It won’t be long until the next month comes. There will be some changes every month. That means there will be changes in Aadhaar, passport, car prices, and LPG prices as far as your financial matters go starting from July 1st.

As per UIDAI, it will not be chargeable for you to change your email id from your Aadhaar starting from July 1st to December 31st. Previously, you would have to pay ₹75 to change your email on your Aadhaar. The intention behind this move is to increase the updating process of Aadhaar.

Government has increased the passport costs. You will now have to pay ₹2,500 for your passport (previously, ₹1,500), and ₹5,000 for an instant passport (previously, ₹3,500). This new fee will be effective from July 1st.

Several automobile companies have announced price increases effective July 1st. These include Tata Motors, Kia Motors, MG Motors, and BMW. Tata Motors Passenger Vehicles (PV) has announced a 1.5 percent price increase. Tata Motors Commercial Vehicles (CV) has announced a 2.5 percent price increase. Kia Motors and BMW have announced a 2 percent price increase each, and MG Motors has announced a 3 percent increase.

In addition, several credit card rules are set to change effective July 1st. According to reports, SBI Cards has revised reward points for select PhonePe SBI cards. Several new limits have been imposed and some transactions have been removed from the reward points category. Meanwhile, HDFC Regalia Gold credit card holders will now be able to access domestic airport lounges three times per calendar quarter. However, they must spend at least ₹60,000 per quarter to achieve this.

The government reviews LPG prices at the beginning of every month. Therefore, LPG prices may also change on July 1st.

The deadline for filing ITR-1 and ITR-2 forms for the financial year 2025-26 (assessment year 2026-27) is July 31, 2026. Failure to file your returns within this deadline could result in hefty penalties. Additionally, delay in filing returns may prevent you from opting for certain tax regimes and you may also face restrictions on carrying forward losses to subsequent years.