From Aadhaar To ATM Withdrawals: Key Rule Changes Taking Effect From June 1

New Delhi: Many important rules are set to change across the country from June 1, 2026, directly impacting the pockets and daily lives of ordinary people. Several major changes will be implemented, including those related to LPG cylinders, Aadhaar, ATM usage, and PAN cards, which could impact the spending habits.

What are the new rules related to LPG and PNG?

The government is implementing stricter rules regarding cooking gas connections starting June 1, 2026. Under the new regulations, only one active gas connection will be permitted at a single address or per household. Households that already have a PNG connection will no longer be able to store LPG cylinders simultaneously. If you have both connections, you will be required to surrender the LPG cylinder. Failure to do so could result in oil companies blocking or canceling your LPG connection.

New rule for UPI payment

Starting June 1, the rules for UPI payments will change. Now, only the real name registered with the bank will be visible when sending money. This will reduce fraud using fake names or QR codes.

ATM and Banking Rules

Starting June 1 major changes are underway in banking and ATM regulations. Cash withdrawals using UPI will now be subject to the bank's five-free transaction limit. Cash withdrawals after this date will incur charges.

Strict rules for PAN card

PAN card regulations are being significantly tightened, aimed at monitoring large financial transactions. Now, providing a PAN card will be mandatory for cash deposits or withdrawals exceeding Rs 10 lakh per year. A PAN card is required for property transactions exceeding Rs 20 lakh. A PAN card is also mandatory for purchasing a high-end vehicle over Rs 5 lakh, even if it's a two-wheeler. New insurance policies will no longer be available without a PAN card.

Aadhaar update fees

From June 1, the fee for updating name, address, date of birth, or other biometric information at an Aadhaar center will be between Rs 75 and Rs 125. However, online document updates on the myAadhaar portal are free until June 14, 2026, and may become chargeable thereafter.

New rules for solar panels

Starting June 1, 2026, the rules for installing solar panels are changing, allowing only government-certified panels under ALMM-II. This will reduce the use of Chinese panels. This could increase the cost of solar systems by Rs 3,000 to Rs 9,000. However, subsidies under the PM Surya Ghar Free Electricity Scheme will continue.

Air travel and fuel

Air travel in India may become more expensive and limited starting June 1. Due to a sharp increase in aviation turbine fuel (ATF) prices and lower demand after the summer holidays, IndiGo and Air India have cut domestic flight fares by 15 per cent to 22 per cent for the next 90 days, starting June 1. If you're planning a trip after June 1, check your flight status and bookings now.