income tax changes

New Delhi, December 31, 2025— As the new year begins on January 1, 2026, a series of major financial and tax-related changes have come into force across India, directly affecting individual taxpayers, salaried employees and banking customers. The changes relate to income tax return filing, PAN-Aadhaar linking, credit score updates, implementation of the Eighth Pay Commission and possible revisions in LPG prices. From January 1 onwards, taxpayers will no longer be allowed to file revised income tax returns for the assessment year 2025–26. The deadline for submitting a revised return ended on December 31, 2025. After this date, those seeking…