Rule Changes From 1 February:A new month is starting from February 1. Finance Minister Nirmala Sitharaman will present the country’s budget on February 1. Along with this, some new changes are also going to happen with the new month. This change is financially related. It can have a direct impact on the pockets of common people. From next month, there is going to be a big change once again in the rules related to LPG gas cylinder price and UPI. Let us tell you what big changes are going to happen from next month…
1. Change in the price of LPG
LPG prices are revised across the country on the first of every month. Oil marketing companies update the prices of LPG cylinders. In such a situation, it remains to be seen whether the prices of LPG cylinders will be reduced or increased on the budget day. Let us tell you that the change in cylinder prices affects the pocket of the common man. Let us tell you that on January 1, oil marketing companies had reduced the rate of 19 kg commercial cylinder.
2. Rules related to UPI
There is going to be a big change in the rules related to UPI once again. 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 come into effect from February 1, 2025. From next month, transactions with IDs made of special characters will not be accepted from February 1. According to NPCI, from February 1, only alphanumeric characters (letters and numbers) will be used in the transaction ID. If a transaction ID other than this is generated, the payment will fail.
3. Maruti cars will become expensive
Keeping in mind the rising input costs and operating expenses, the country’s largest car manufacturing company Maruti Suzuki India Limited (MSIL) has announced to increase the prices of different models of its cars by up to Rs 32,500 from February 01 this year. The models whose prices will increase include Alto K10, S-Preso, Celerio, Wagon R, Swift, Dzire, Brezza, Ertiga, Eeco, Ignis, Baleno, Ciaz, XL6, Francox, Invicto, Jimny and Grand Vitara.
4. Changes in banking rules
Kotak Mahindra Bank has informed its customers about upcoming changes to its usual features and charges, which will be effective from February 1, 2025. These include revisions in free ATM transaction limits and updated fees for various banking services.
5. Change in ATF rates
Changes in the prices of aviation fuel Air Turbine Fuel (ATF) are possible from February 1. Oil marketing companies revise the prices of aviation fuel on the first of every month. That is, if there is a change in its prices on February 1, then it will have a direct impact on the pockets of air travelers.
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