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Many big changes will be implemented from January 1, 2025, know what will be the impact on your life – new rules from January 1, 2025 wednesday upi rasoi gas lpg cylinder price

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New Rules from 1 January 2025: The year 2024 is about to end and preparations to welcome 2025 are in full swing. With the new year, there are going to be changes in many important rules in the country. These changes are going to implement new rules on many areas ranging from LPG prices to EPFO ​​and UPI. These new rules will come into effect from tomorrow, January 1.

Change in price of LPG

The government usually changes the prices of LPG gas cylinders on the 1st of every month. Recently, there has been a lot of fluctuation in the prices of 19 kg commercial gas cylinders, while the prices of 14 kg domestic cylinders have not been changed for a long time. There may be a change in the prices of domestic LPG cylinders on January 1, 2025.

ATM withdrawal facility from PF account

PF account holders are going to get big facilities in the new year. The service of withdrawing money from PF account through ATM can start from the beginning of 2025. The Labor Ministry is upgrading the IT system to implement this service. This facility has been started to make the facility of withdrawing money from PF easier and faster.

UPI 123pay limit increased for feature phones

The Reserve Bank of India (RBI) has increased the transaction limit under UPI 123Pay for feature phones from Rs 5,000 to Rs 10,000. This rule will come into effect from January 1, 2025. Small businessmen and people of the area will benefit greatly from this.

Unsecured loan limit increased for farmers

Giving big relief to farmers, RBI has increased the limit of unsecured loan from Rs 1.60 lakh to Rs 2 lakh. This rule will also come into effect from January 1, 2025. This will help the farmers.

Contract expiry date changed in NSE

The National Stock Exchange (NSE) has extended the expiry date of monthly contracts of FinNifty, MidCPNifty and NiftyNext50 to the last Thursday of every month. Similarly, the expiry of monthly and quarterly contracts of Banknifty will also be on the last Thursday. The aim of these changes is to make the country’s economy and banking services easier.

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