look news india
The New Year has started. The year 2024 has now become history. But with the beginning of the new year, there will be many changes which will have a direct impact on your pocket. Although there are some changes that will make our lives easier, there are also some reasons due to which we will have to face financial losses.
Now you have to spend more to buy a car
Most car manufacturers 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 have 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.
There will be many changes in EPFO
EPFO is going to launch ATM card this year. With its help, you can withdraw your EPFO money from ATM anytime. Besides, the contribution limit of PF account holders may also change. Currently employees contribute 12 percent of their basic salary to the EPF account, which can be carried forward.
You can make more payments through UPI 123Pay
RBI has given a new gift to online payment users. From January 1, if you use UPI 123Pay facility for UPI payments, you can now make online payments up to Rs 10,000. Earlier this limit was up to Rs 5,000.
Farmers will get loan up to Rs 2 lakh without guarantee
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, all banks have been instructed to implement the new guidelines and inform the farmers about it. However, RBI has not made any change in the interest rate in this regard.
Many rules changed regarding GST
Multi-factor authentication will be made mandatory for all taxpayers using the GST portal from January 1. This will help in improving the digital security of GST and simplifying GST filing. This process will be applicable to all GST filing taxpayers.
Now WhatsApp will not work in old phones
WhatsApp will stop working on many old Android phones from January 1. WhatsApp’s parent company Meta has recently taken this decision. This rule will apply to some old smartphone models of companies like Samsung, HTC, LG, Sony and Motorola.
