The new month will begin on February 1, 2025, as well as some important policies. These changes can directly affect the economic status of the common people. LPG gas cylinders, UPI transactions, car prices, banking rules and air fuel prices are going to change.
LPG cylinder prices are rebuilt across the country on the first date of every month. It will be interesting to see whether prices will decrease or increase on the budget day. Earlier on January 1, the price of a commercial cylinder of 19 kg was reduced.
The National Payments Corporation of India (NPCI) has decided to block some UPI transaction ID. Only alphanumeric letters ID will be accepted from February 1, 2025. If the ID is with any other special character then the payment will fail.
Maruti Suzuki India Limited (MSIL) has announced that the prices of some of their model will increase from February 1. Prices Rs. There may be an increase of up to 32,500. These include cars such as Alto K10, S-One, Wagon R, Swift, Baleno, Grand Vitara.
Kotak Mahindra Bank is to implement some new rules on banking services for their customers from February 1. The limit of free ATM transactions may be reduced and new fees will be applied to some services.
Oil marketing companies improve air fuel prices every month. If the price of ATF rises on February 1, air travel can be expensive.
The common man makes a full account of his home costs from the daily expenses to the future. When the government prepares such accounts, it is called 'budget'. Click here to read more news about the budget.
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