Rule Change From January 1: December will end today, 3D December 31. Tomorrow is January 1, and the year 2025 will start tomorrow. Many rules related to the commoner will also change. This includes LPG to GST and UPI.
Changes in these rules are going to affect your pocket directly. However, many rules change on the first date of every month. But this time, many more rules can be changed from January 1.
1. LPG cylinder price
On the first date of every month, oil companies revise the prices of LPG cylinders. During this time, companies can increase or decrease the cost of LPG cylinders. Many times, the company does not change the prices of gas cylinders.
2. Changes in GST rules
Many rules related to GST can be changed from January 1. This also includes MFA. This process will apply to all taxpayers who file GST.
3. Pension from any bank
EPFO can also change the pension rules from January 1. From January 1, employees can withdraw their pension amount from any bank. With this new rule, withdrawing pension amounts will be elementary.
4. Limit increased on UPI 123Pay
Customers who do not use smartphones can now transfer money from their bank account through feature phones. Its limit was earlier Rs 5 thousand; now it will be increased to Rs 10 thousand.
5. Time of trains will change
From January 1, there will be a change in the time of many trains. Many trains from the North Central Railway are included in the new timetable. A total of 15 trains, including Vande Bharat, running between Agra-Varanasi, have been included in these.
6. Car prices will increase
Buying a car from January 1 may be more expensive than before. Car companies like Maruti Suzuki, Hyundai, Mahindra, Honda, B, M, W, etc., are considering increasing prices. Ising said that from January 1, car prices may increase by up to 3%.