Commercial cylinder prices increase ₹111 from today:Cars too become costlier; CNG PNG rates cut by ₹2; find here 9 important changes that take effect in January

From January 1, 2026, the price of commercial gas cylinders has increased by ₹111. Also, you will have to pay a higher price to buy a car. The implementation of the 8th Pay Commission will be done retrospectively. The new year has arrived. Overall, nine important things are changing in 2026. Here are 9 major changes happening in 2026… 1. Interest rates may get cut in small savings schemes Small Savings Scheme Instruments and Interest Rates 2. MG Motor cars become expensive
MG Motor cars have become up to 2% more expensive from January 1. According to the company, this increase will vary for different models. The company has increased car prices for the third time this year due to rising raw material and operational costs. Previously, MG had increased its car prices by up to 1.5% from July 1, 2025, and up to 3% from January 1, 2025. 3. CNG and domestic PNG will become cheaper
The Petroleum and Natural Gas Regulatory Board (PNGRB) has reduced gas transportation charges from January 1, 2026. After this, CNG and domestic piped natural gas (PNG) prices will decrease by ₹2-3 per unit in different states across the country. 4. Commercial gas cylinder prices reduced Major Commercial Gas Cylinder Prices in the Country 5. Aviation Fuel Those traveling by air in the new year are expected to get relief. Oil companies have reduced the prices of aviation fuel by about ₹7,000. Jet Fuel Prices in Major Cities of the Country These 4 Changes That Will Happen in 2026 1. Salary May Increase with 8th Pay Commission
The central government has announced the implementation of the 8th Pay Commission. Though the timeline hasn’t been specified yet, it is believed that it may be implemented from January 2026. The government says its aim is to revise the salary, pension and allowances of central government employees. This will increase the amount received by employees. Suppose if your basic salary is Rs 35,400 as per 7th Pay Commission, after DA and HRA it becomes around Rs 65,500. After the 8th Pay Commission, this could go beyond Rs 1.10 lakh. 2. Money will be saved from new ITR slabs
For financial year 2025-26, under the new tax regime, no tax will need to be paid on income up to Rs 12 lakh when filing ITR. For salaried people, with standard deduction of 75 thousand, the exemption will become Rs 12.75 lakh. Earlier this limit was Rs 7 lakh. According to tax expert Chartered Accountant (CA) Anand Jain (Indore), those with annual income up to 12 lakh rupees will now save 60 thousand rupees in tax. Those with income of Rs 10 lakh will save Rs 40,000 Additionally, for those with annual income between Rs 20 to Rs 24 lakh, a new 25% tax slab has been included in the new regime. Previously, income above Rs 15 lakh was taxed at 30%. This will result in tax savings for middle and upper-middle class. What will be the impact: Previously, the maximum rate of 30% was applicable on income above 15 lakh rupees, but now this limit has been increased to 24 lakh rupees. This will result in tax savings for middle and upper-middle income groups. 3. Aadhaar mandatory for railway reservation during day from January 12
From January 12, users whose IRCTC account is not linked with Aadhaar will not be able to book tickets from 8 AM to 12 midnight. These rules are only for the first day when reserved ticket booking opens. Reservation opens 60 days before the train departure date. The day when this booking opens is considered the first day. The purpose is to give maximum passengers a chance to book tickets online on opening day and prevent bookings through fake accounts. 4. New Income Tax Act will be implemented
The new Income Tax Act 2025 will come into effect from April 1, 2026. This will replace the old law of 1961. The government has introduced a new income tax bill to simplify tax laws. This will not change the tax rates. 4 major points of the new Income Tax Bill… What will be the benefit to the common man?