7 Key money rules changing from November 2026: What pensioners, taxpayers and bank customers should know
November opens with a fresh set of deadlines and fee changes, and they touch pensioners, taxpayers and bank customers alike. Here are seven to track.
- Pensioners, submit your life certificate
Pensioners below 80 must submit their annual life certificate, also known as Jeevan Pramaan Patra, between November 1 and November 30. Those aged 80 and above can already submit it, with the window having opened on October 1. The aim is to avoid interruptions in pension payments.
- More time for audited taxpayers
The CBDT has extended the ITR deadline for audit-case taxpayers for assessment year 2026-27 from October 31 to November 21. Salaried taxpayers don’t get this extension, and their deadline falls in December. Taxpayers with audited accounts should check whether they qualify.
- PNB credit card charges
Punjab National Bank will bring in revised credit card service charges from November 1, 2026.
- PNB inactive accounts
Some PNB accounts with a zero balance and no customer-initiated transactions for over three years may need KYC completed by November 10 to avoid closure.
As per the revised rules, structure, cash withdrawals at PNB ATMs will attract a fee of 2.5% of the withdrawn amount or Rs 400, whichever is higher. For withdrawals at other domestic ATMs, the charge will be 2.5% of the amount or Rs 500, whichever is higher.
- IndusInd Bank fee hike
IndusInd Bank will increase charges on failed savings account transactions. For customers holding Indus Delite, Indus Digi-start, Indus Online-Min Bal Required and Indie (Star/Superstar/Megastar) savings accounts a failed transaction charge is being introduced from November 1st.
A point-of-sale (POS) transaction declined due to insufficient funds will attract a fee of Rs 25. Similarly, a failed IndusInd Bank ATM transaction due to insufficient balance will also cost Rs 25.
- LPG price review
The monthly review of LPG prices falls on November 1. Cylinder prices may change that day.
A change in domestic LPG prices can affect household budgets, while revisions in commercial cylinder rates can impact restaurants, hotels and other businesses that rely on cooking gas.
- GST process reforms
Ongoing GST reforms aim to simplify registration and speed up refunds.
Some banks have also revised interest rates on select fixed deposit schemes, which may affect what depositors earn. Anyone with an FD may want to check the latest rates at their bank.