Accounting And Audit 1 October 2026
October 2026 Key Financial and Registration Changes
From October 1, 2026, India implements sweeping reforms affecting bank fixed‑deposit rates, UPI transaction fees, LPG subsidy structures, SBI ATM cash limits, and the processes for birth and death registration. Additional updates include revised tax filing deadlines and new rules for NRI property transactions, reshaping compliance for individuals and businesses.
Major updates effective 1 Oct 2026
- Bank FD rates: New interest calculations and ceiling limits.
- UPI MDR: Revised merchant discount rate affecting transaction costs.
- LPG subsidy: Changes to eligibility and amount per cylinder.
- SBI ATM withdrawals: Lowered cash withdrawal caps per transaction.
- Birth & death registration: Streamlined online filing and tighter timelines.
- Tax deadlines: Extended filing dates for individuals and corporates.
- NRI property rules: New compliance requirements for overseas owners.
For full details, see the original article here.
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