Rule Changes February 1st – LPG Prices, UPI, Banking & More You Need Known

By

Priyanka Singh

Rule Changes From February 1: A new month will start from February 1. Some rules are changed on the first date of every month. On the other hand, Finance Minister Nirmala Sitharaman will present the country’s budget on February 1. The general public has high expectations from this budget.

The changes in the budget can have a direct impact on the pockets of the ordinary people. Changes can be seen in LPG gas cylinder prices and banking rules starting next month. So let’s take a look at the changes to be made next month:-

LPG prices change

Oil marketing companies update the prices of LPG cylinders. Whether the prices of LPG cylinders will be reduced or increased on the day of the budget will be known on February 1. Let us tell you that the change in cylinder prices can affect the pockets of the general public. On January 1, oil marketing companies reduced the rates of 19 kg commercial cylinders. UPI related rules

UPI-related rules change

. The National Payments Corporation of India has decided to block some UPI transactions. A circular was also issued in this regard. The new rules will be implemented from February 1, 2025. Starting on February 1 of next month, transactions with IDs made of special characters will not be accepted. According to NPCI, only alphanumeric characters will be used in transaction IDs from February 1.

Banking rules will change.

Kotak Mahindra Bank has informed its customers about the upcoming changes in its general facilities and charges, which will be implemented from February 1, 2025.

These include amendments to the free ATM transaction limit and updated fees for various banking services.

Change in ATF rates

Changes in the prices of aviation and air turbine fuels are possible starting February 1. Oil marketing companies revise the prices of aviation fuel and Air Turbine Fuel on the first of every month.



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