India News Get -BusinessRules Change from January 1, 2025; Suzuki Tata Car Prices Rise | LPG gas bottles
The new year i.e. 2025 has brought many changes. These changes will also affect your life and your pocket. Cars from Maruti Suzuki, Hyundai, Tata Motors, Kia India and JSW MG Motor India have become expensive.
At the same time, 19 kg commercial gas cylinders have become cheaper by Rs 16. It will now be available in Kolkata for Rs 1811. There has been no change in the prices of domestic cylinders. On the other hand, you will now be able to send up to Rs 10,000 via UPI from feature phones.
10 changes that will happen in January…
1. Cheaper Commercial Cylinder: Price reduced by Rs 16, no change in domestic cylinder prices.
From today, a 19 kg commercial cylinder has become cheaper by Rs 16. Its price in Delhi has decreased by Rs 14.50 to ₹ 1804. Earlier, it was available for ₹ 1818.50. In Kolkata, it is available at a price of ₹1911 after a discount of 16 rupees, previously its price was ₹1927.
In Mumbai, the price of the cylinders has reduced by Rs 15 from Rs 1,771 to Rs 1,756. The cylinder is available for Rs 1,966 in Chennai.
On the other hand, there is no change in the prices of 14.2 KG domestic gas cylinders. It is available for ₹803 in Delhi and ₹802.50 in Mumbai.
2. Increase in UPI payment limit: Payment up to Rs 10,000 via feature phone
Now a payment of up to Rs 10,000 can be made through a feature phone. RBI has increased the limit of UPI 123 from Rs 5,000 to Rs 10,000. With the help of UPI123Pay, users can make UPI payments from feature phones.
In this, all types of transactions can be done except scanning and payment. For this reason, Internet is not required for payment. To use this feature, users need to link their mobile number and bank account.
3. Buying a car is expensive: Many companies, including Maruti and Hyundai, have increased vehicle prices.
Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Kia India and JSW MG Motor India have also increased the prices of their vehicles. Maruti Suzuki cars became more expensive by 4%, Mahindra & Mahindra cars by 3% and Kia cars by 2%.
4. Closed Bank Account: Dormant, Inactive and Zero Balance Account of RBI
The Reserve Bank of India has decided to close three types of accounts. As per the new RBI guidelines, dormant accounts, inactive accounts and zero balance accounts will be closed.
Dormant Account: An account in which there have been no transactions for two years or more. Inactive Account: Accounts that have been inactive for the past 12 months or more will also be closed. Zero balance account: Accounts in which there has been a zero. balance for a long time. If there is a balance, these accounts will also be closed.
5. Amazon password sharing: will be able to connect on up to 5 devices
Amazon has introduced a new password sharing rule for its Prime members in India. Starting January 2025, Prime members will be allowed to connect to up to 5 devices, including up to 2 TVs.
6. Loan to farmers: Loan up to Rs 2 lakh will be available without collateral
RBI has increased the limit of loans to farmers without collateral to Rs 2 lakh. Earlier, this limit was Rs 1.60 lakh. In 2010, the Reserve Bank had set a limit of Rs 1 lakh for providing loans to the agriculture sector without any collateral. Later, in 2019, it was increased to Rs 1.6 lakh. Now, farmers will be able to take loans of up to Rs 2 lakh from banks without any collateral for agriculture or any other related needs.
7. Rules for retirees: now you can receive a pension from any bank
New rules have been implemented for retirees by the Employees’ Provident Fund i.e. EPFO. Now retirees will be able to withdraw their pension amount from any bank in the country and for this they will not need any additional verification.
8. F&O expiration: Expiration of four F&O contracts revised
After discontinuing the weekly contracts of Nifty Bank, FinNifty, Midcap Select and Next50, the National Stock Exchange (NSE) has revised the monthly expiry of these four F&O contracts. From January 1, 2025, these contracts will expire on the last Thursday.
Previously, Nifty Bank’s monthly and quarterly contracts expired on the last Wednesday of the month, while FinNifty expired on Tuesday. Midcap Select expired on Monday and Nifty Next50 expired on Friday.
9. WhatsApp will not work: Will not work on smartphones with Android version 4.4
WhatsApp will no longer work on Android 4.4 (KitKat) and below starting January 1. Besides WhatsApp, other Meta platforms like Facebook and Instagram will also stop working on these smartphones. The company made this decision for security reasons. Old technology lacks the necessary security features, increasing the risk of hacking.
10. ATF cheaper by Rs 1,560.77: Air travel can get cheaper
Oil marketing companies have reduced aviation fuel (ATF) prices. This can make air travel cheaper. According to the Indian Oil website, ATF in Delhi has become cheaper by Rs 1,401.37 to Rs 90,455.47 per kiloliter (1,000 litres).
CityATF Price Now (rupees per kiloliter(ATF price first)rupees per kiloliter)Cheap (Rs) Delhi90 455.4791 856.841 401.37Calcutta93 059.7994 551.631.49 1.84Mumbai84,511.9385,861.021,349.09Chennai93,670.7295,231.491,560.77
No change in petrol and diesel prices: Petrol in Delhi Rs 94.72 per liter
There has been no change in the prices of petrol and diesel even today i.e. on January 1. Currently, petrol in Delhi is sold at Rs 94.72 per liter, while diesel is sold at Rs 87.62 per litre. While in Mumbai, petrol is available at Rs 103.44 and diesel at Rs 89.97 per litre.