New Rules From 1 November 2026: Every Change and Deadline That Affects You
LPG prices, the pension life certificate, Sovereign Gold Bond exit windows, the extended ITR date and new GST rules. Tick what applies to you and get your own November checklist.
- Pensioners: submit your life certificate between 1 and 30 November (from 1 October if you’re 80+), or your pension may stop from December.
- LPG: oil companies revise cylinder prices on 1 November. In October, domestic cylinders were unchanged at ₹942 in Delhi.
- Gold bond holders: early-exit windows for nine SGB tranches are open during November, at gold prices near record highs.
- Taxpayers with audited accounts: the ITR deadline is now 21 November.
- Everyone else: this is a quiet month for new rules. The GST changes from 1 November mainly affect businesses, and small savings rates stay the same until December.
New rules from 1 November 2026: your personal checklist
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1. LPG cylinder prices on 1 November
The first of the new rules from 1 November 2026 that touches every kitchen is the monthly LPG price revision. Oil marketing companies review LPG prices on the first day of every month. On 1 October 2026, the 19 kg commercial cylinder went up by ₹62 to ₹70, while the 14.2 kg domestic cylinder stayed the same.
Commercial 19 kg cylinders are now ₹2,820 in Delhi (up ₹10), with rises of ₹10.50 to ₹17 in the other metros. Domestic 14.2 kg cylinders are unchanged at ₹942 in Delhi.
| City | Domestic 14.2 kg (from 1 Nov) | Commercial 19 kg (from 1 Nov) |
|---|---|---|
| Delhi | ₹942.00 | ₹2,820.00 |
| Mumbai | ₹941.50 | ₹2,775.00 |
| Kolkata | ₹968.00 | ₹2,971.00 |
| Chennai | ₹957.50 | ₹2,994.50 |
2. Pension life certificate last date 2026: 1 to 30 November
Central government pensioners, and most pensioners paid through a bank, must submit a life certificate (Jeevan Pramaan) every year to keep their pension coming.
- Aged 80 and above: window open since 1 October, closes 30 November.
- Below 80: from 1 November to 30 November.
- EPS-95 (EPFO) pensioners: no November deadline. Your certificate is valid for 12 months from the day you submit it.
You can submit for free with face authentication on an Android phone, at your bank branch, or through India Post’s doorstep service. Our Jeevan Pramaan 2026 guide walks through each method step by step.
3. SGB premature redemption in November 2026: exit windows
You can redeem a Sovereign Gold Bond with RBI before maturity once five years have passed since it was issued, but only on interest dates. You apply through your bank, post office or broker during a request window that closes about 10 days before the redemption date.
The price is the average IBJA closing price of 999 gold over the three business days before redemption. For 2021-22 Series VII, redeemed on 2 November 2026, RBI set it at ₹14,167 per unit, roughly three times its ₹4,761 issue price.
| SGB tranche | Request window | Redemption date |
|---|---|---|
| 2020-21 Series VIII | 17 Oct – 9 Nov | 18 Nov 2026 |
| 2020-21 Series II | 19 Oct – 9 Nov | 19 Nov 2026 |
| 2021-22 Series I | 23 Oct – 16 Nov | 25 Nov 2026 |
| 2021-22 Series II | 31 Oct – 21 Nov | 1 Dec 2026 |
| 2021-22 Series VIII | 6 Nov – 27 Nov | 7 Dec 2026 |
| 2021-22 Series III | 7 Nov – 30 Nov | 8 Dec 2026 |
| 2019-20 Series VII | 9 Nov – 30 Nov | 10 Dec 2026 |
| 2019-20 Series I | 9 Nov – 1 Dec | 11 Dec 2026 |
| 2020-21 Series III | 13 Nov – 7 Dec | 16 Dec 2026 |
💡 Gains are tax-free when RBI redeems your bond, whether early or at maturity. If you sell on the stock exchange instead, long-term capital gains tax of 12.5% applies. Redeeming early also means giving up the remaining 2.5% yearly interest. Gold at record highs is a good reason to review your bonds, but not on its own a reason to sell. Use our SGB premature redemption calculator to see what your series is worth and whether to redeem or hold.
