Financial Rule Change From March 1 2026: As the country enters March 2026, a series of significant regulatory and financial updates are taking effect.
Financial Rule Change From March 1 2026-Bank To Remain Open On March 31
The Reserve Bank of India has asked all agency banks to stay open on March 31, 2026. The day is a holiday on the occasion of Mahavir Jayanti but branches have been asked to stay functional to process government payments and tax collections.
‘1600’ Calling Series For Stockbrokers
A deadline has been established by the Telecom Regulatory Authority of India (TRAI) for all qualified stockbrokers to combat the growing incidents of financial fraud. The stockbrokers would now be migrating to the 1600 numbering series. Individuals are also advised to report any call as scam if a financial call is received from a standard 10-digit mobile number after March 15.
DON'T MISS
New Deadline For Revised Returns-Income Tax
The deadline for individuals to file revised income tax returns has been extended officially to March 31, 2026. Previously, taxpayers had until December 31 to fix filing errors.
Simplified FASTag Rules
The National Highways Authority of India (NHAI) has remarked that commuters with existing FASTags would no longer be required to undergo routine Know your vehicle requirements unless a certain complaint gets raised.
SEBI Incentive To Boost Mutual Fund Outreach
The new investor onboarding incentive for mutual fund distributors from SEBI would come into effect from March 1, 2026. Distributors could now earn 1 percent of the eligible lumpsum investment or the first-year SIP amount capped at Rs. 2000, subject to fulfilment of certain conditions.
SIM Binding
The Department of Telecommunications (DoT) has announced that an individual’s WhatsApp account should remain linked continuously to the primary device’s inserted physical SIM card. Going forward, the WhatsApp platform would review after every 6 hours whether the registered SIM is actually present in the mobile phone.
