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Many big rules will change from April 1! Put an eye on changes related to LPG, banking, UPI and tax
News Update | March 29, 2025 6:24 PM CST

New Delhi: The march is about to end and the new financial year is going to start from 1 April 2025. Like every month, many important changes are going to be implemented this time, which will directly affect the pockets of the common people. These include changes in LPG cylinder prices, banking rules, UPI services, credit card benefits and tax slabs. Learn these new rules in detail.

1. Changes in LPG prices possible

On the first date of every month, oil and gas distribution companies amend the prices of LPG cylinders, on 1 April 2025, changes can also be seen. In the past, the prices of 19 kg cylinder fluctuated, but the prices of 14 kg of domestic cylinders have been stable for a long time. Relief is expected in the new financial year. In addition, the prices of CNG and PNG may also change, which will affect the expenses of the drivers. At the same time, if the air turbine fuel (ATF) becomes expensive, air travel can also be expensive.

2. Changes in credit card rules

If you use the credit card of SBI, IDFC First Bank or Air India, then this change can affect you – Swiggy rewards on SBI Simplyclick Credit Card will be reduced from 5 times to half. The IDFC First Bank Club Vistara Milestone is completely discontinuing Benefits.

3. Changes to bank account

Many banks including SBI, PNB are going to change the rules of minimum balance in savings account. Sector-wise new minimum balance limit will be set and fine can be imposed if there is no balance.

4. Important update for UPI users

If your UPI account is not active for a long time, then your mobile number will be removed from the bank record. If you want to continue UPI services, do transactions soon.

5. New Tax Rules

Middle class was given great relief in the budget 2025. Under the new Income Tax Bill – there will be tax exemption on annual income up to Rs 12 lakh. A standard deduction of Rs 75,000 will be available, which can make salary income tax-free of up to Rs 12.75 lakh. This exemption will be available only to those adopting new tax systems. In addition, the rules of tax deduction (TDS) on sources have also been amended, which will reduce unnecessary tax deduction and improve cash flow of taxpayers. The limit of TDS has been increased in various categories, which will provide relief to taxpayers.

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