From LPG cylinder to mutual fund... These changes will happen!
From march 1, 2025, many important rules are going to change, which will have a direct impact on your pocket and everyday life. These changes include LPG cylinder prices, mutual fund rules, fixed deposit (FD) rules, bank holidays and UPI payment system.
LPG cylinder prices
On the first of every month, oil companies review the prices of LPG cylinders. New gas cylinder prices can also be released on march 1, 2025, which can make the cylinder cheaper or costlier. This change will have a direct impact on your household budget because increasing LPG cylinder prices can increase kitchen expenses and reducing them can provide relief. Let us tell you, on february 1, there was a reduction in the price of 19 kg commercial LPG gas cylinder.
Fixed deposit rules
FD rules are going to change from march 1. Banks have made changes in the interest rates on FDs, which can affect the returns on your investment. Apart from this, tax and withdrawal methods can also be affected. If you are thinking of investing in FD, then it will be beneficial for you to understand these changes.
The rule related to mutual funds will change
SEBI has made major changes in the rules of nomination in mutual funds and demat accounts from march 1, 2025. According to the new rules, now investors will be able to nominate 10 people in their demat accounts or mutual fund portfolios.
UPI payment system
Changes are also going to happen in the UPI payment system. Under the new rule, the Insurance-ASB service is being added to the UPI system, so that life and health insurance policy holders will be able to block the amount in advance for their premium payment. This change will make the payment of insurance premium much easier.
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