Rule change 1 February 2026: The beginning of the new month and the day of Union Budget 2026 is bringing many big changes in the country. From LPG prices to bank holidays and additional tax on pan-masala, these 5 rules will have a deep impact on the life and expenses of every common man.

Like the first date of every month, on February 1, 2026 too, oil marketing companies will revise the prices of LPG cylinders. The eyes of the entire country are fixed on these prices to be released on the budget day. In particular, the general public is hopeful that this time the price of 14 kg domestic gas cylinder may come down. Earlier, on January 1, the price of 19 kg commercial cylinder was reduced by Rs 14.50, after which its price in Delhi became Rs 1804. Now it remains to be seen whether the government provides relief to domestic consumers on the budget day or not.

Changes in air travel and fuel prices

Along with LPG, new rates of ATF (Air Turbine Fuel) will also be released on February 1. Any change in ATF prices directly affects the prices of air tickets. Last month, ATF prices in Delhi had come down by about 7%, which was a relief to the passengers. Apart from this, there is also a possibility of revision in the rates of CNG and PNG, which may impact transportation and household budget.

Big blow to pan-masala and cigarette lovers

The government has made major changes in the tax structure on tobacco products and pan-masala, which will be effective from February 1. According to media reports, now in addition to GST, a new excise duty and health and national security cess will be imposed. This new duty has been notified in place of GST Compensation Cess, due to which the prices of cigarettes and pan-masala may see a significant increase from next month.

Relief rule for FASTag users

There is a good news for vehicle owners. NHAI has announced that the KYC verification process has been abolished while issuing FASTag for cars, jeeps and vans from February 1, 2026. This step has been taken with the aim of making digital toll collection more simple and to provide relief to consumers, making it easier than ever to get a new Fastag.

Long list of bank holidays

If you have any important work to the bank in the month of February, then you must check the bank holiday list. According to the calendar of the Reserve Bank of India (RBI), banks will remain closed for a total of 10 days in February, including weekly holidays and local festivals like Chhatrapati Shivaji Maharaj Jayanti. Therefore, it is advisable to use digital banking or settle your bank work ahead of time.