The new year has brought new energy and happiness for the whole world, but at the same time, some changes taking place in this new year are going to affect the common people, because many rules are going to change in the year 2025. The year 2025 has brought good news for the farmers while the vehicles of car companies are going to become expensive. Along with this, there is also going to be a change in the rules related to fixed deposits.
So without wasting time let us tell you which rules are going to change.
Farmers will get loan without guarantee up to Rs 2 lakh
The year 2025 has brought good news for the farmers. Farmers can now take loans up to Rs 2 lakh without any guarantee. Earlier its limit was Rs 1.6 lakh. In this regard, instructions have been given to all the banks to implement the new guidelines and to inform the farmers about it. However, RBI has not made any change in the interest rate regarding this.
Changes in GST rules
There are going to be changes in many rules related to GST from January 1. It also includes Multi Factor Authentication (MFA). This process will be applicable to all those who file GST. Its objective is to make the GST filing process more secure.
buying a car will be expensive
Buying a car is going to be even more expensive in the new year because most of the car manufacturing companies have already announced that they will increase the prices of their cars in the new year. From Maruti Suzuki, Hyundai India, Tata Motors, Mahindra to Kia Motors had already said that they are going to increase the prices of their cars by 1 to 4 percent. Apart from this, luxury car manufacturing companies BMW, Audi, Mercedes etc. have also announced to increase the prices of their cars.
UPI 123Pay limit increased
In the new year, RBI has given a new gift to the users making online payments. Now from January 1, if you want to make UPI payment UPI 123PayIf you use the feature, now you will be able to make online payment of up to Rs 10,000.
There will be changes in EPFO
EPFO is going to launch ATM card this year. With its help, you can withdraw your EPFO money from ATM anytime. Also, there may be a change in the contribution limit of PF account holders.
LPG price
The prices of LPG (LPG) are revised on the first of every month. In such a situation, it remains to be seen whether oil companies make any changes in LPG prices on January 1, 2025 or not.
