadline in November

The income tax return deadline for specified audit-category taxpayers for assessment year 2026-27 has been extended from October 31 to November 21, 2026. The extension does not apply to all taxpayers. Eligible individuals and businesses should confirm their applicable deadline and distinguish it from the deadline for submitting the tax audit report.

Life Certificate Deadline: Rules For Pensioners From November 1

Eligible government pensioners below 80 years can submit their annual life certificates from November 1 to November 30, 2026. Pensioners aged 80 and above have been eligible to submit them since October 1.

Eligible pensioners can use the Jeevan Pramaan digital facility. Applicable Unified Pension Scheme subscribers should also check the Jeevan Setu digital life certificate process and complete submission by November 30.

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