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Major Changes From April 1: Cashless Tolls, Reduced Take-Home Pay, New UPI Payment System
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New Financial Year Brings Major Changes: Tolls, Salary, UPI, and Tax Rules Shift
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News18
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01-04-2026, 06:34
New Financial Year Brings Major Changes: Tolls, Salary, UPI, and Tax Rules Shift
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New financial year introduces significant changes affecting expenses, taxes, travel, and savings.
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Income Tax Act 1961 replaced by Income Tax Act 2025; 'Tax Year' concept introduced.
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Take-home salary may decrease due to new labor codes, but future savings (PF, gratuity) will increase.
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Cash payments at toll plazas are no longer accepted; FASTag or UPI mandatory, FASTag pass cost increases.
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Digital payments require two-factor authentication; UPI withdrawals without card now count towards free limit.
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