New Delhi, July 1 -- Starting July 1, a range of new rules will come into effect that could impact your everyday transactions, from filing income tax returns and applying for a PAN card to booking train tickets and using your credit card.

Here's a breakdown of the major changes that will affect taxpayers, bank customers, and railway passengers across India:

From July 1, the Central Board of Direct Taxes (CBDT) has made Aadhaar verification compulsory for all new PAN card applications. Until now, applicants could submit other government-issued IDs such as a driver's licence or birth certificate.

Booking Tatkal train tickets will now require Aadhaar-based verification. The Indian Railways has also introduced new safety measures for all t...