Major Blow: 7 Rule Changes Impacting Salary, Tax, and Railway Tickets From Today

• Income Tax Act 1961 replaced by 'Income Tax Act 2025'; 'Form 16' replaced by 'Form Number 130'.
• PAN card rules tightened: Aadhaar alone insufficient, new form required, and mandatory for transactions over 5 lakhs.
• Take-home salary to decrease as Basic Pay and Dearness Allowance must be 50% of total salary, increasing PF.
• Railway ticket cancellation refund only if canceled 8 hours before departure; no refund within 8 hours.
• New charges: 1% on credit card bill payments, 23 rupees per UPI transaction after free limit, and increased F&O tax.