New Rule From January 01: There are only two days left for the year 2024 to end and preparations have started to welcome the new year 2025. At the same time, from January 1, 2025, there are going to be important changes in many rules in the country. This includes rules from LPG prices to EPFO. Let us know what will change this time from January 1 and what will be the effect on you.
New Rule From January 01: Usually, on the first date of every month, the government changes the price of LPG. For some time now, there have been many changes in the prices of 19 kg commercial LPG cylinder. However, the prices of 14 kg kitchen cylinders have remained stable in the country for a long time. In such a situation, a change in the price of LPG cylinder is expected this time too.
PF account holders can get a special gift in the beginning of the year 2025, through which withdrawal of PF money will be possible from ATM machine. The Labor Ministry is working on this. Recently, Labor Secretary Sumita Dawra said that the Ministry of Labor and Employment is upgrading its IT system to streamline PF withdrawal and improve service.
Recently, the Reserve Bank of India (RBI) has given great news for feature phone users. Now UPI payment of up to Rs 10,000 can be made using UPI 123Pay. This facility will start from January 1, 2025. Earlier this limit used to be Rs 5,000.
Recently, the Reserve Bank of India has given a big relief news for farmers. RBI has increased the limit of loan available to farmers without guarantee to Rs 2 lakh. The new rules will come into effect from January 1, 2025. Earlier this limit was Rs 1.60 lakh.
The National Stock Exchange has announced a change in the expiry day of its contracts. It will come into effect from January 1, 2025. NSE had issued a circular in this regard on November 29. Now the monthly contracts of Finnifty, Midcpnifty and Niftynext50 will expire on the last Thursday of the respective month. The monthly and quarterly contracts of Banknifty will expire on the last Thursday of the expiry month.