India has enacted a series of financial reforms in October 2025, targeting tax structures, mutual funds, and digital payments to boost investor protection and transparency. The revised income tax slabs offer relief to middle-income earners, while high-income taxpayers face capped deductions under Sections 80C and 80D. The Securities and Exchange Board of India (SEBI) has reclassified hybrid and thematic mutual funds, mandating clearer debt-to-equity ratios and enhanced risk profiling. Additionally, the Department of Economic Affairs has raised interest rates on small savings schemes, making them more appealing than fixed deposits. The Reserve Bank of India has introduced new credit card billing guidelines, including standardized due dates and a 30-day notice for policy changes. UPI transactions are now subject to new security thresholds, and the Pension Fund Regulatory and Development Authority (PFRDA) has increased NPS withdrawal limits at retirement from 60% to 70%. These reforms are expected to influence portfolio strategies, encouraging balanced diversification.