New Delhi:
Today is March 1. With the beginning of every new month, some rules are also changed (1 March Rule changes). From today too, many rules are going to change, which is sure to affect your pocket. From 1 March 2025, there is a change in the price of LPG cylinder to the interest rates of bank FD. The month of March has brought with it what changes have brought and what effect it will have on people’s pockets, know here.
LPG gas prices changed
On March 1, new prices of LPG cylinders have been fixed. The price of 19 kg commercial gas cylinder has been increased this month. Cylinder prices from Delhi to other cities have been increased by 6 rupees. Whereas during the budget last month, the price of 19 kg commercial gas cylinder was reduced by Rs 7. Now this relief has been withdrawn. Let us know that oil marketing companies change the price of LPG gas cylinder on the first date of every month. After the increase in the prices of LPG gas cylinder, the budget of the month of the people is bound to be affected.
Air turbine fuel prices change
A change in the ATF prices can be seen on 1 March 2025. This will have a direct impact on Air Travelers. Actually, oil distribution companies change the prices of air turbine fuel (ATF) on the first date of every month. If the ATF prices decrease, the airline companies can reduce their fare, then the fare price can increase, then the fare can increase.
It became easier to pay insurance premium from UPI
From 1 March 2025, it has become easy to fill the insurance premium through UPI. There has been a major change in the Unified Payment Interface (UPI) transaction. Under the new IRDAI rule, now payment of insurance premium from UPI has become easier than before. Insurance Regulatory and Development Authority (IRDAI) has launched a new feature called Insurance-ASBA (Application Supported Block Mount) through UPI. Which aims to make the payment process easier for customers. Through this, policy holders can block money for premium payment in their bank account. According to the circular, the new payment system has become effective from March 1.
Fixed deposit changes in interest rates
From 1 March 2025, the interest rates of fixed deposits (New FD Rates 2025) may change. Banks can also reduce interest rates on FD and increase. Banks can change interest rates according to their liquidity and financial needs.
Changes in rules for adding nominee to Mutual Funds and Demat Account
- From March 1, there has been a big change regarding mutual funds and demat accounts.
- Investors will be able to add maximum 10 nominees to their mutual fund portfolio and demat account.
- By 28 February, there was only facility to add the names of one or two nominees.
- All these nominees can be seen as a joint account holder or different nominees can be selected for different single account or folios.
- After this change, investors have more options.
- SEBI had issued a circular on 10 January itself regarding this change.
Deadline to activate UAN 15 March
The EPFO ​​has extended the last date for activating the universal account number (UAN) for the employees appointed in the current financial year and the last date for linking the bank account with Aadhaar to 15 March. Now UAN activation work will have to be completed by 15 March. Earlier, the date of February 15 was fixed for this.
Banks will be closed for 14 days in March
Before going to the bank in the month of March, see the bank holiday list, because the bank will be closed for 14 days in March (Bank Holiday in March 2025). In these 14 days, Holi, Eid-ul-Fitr and other festivals including other-fourth Saturday and Sunday are also involved in the weekly Holiday.
(Tagstotranslate) Rule Change 2025 (T) UPI Payment (T) LPG Price (T) Mutual Funds (T) DMAT Account (T) EPFO ​​(T) EPFO ​​(T) What from March 1 Fund (T) EPFO ​​(T) Demet Account (T) UPI Transaction
