Rules Change: From ATM to Income Tax! These rules are going to change from April 1..
Shikha Saxena March 28, 2025 10:15 AM

There are only a few days left for the new financial year 2025-26 to start. The new financial year will start from April 1. With the start of the new financial year, many financial rules will also change for crores of people. Today, through this news, we are going to tell you what is going to change from April 1.

These UPI accounts will be closed.

The National Payments Corporation of India has directed banks and payment service providers to update their databases or remove closed or recycled mobile numbers before March 31. According to NPCI, doing so can prevent the risk of errors and fraud. A recycled mobile number means assigning the closed number of an old user to a new user.

Charges will have to be paid for withdrawing money from an ATM

From May 1, you will have to pay a charge for withdrawing money from the ATM. Earlier it was Rs 17 but now it has been increased to Rs 19. Apart from this, for non-financial transactions like mini statements, and balance checks, a charge of Rs 6 is currently levied, which has been increased to Rs 7.

Cars will become expensive by up to 4 percent.

Since April 1, many big vehicle manufacturing companies are increased the price of their cars. Maruti is increasing the price by up to 4 percent. At the same time, companies like Hyundai, Mahindra, Tata Motors, Renault, and Kia have increased their price by 2 to 4 percent.

It is necessary to keep a minimum balance in savings account

From April 1, it is necessary to keep a minimum balance in your savings account. If you do not keep a minimum balance in the account, then you will have to pay a penalty. Many banks are changing their minimum balance rules.

RBI's positive pay system will be implemented

RBI has implemented a positive pay system to avoid fraud. Many banks are implementing this system. Under PPS, if you issue a check of more than Rs 50 thousand, then you will have to give some information about the check to the bank electronically.

Income tax rules will change.

Under section 87A of Income Tax, the tax rebate will increase from Rs 25,000 to Rs 60,000. This increased rebate will be applicable on taxable income up to Rs 12 lakh, which will not include income from capital gains.

IDS system will be implemented in GST.

The Government of India has made many changes in the rules of Goods and Services Tax. Under this, the Input Service Distributor System is going to be implemented from April 1, 2025. The purpose of this system is to ensure proper distribution of tax revenue among the states.


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