With the start of november 2025, several important rules across banking, Aadhaar, pensions, and GST have changed. These updates will directly affect how you manage your finances and everyday transactions.
1️⃣ Bank Account Rules
· Multiple Nominees Allowed: customers can now add more than one nominee to their savings accounts and lockers.
· Why It Matters: This ensures safer inheritance and simplifies legal claims on your bank assets in case of emergencies.
· Other Changes: Some banks may update fees for digital wallet transactions or non-educational payments via credit cards.
2️⃣ Aadhaar Rules
· Biometric Updates Free for Children: parents can update children’s Aadhaar biometric details without any fee for the next year.
· Impact on Citizens: This reduces the hassle and cost of maintaining Aadhaar accuracy, especially for minors.
· Digital Process: uidai has made the update process fully digital, making it faster and easier for everyone.
3️⃣ Pension & government Employee Rules
· Dearness Allowance Reset: As per the 8th Pay Commission, the DA (Dearness Allowance) will be reset to zero, impacting monthly pension and salary calculations.
· Impact on Employees: Pensioners and central government employees may notice temporary adjustments in their paychecks.
4️⃣ GST & Tax Updates
· GST Compliance & Deadlines: Certain filing deadlines and invoicing rules under GST have been updated.
· Income Tax Relief: ITR filing deadlines have been extended till december 10, 2025, giving taxpayers extra time to file without penalties.
💡 Overall Impact on Your Pocket
· Safer banking and easier Aadhaar updates reduce legal and administrative costs.
· Pension reset may temporarily affect government employees’ monthly income.
· Extended tax filing deadlines prevent late fees for individual taxpayers.
· Changes in bank and GST rules may impact digital transactions and payment charges.
Disclaimer:
The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk..jpg)
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