New Year Dhamaka LPG Cylinder which will most definitely get the pocket of the person directly affected…

The year 2024 is not really far from the end; celebrations for the new year are commencing everywhere as 2025 beckons at the door. However, from January 1, 2025, many important rules might be changed that will have a direct outcome on your pocket. So, let us know how it will change in this news below-

Moving towards the end of the year 2024, everyone is busy celebrating the new year 2025. Meanwhile, from January 1, 2025, many important rules are likely to change, which will directly impact your pocket. The rules related to pension may also get amendments which will either provide new facilities or may create conditions for the pension holders. Apart from this, there may have been changes in LPG cylinder prices, which will prove costly for the gas consumers. Knowing these changes will help you budget well.

Change in LPG price-

Every first day of the month, oil companies revise the LPG prices. There has not been much happening in the recent past concerning the changes in prices of domestic gas, which is good news. In Ranchi, the price of the domestic gas cylinder is Rs 860 while it is Rs 803 per cylinder in Delhi. The price of gas cylinder in Bihar is Rs 892. Prices in different states varied but this stability has brought some relief to the consumers. (LPG Gas Cylinder Price)

Cart prices may rise –

If you are planning to purchase a vehicle in the new calendar year, brace yourself for a shock, as you may have to pay a little extra by then. Let us tell you clearly that car manufacturing companies may soon increase the price of vehicles by up to 3 percent.

From January 1, 2025, the Employees Provident Fund Organization (EPFO) would bring a significant change in pension withdrawal rules wherein the withdrawal procedures will be much easier. By the new rules, any employee could now withdraw his pension from any bank in the country. This step will make it more convenient to employees and smooth the process of withdrawal of pension. This change will further help to strengthen the financial position of the employee. (Change in pension withdrawal)

Big relief on UPI 123 Pay payment limit-

RBI increased the payment limit of UPI 123 Pay from 5000 rupees to 10,000, which is a great relief for the consumers. This new change will be effective in the financial year, starting on January 1, 2025. Now, using the UPI 123 Pay service, people would be able to transact such amounts easily. This decision aims to popularize the digital mode of transaction as well as to simplify the economic transactions, which would favor the customer.

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