By Admin 
From 1 July 2025, many important financial rules are going to change in India, which will affect everyone from the common man to business. These include aspects like UPI Payment, PAN card application, Tatkal train ticket booking, GST Return and HDFC Bank’s credit card. Government and institutions want to make the procedures more transparent and technically secure by implementing these rules.
New rule of UPI Chargeback
Till now, if the claim of chargeback on any transaction was rejected, the bank had to take the case again with permission from the National Payment Corporation of India (NPCI). But according to the new rule announced on 20 June 2025, banks can now re -process the right chargeback claims themselves, for this they will not have to wait for the approval of NPCI. This will give consumers a faster and effective solution.
Aadhaar compulsory for making new PAN card
Now if any person wants to make a new PAN card, then he will have to have an Aadhaar card. Till now any valid identity card and birth certificate used to work, but CBDT (Central Board of Direct Taxes) has made Aadhaar verification mandatory since 1 July 2025. Its aim is to prevent fake identity and fraud.
OTP and Aadhaar required in TATKAL Ticket Booking
If you book Tatkal tickets in the train, now this process will be slightly different. From 1 July 2025, Aadhaar verification will be necessary to book Tatkal tickets on the IRCTC website and mobile app. At the same time, OTP will also have to be entered while booking Tatkal tickets from 15 July 2025, whether you book online or from a PRS counter.
Apart from this, authorized ticket agents will no longer be able to book Tatkal tickets for 30 minutes before opening the booking window. AC class tickets from 10:00 am to 10:30 am. This ban will be made from 11:00 am to 11:30 am for non-AC tickets.
Rules also strict in GST returns
The GST Network (GSTN) has announced that the GSTR-3B form will not be edited from July 2025. Apart from this, now no taxpayer will be able to file the GST return of the last date after three years. This rule will apply to many return forms such as GSTR-1, GSTR-3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, GSTR-8 and GSTR-9. The purpose of this change is to promote the habit of filing returns on time.
Big news for HDFC Bank’s credit card users
From July 1, many new charges and reward policy are being made for HDFC Bank’s credit card holders. Now, if your expenses are more than 10,000 in the month, then 1 percent additional fee will be charged.
Apart from this, more than 50,000 utility bills, more than 10,000 online gaming, more than 15,000 fuel expenses and third party payments related to education or rent will also be charged 1 percent.
The maximum limit of all these charges has been fixed at 4,999 per month. Along with this, no reward points will be available on online skill-based gaming and the limit has been implemented on reward points received on insurance payment.
Also read: Electricity prices will now be fixed in the market! NSE will start ‘Electricity Futures’ from July, know how to benefit