This information is crucial for you if you are among those who put their hard-earned money into fixed deposits (FDs) to protect it. The bank FD regulations have undergone several significant revisions as of march 2025. These new regulations may impact tax and withdrawal procedures in addition to your returns. Therefore, it will be helpful for you to grasp these modifications if you want to conduct FD in the future.
Change In Interest Rates For FD
We would like to inform you that banks have changed the interest rates on FD as of march 2025. Banks may now maintain interest rate flexibility based on their liquidity and financial needs, which allows interest rates to rise or fall. The increased rates may have an impact on small investors, particularly those who have made FDs for five years or less. The increased rates may have an impact on small investors, particularly those who have made FDs for five years or less.
LPG Price
Oil firms revise LPG pricing on the beginning of each month. Under such circumstances, the price of cylinders can fluctuate early on march 1, 2025. At six in the morning, the updated pricing can be made public.
CNG-PNG and ATF rates
Let us inform you that oil firms also alter the cost of aviation fuel, such as CNG-PNG and air Turbine Fuel (ATF), on the first of each month.
click and follow Indiaherald WhatsApp channel