The new year is just around the corner. With the beginning of the new year, many big changes will also be seen. These changes will impact the households across the country. These new rules include changes in the prices of LPG cylinders used in the kitchen to the rules of UPI payment. These changes will get implemented from next year.
UPI 123Pay to get launched:
RBI will launch UPI 123Pay to facilitate online payment. Now users will get the facility to transact up to Rs 10,000 for online payment. Earlier this limit was only up to Rs 5,000. After this change, people will now be able to transfer large amounts easily and securely through UPI.
Change in the price of LPG:
Oil marketing companies will change the prices of kitchen and commercial LPG gas from 1st January 2025. Apart from this, changes can also be seen in the prices of air fuel.
New rule for pensioners:
From 1st January 2025, a new rule will be implemented by EPFO for all the pensioners. Under this new rule, pensioners will be able to withdraw their pension amount from any bank present in the country. For this withdrawal, they will not need verification as well.
Changes in share market rules:
An important change has been made in the monthly expiry of Sensex, Sensex 50 and Bankex index. Now this expiry will happen on Tuesday instead of Friday every week. Apart from this, the expiry of quarterly and half-yearly contracts will now happen on every last Tuesday. At the same time, NSE has fixed Thursday as the expiry day for Nifty 50 monthly contracts. With these changes, a new system will be implemented in the rules of trading in the market.
Farmers loan:
This fifth change is related to the farmers. Farmers will now be able to get a loan of Rs 2 lakh without guarantee from 1st January 2025.