Starting May 1, 2025, several key policy changes will come into effect across India. These updates will directly impact salaried employees, pensioners, business owners, and the general public. The changes span across sectors including banking, railways, taxation, toll, and LPG pricing. Here’s a complete rundown of the major changes you need to know.
The Reserve Bank of India (RBI) has announced an increase in ATM transaction charges:
Post the free withdrawal limit, each transaction will now cost ₹23 instead of ₹21.
Customers get 5 free transactions at their own bank ATMs, and 3 in metro cities or 5 in non-metro cities at other bank ATMs.
This revision is due to the rising operational costs of ATM maintenance and services.
The Indian Railways has also revised its ticketing policies, effective May 1:
Waitlisted tickets will no longer be valid in Sleeper or AC classes.
Only General class will allow travel with waitlisted tickets.
The advance booking window is reduced from 120 days to 60 days.
There might be increases in ticket prices and refund charges as well.
The government is implementing the "One State, One RRB" policy:
Starting May 1, regional rural banks (RRBs) in 11 states will be merged.
The objective is to streamline operations and improve customer services.
States involved: UP, Bihar, MP, Rajasthan, Gujarat, Maharashtra, Karnataka, Odisha, Andhra Pradesh, West Bengal, and J&K.
As per usual practice, LPG cylinder prices are revised on the 1st of every month:
Domestic and commercial cylinder prices may increase or decrease.
The change will depend on international crude prices and subsidy policies, affecting household budgets directly.
Whether you're heading to an ATM, booking a train ticket, visiting your local bank, or refilling your gas cylinder — you'll feel the impact of these new rules starting May 1.
Stay informed, adjust your plans accordingly, and make sure you're prepared for these changes to avoid surprises.