4. ITR deadline for audit cases: 21 November
CBDT extended the deadline for taxpayers whose accounts need a tax audit (mostly businesses and professionals above the audit limits). Their tax audit reports were due by 21 October, and their income tax returns for AY 2026-27 are now due by 21 November 2026.
This doesn’t extend anything for salaried people. If you missed your original deadline, you can still file a belated return until 31 December 2026, with a late fee of up to ₹5,000 (₹1,000 if your income is up to ₹5 lakh), plus interest on any tax due.
5. GST changes from 1 November (mostly for businesses)
The GST Council met on 8 October 2026 and focused on compliance rather than tax rates. The changes that take effect from 1 November mainly help businesses:
- Faster refunds: the time to acknowledge a refund claim drops from 15 to 10 days, with 90% provisional refunds for eligible inverted-duty and zero-rated claims.
- Businesses with an inverted duty structure can claim refunds on credit for input services availed from 1 November, subject to the legal changes being notified.
- Draft versions of new return forms (GSTR-1, GSTR-1A) are open for public comments until 30 November, ahead of a planned 1 April 2027 launch.
- Bigger changes, such as removing GST arrest powers and raising the prosecution limit to ₹5 crore, need a change in the law and are targeted for 1 April 2027.
For shoppers, the GST part of the new rules from 1 November 2026 changes nothing: GST rates on what you buy stay the same.
6. Small savings rates: unchanged until December
The government kept small savings rates the same for October–December 2026, the ninth quarter in a row. The next review is due at the end of December.
| Scheme | Rate (Oct–Dec 2026) |
|---|---|
| Sukanya Samriddhi Yojana | 8.2% |
| Senior Citizens Savings Scheme | 8.2% |
| National Savings Certificate | 7.7% |
| Kisan Vikas Patra | 7.5% |
| Post Office 5-year Time Deposit | 7.5% |
| Monthly Income Scheme | 7.4% |
| Public Provident Fund | 7.1% |
| 5-year Recurring Deposit | 6.7% |
Comparing options for your savings? See our PPF vs FD vs SCSS comparison.
7. Festivals and holidays in November
Diwali falls on Sunday, 8 November, so many states close banks on Monday, 9 November for Govardhan Puja instead, and some on 11 November for Bhai Dooj. Chhath Puja is on 15–16 November and Guru Nanak Jayanti on Tuesday, 24 November. Bank holidays vary by state, so check our 2026 holiday list before planning a branch visit, and use the gold rate today page if you’re buying for Dhanteras.
Frequently asked questions
What are the new rules from 1 November 2026?
For most households, the main changes are the monthly LPG price revision on 1 November and the start of the life certificate window for pensioners below 80. GST changes from 1 November mainly affect businesses. The ITR deadline for audit cases moves to 21 November, and several Sovereign Gold Bond early-exit windows are open during the month.
What is the last date for the life certificate in 2026?
30 November 2026 for central government and most bank-paid pensioners. Those aged 80 and above could start from 1 October. EPS-95 pensioners can submit at any time of the year.
Has the ITR deadline been extended for salaried people?
No. The extension to 21 November only applies to taxpayers whose accounts need an audit. If you missed your deadline, you can file a belated return by 31 December 2026 with a late fee.
Will GST rates change from 1 November 2026?
No. The 1 November changes are about refunds, return forms and compliance for businesses. GST rates on goods and services you buy are unchanged.
Can I redeem my Sovereign Gold Bond early in November?
Yes, if your tranche is at least five years old and its request window is open. Apply through the bank, post office or broker where you hold the bond before the window closes. The money and your 2.5% interest for the period are credited on the redemption date.
Sources: All India Radio: CBDT extends ITR deadline for audit cases; Upstox: RBI’s SGB premature redemption calendar, Oct 2026–Mar 2027; Business Today: small savings rates for Q3 FY27; Business Today: GST changes from 1 November 2026; Goodreturns: LPG prices from 1 October 2026; Jeevan Pramaan portal.
Last checked: 1 November 2026. Always confirm deadlines with your bank, pension office or tax adviser.
We write practical guides on money, tax, salary, wellness and India news. Rates, rules and dates come from official sources such as RBI, SEBI, the Income Tax Department, India Code and government notifications, linked in each article with the date we last checked them. We don’t accept payment to change what we write.
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