As the new quarter of the financial year 2025-26 begins, it has been announced that there will be changes in many financial rules and fees from July 2025. Along with this, there are new restrictions on train ticket fees and changes in GST rules. It is said that these may affect everyone's personal and family financial management.

Train ticket fare hike: indian Railways has announced that it will increase train ticket fares from July 1, 2025. It has been said that this change will be applicable only to selected classes and specific services. It has caused concern, especially among long-distance passengers. This fare hike is said to be a further hardship for the public, who are already burdened by almost all expenses. The Railways has said that this decision is an attempt to improve services and maintain business strength. However, passengers, especially families who are sensitive to travel expenses and those who travel for work, are expected to be affected by this change.
According to the new fare scheme, there will be no fare hike for ordinary second-class travel up to 500 km. However, for distances beyond 500 km, an additional fare of Rs. 0.005 will be charged for each kilometer traveled. The Railways has explained that this change is very minimal and care has been taken not to burden the passengers too much. According to the new fare change, passengers traveling in the mail and express trains (non-AC category) will now have to pay 1 paise more for every kilometer. Although this is a small increase, it is causing concern among long-distance passengers. For families who are already trying to control travel expenses and employees traveling for transfer work, this increase is expected to change the total travel cost. The railways have said that this increase has been made with the aim of improving the quality of service.

How much does the AC class cost?: In the new train fare system, the maximum fare has been increased for AC class passengers. According to the new rules, indian Railways has announced that 2 paise will be charged more for every kilometer. Although this change will not affect short-distance journeys much, it will significantly increase the cost of long-distance AC journeys. As a result, passengers who want to travel in AC class have had to make changes to their budget in advance. Railway officials have explained that this increase has been made with the aim of improving convenient services.

New PAN card + Aadhaar verification: As per the recently released rules, Aadhaar card verification has been made mandatory for new PAN cards. With this, the authorities are tightening security measures with the aim of preventing the spread of duplicate or forged PAN cards in the system. These rules will come into effect from July 1.

Monthly GSTR-3B form cannot be edited: According to the Goods and services Tax Network (GSTN), the monthly GST payment form GSTR-3B will not be editable from July 1. The GST portal provides a pre-filled GSTR-3B form. In this, the tax liability will be automatically filled based on the outward supplies declared in GSTR-1, GSTR-1A, and IFF. While till now taxpayers were not able to edit the auto-filled values in the GSTR-3B form, they will be able to edit it under the current practice. However, with the new rule coming into effect, this amendment will not be available to taxpayers now.

Income Tax Filing Deadline Extension: The Central Board of Direct Taxes (CBDT) has extended the deadline for filing income tax returns (ITR) for the financial year 2024-25 and assessment year 2025-26 to september 15, 2025. This will give people a few more months to file their income tax returns.

Fuel ban for old vehicles from July 1: The delhi government is set to ban fuel supply to diesel vehicles that are more than 10 years old and petrol vehicles that are more than 15 years old from July 1 next month. With this, old and polluting vehicles are being banned to reduce environmental pollution in the city.
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Sowmiya Sriram

29/06/2025 11:21 AM