New Delhi
The central budget will be presented in the country today, which will be presented in Parliament, Finance Minister Nirmala Sitharaman. The eyes of the general public and the industry are on the budget, but at the same time some important changes are also being implemented from today, which can affect every house and pocket.
1. LPG cylinder prices change
On the first date of every month, oil marketing companies review the prices of LPG gas cylinders. In the last few months, the prices of 19 kg commercial gas cylinders have been changed several changes, while the prices of 14 kg of domestic gas cylinders remain stable. New rates are expected to be released on 1 February, which can provide relief to domestic consumers or increase prices.
2. Air Turbine Fuel (ATF) amendment in prices
Due to the increase in the number of travelers going to Prayagraj due to Mahakumbh 2025, the aerial fare was seen, after which the government and DGCA had to intervene. From February 1, oil marketing companies will amend the prices of air fuel (ATF). The prices of ATF were cut in the last months, and this time also such expectations are being expected. If the prices decrease, it can be cheaper to travel by air, but if there is an increase, the pockets of the passengers will be affected.
3. Changes in UPI transaction rules
A new rule related to UPI payment is going to be implemented from 1 February. The National Payments Corporation of India (NPCI) has decided to standardize the UPI Transaction ID. Now there will be transactions only with IDs with alphanumeric characters. If there are special characters in the transaction ID of an app, then that payment will be rejected. This change will affect the users of the UPI app including Paytm, PhonePe, Google Pay.
4. Maruti Suzuki’s cars will be expensive
The country’s largest car manufacturer Maruti Suzuki has announced to increase the price of several cars from 1 February. The company has decided to increase the prices of some models by Rs 32,500 due to increase in cost. It includes Alto K10, S-Presso, Celerio, Wagon R, Swift, Desire, Brezza, Ertiga, Ignis, Baleno, Ciaz, XL6, Fronx, Invisto, Gymny and Grand Vitara. If you are thinking of buying a new car, then it is important to keep this change in mind.
5. Changes in banking rules
Kotak Mahindra Bank has announced a change in its banking rules since 1 February 2025. Under this, free limit of ATM transactions can be cut and fees are expected to be increased on some other services. If you are a customer of Kotak Mahindra Bank, then these new changes will directly affect your banking expenses.
conclusion: From today, not only the budget will be presented in the country, but many important changes are also being applied. These include gas cylinders prices, air fuel rates, UPI rules, cars prices and amendment in banking services. These changes will affect every person’s pocket, so preparing in advance will be beneficial.
