From May, many key changes including ATM charges, LPG prices, and railway ticket booking rules will come into effect. These may increase the financial burden of the middle and lower middle class. Many rules are set to change from May. New rules on ATM, and LPG are coming into effect. The sectors that will see changes in May include banking, ATM, and railways. These related services are set to become more expensive. Some services are becoming very expensive. Due to this, the financial burden on the middle and lower middle class of the country may increase. You can see in full in this post which services will be changed from May 1. The government is planning to bring a major change in the rules related to ATMs. ATM transaction fees may be increased. The RBI has already approved this.
Petroleum sellers review the price of LPG gas cylinders on the first of every month. Therefore, the price of cooking gas may change in May. The Modi government has already increased the price of domestic cooking gas by Rs. 50. The one state-one RRB rule is set to come into effect from May 1. According to this, 15 rural banks in 11 states will be merged. The number of RRBs will be reduced from 43 to 28. After the repo rate cut, many banks have changed the interest rates on savings accounts. The interest rates on fixed deposits have been revised.
The Railways has changed the ticket booking rules. Standby tickets in the sleeper and AC coaches will not be valid. This will only apply to general coaches. The booking period is also being changed from May 1. It has been reduced from 120 days to 60 days. Three major charges will be increased. These new rules will come into effect from May 1.
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Sowmiya Sriram

29/04/2025 01:49 PM