As 2024 bows out and 2025 several major changes related to personal finance and banking are coming into effect from January 1 2025 including new prices for cooking gas new features for UPI users and new facilities for EPFO members. Let us take a look at some of the key changes that will affect every common citizen. LPG prices The government revises the prices of LPG cylinders at the beginning of every month and the prices of 19 kg commercial LPG cylinder have fluctuated in the past few days even as the price of 14kg subsidized LPG cylinder have remained stable for a long period. It is expected that the prices of LPG cylinder will be revised at the start of new year. ATM facility for EPFO members Over 7 crore employees who are registered with the Employees Provident Fund Organization (EPFO) may get a special gift on new year as the central government is working on enabling the facility to withdraw provident fund from ATM like a regular debit card. In an earlier statement a senior official of the Union Ministry of Labor and Employment said the government was in the process of enhancing its IT systems in order to provide better services to the countrys workforce. We are improving the IT system of our PF provision. Even before this we have seen many improvements which have increased the speed of claims and self-claims Labor Secretary Sumitra Dawra had said. She said that EPFO members can can expect major improvements from next year including the facility to withdraw PF from any ATM in the country. UPI limit enhanced for feature phones The Reserve Bank of India (RBI) recently extended the UPI facility to feature phones that lack internet capabilities. The UPI 123Pay facility enable feature phone users to make payments of up to Rs 5000 via UPI but the limit has now been extended to up to Rs 10000 and changes will come into effect from January 1 2025. NSE contracts to expire The National Stock Exchange (NSE) recently announced the expiry date of its contracts. In its circular issued on November 29 2024 NSE informed that its monthly of FinNifty MidCPNifty and NiftyNext50 will expire on the last Thursday of the respective month while the monthly and quarterly contracts of BankNifty will also expire on the last Thursday of the expiry month. The changes will come into effect from January 1 2025.