India is set to roll out a series of financial updates starting March 1, 2026, covering banking operations, fraud protection, tax filing and toll payments. The changes are aimed at making financial processes smoother and more secure for citizens.
As per the Reserve Bank of India (RBI), banks will remain open on March 31 despite Mahavir Jayanti to facilitate important year-end transactions and tax payments. Meanwhile, in a move to curb fraud, the Telecom Regulatory Authority of India (TRAI) has set a March 15, 2026, deadline for Qualified Stockbrokers to migrate to the “1600” series for official calls. This step is expected to help people easily identify legitimate calls and reduce scam-related risks.
Deadlines extended, new features introduced
Taxpayers who need to revise their Income Tax Returns (ITRs) will now have time until March 31 to do so, subject to a fee. The extension provides relief to those who need to correct or update their filings.
There are also changes for road users. Routine FASTag vehicle checks at toll plazas will be discontinued unless a complaint is raised, a move that could reduce waiting time and make highway travel smoother.
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In addition, Bajaj Finserv wallet users can expect new sub-wallet features to be introduced soon.
Overall, the updates focus on easing financial transactions, strengthening fraud detection, and simplifying tax and travel-related processes. From safer official calls to streamlined toll payments and revised tax deadlines, the changes mark a significant upgrade in everyday money management systems across the country.
