Rules Change: 2024 will end just a few hours from now, and the new year will begin. Today, after precisely midnight, there will be essential changes in many rules related to the general public. Many such vital rules will change, which will directly affect your life. The things that will change from January 1, 2025, include the prices of LPG and new facilities for EPFO members to UPI users. So let’s know here in detail about some of the changes to be made-
Change in LPG price. The prices of domestic and commercial LPG cylinders change from January 1, 2025ed. Currently, the prices of 14 kg domestic cylinders are stable. In addition, the cost of AAT may change, which could affect the airfare in January.
ATM facility for EPFO members
From January 1, 2025, the central government can also issue ATM cards, like debit cards, to more than seven crore employees registered with EPFO to withdraw money from EPFO.
Changes in Fixed Deposit
RBI has changed the rules for fixed deposits for non-banking financial companies and housing finance firms. These new rules will be implemented on January 1, 2025.
Farmers will get a loan
Farmers can now take out loans of up to Rs 2 lakh without any guarantee from January 1, 2025. Earlier, this limit was Rs 1.6 lakh.
Limit increased on UPI 123Pa.y
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.
Car prices will increa.se
Buying a car from January 1 may be more expensive than before. Car companies such as Maruti Suzuki, Hyundai, Mahindra, Honda, B, M, W, etc., are considering increasing prices. Ising said that car prices may increase by up to 3%.