As soon as the new financial year starts from April 1, 2025, there have been many changes, which will have a direct impact on your life. Whether it is a reduction in the price of cylinder or a change in the banking system and a pension scheme. In such a situation, let us know what are the 10 major changes, which have been implemented from the first day of the new financial year and what is going on on your pocket:

1-Gas cylinder cheaper:

Gas cylinders from Delhi to Mumbai and Chennai reduced. Commercial gas cylinders have been announced up to Rs 40. However, there has been no change on domestic gas cylinders. According to the Indian Oil Corporation, the price of commercial gas cylinders in the national capital Delhi is now Rs 1762 and it has been reduced by Rs 41. Whereas in Kolkata, after 44 rupees 50 paise, the new price of commercial gas cylinders has increased to Rs 1868.50. Whereas, the prices of commercial gas cylinders in the country’s financial capital Mumbai have been cut by Rs 42, after which it has now become Rs 1713 to 50 paise. So if we talk about Chennai, then the new price of the cylinder has increased to 1921 rupees 50 paise after a shortage of Rs 43.

2- 12 lakh income free of income

In the new financial year, you will not have to pay any tax on earnings up to Rs 12 lakh. Union Finance Minister Nirmala Sitharaman gave great relief to the salaried and middle class in the budget presented for FY 2025-26. That is, now income of 12 lakh 75 thousand rupees will be free. Standard deduction of 75 thousand rupees will be available.

3-ups changes

From April 1, the Unified Pension Scheme replaced the old pension scheme, which was started by the government in August 2024. The UPS will affect about 23 lakh central government employees.

4-Credit Card Rules Change

On the new financial year, State Bank of India, Axis Bank and IDFC have announced a change in their credit card rules. Reward points, fees and other changes have been made under the new rule, as well as the cashback and offers received earlier.

5-jet fuel cheaper

Air travel is expected to be cheaper in the new financial year. Oil companies have reduced fuel prices used in airplanes. While the price of prison fuel in the national capital Delhi has been reduced by Rs 90 thousand per liter, in Mumbai its new price has been reduced by 84 thousand rupees per kiloliter. However, in Chennai and Kolkata, the prices of ATF are still more than 90 thousand kiloliters.

6-bank minimum balance

All government banks like SBI, Canara and PNB have announced to increase the minimum amount of minimum balance. However, this minimum balance has been decided on the basis of urban, semi urban and rural areas. If an account holder keeps less than that minimum balance in a month, then penalty will be applied on it.

7- Vehicles will be expensive

Trains are also going to be expensive from today. On one hand, while BMW to Maruti Suzuki, Tata Motors and Kiya have announced to increase the price of vehicles, on the other hand, Mahindra & Mahindra and SUV have also increased its price.

8- Change in UPI Rules

In view of the increasing digital transaction and the role of UPI in it, the National Payments Corporation of India issued several rules regarding its safety. It has been implemented from April 1, after which instructions have been given to gradually remove the mobile numbers linked to the UPA of Google Pay, Google Pay.

9- Toll became expensive

Today, the National Highway Authority of India has made toll tax expensive. That is, now more money will have to be paid on toll than before. NHAI has approved the different tolls and different charges on the national highway, which has been implemented.

10-10 -lic Santop Paper Closed

Physical stamp paper of 10 thousand to 25 thousand rupees was closed in Uttar Pradesh from April 1. This move of the government, which was started with the aim of promoting digital, will not only increase transparency but e-stamping will give people a lot of convenience.

11- Changes in GST Rules

Some important changes in GST i.e. Goods and Services Tax Rules are also going to happen from April 1. E-way bills will not be made on the Aadhaar document more than 180 days. Also, there will be multi -factor authentication on the GST portal.

12-Digilocker changes

Some changes have also been made in DigiLocker, after which investors will now be able to keep the demat account holding statement and consolidated account statork in the digilage. The purpose of SEBI to do this is to make investment management easier along with losing documents or protecting them from forgetting.

13- Changes in home loan rules

From today, the rules of home loan have also changed now. On behalf of the Reserve Bank of India, the new rule was implemented in the Prereity Sector Lending, which will replace the old rules of 2020.

14- Mutual fund change changes

From today you will also see a change in the rules of mutual funds. According to SEBI’s new rule, funds collected through new fund offers will have to invest within 30 business days.

15-Fastag Compulsory in Maharashtra

Now Fasttag has been made mandatory in the financial capital Mumbai. If there is no fasttag on a car, then the driver or the vehicle owner will have to pay double cash. It has been implemented for the purpose of promoting digital payment. However, it was already implemented in many parts of the country.

Also read: Government gift on Navratri, gas cylinders cheaper in Delhi Rs 41, know the new rates of the rest of the metros