These 6 major rules will change from July 1; the impact will range from ITR to Aadhaar, passports, and banking..

Financial Changes – July 2026: If you have yet to file your income tax return, need to update your email ID in your Aadhaar, plan to get a passport made, or use a credit card, it is essential to be aware of the new rules coming into effect on July 1. The start of the new month brings several significant financial changes that will directly impact the common person's finances and daily financial services.

**Free Email Update for Aadhaar**

From July 1 to December 31, 2026, there will be no fee for updating a registered email ID via the Aadhaar mobile app. The Unique Identification Authority of India (UIDAI) has decided to offer this service for free for a period of six months.

**Changes to SBI Card Reward Program**
Effective July 1, the reward point rules for the 'PhonePe SBI Credit Card Purple' and 'PhonePe SBI Credit Card Select Black' will change. Limits will be set on earning reward points, and certain additional transactions will no longer qualify for reward points.

**Deadline for Filing ITR**

The deadline for filing ITR-1 and ITR-2 for the financial year 2025-26 (assessment year 2026-27) is July 31, 2026. Failure to file the return by the due date may attract a penalty. Additionally, options regarding the choice of tax regime may be restricted, and the facility to carry forward eligible losses to future years could be affected.

**New Rules for HDFC Bank Credit Card Lounge Access**