New Rules from 1 February 2026: From Cigarettes to FASTag – 5 Changes That Will Affect Your Wallet

From tomorrow, February 1, several rules and prices that directly impact daily life will come into effect. These changes cover items and services ranging from LPG and CNG to FASTag, cigarettes, and credit cards.

New Delhi: With the Union Budget 2026 set to be presented tomorrow, February 1, several other updates will also take effect. Households should be prepared for potential price adjustments and regulatory changes impacting everyday expenses. Here’s what you need to know:

1. LPG Cylinder Prices
Oil companies review LPG prices on the first of every month. As a result, the cost of domestic LPG cylinders may rise or fall from February 1. For instance, the 19-kg commercial cylinder has seen frequent fluctuations; last month, its price was reduced by ₹14.50.

2. CNG, PNG, and Aviation Fuel
Fuel prices for CNG, PNG (piped natural gas), and aviation fuel may also change from February 1. Any increase in CNG or PNG rates would raise household and commuting expenses. Similarly, changes in aviation fuel prices could affect airfares.

3. FASTag KYC Rules
The National Highways Authority of India (NHAI) has announced that the KYC verification process for FASTag will be fully eliminated. From February 1, after activating a FASTag, no additional KYC will be required. Banks issuing FASTags will now be responsible for completing all vehicle-related checks in advance.

4. Cigarettes, Pan Masala, and Tobacco Prices
Starting February 1, 2026, the cost of cigarettes, pan masala, and other tobacco products is expected to rise. The government plans to increase excise duty and cess on these items, separate from the standard GST, which will push up retail prices.

5. Credit Card Rule Changes
Banks such as HDFC and ICICI are also implementing changes in credit card rules from February 1. HDFC Infinia Metal credit card users will now be able to redeem reward points up to five times a month. ICICI Bank is discontinuing free movie ticket offers via BookMyShow on select cards, along with changes in reward point policies.

With these updates, Indian households may see adjustments in everyday expenses, from fuel and food to leisure activities and financial services.