NPS, Train Ticket Booking, interest on small savings... these 10 rules will change from October 1, see the full list..
Starting Wednesday, October 1st, people will face several significant financial changes that will impact their daily lives. These updates range from changes in banking charges and pension rules to railway ticketing regulations and increased speed post costs. Let's find out what's changing.
Changes in NPS
The National Pension System (NPS) is set to undergo major changes from October 1st. Non-government sector NPS subscribers will now be able to invest up to 100% in equities within a single scheme. However, this may increase the risk of returns. It will be entirely up to the investor to decide whether to invest 100% in the market. Similarly, investors will be given a PRAN number under the MSF (Multiple Scheme Framework), allowing them to manage different schemes.
New Rules on Index Options
A new framework for monitoring intraday positions in equity index derivatives issued by market regulator SEBI will come into effect from October 1st. Its purpose is to prevent risks arising from large exposures. Simply put, SEBI's new rule will monitor large trading positions held by individual entities during trading.
Easy to Visit India
From October 1st, it will become easier for foreigners to visit India. They will no longer need to wait in long lines at immigration counters. They will be able to fill out a digital arrival card online. There will be no need to upload any documents. Indian citizens and OCI cardholders will not need to fill this out.
Aadhaar Linked Train Ticket Booking
From October 1st, Indian Railways will only allow passenger ticket bookings through Aadhaar-linked IRCTC accounts for the first 15 minutes of the reservation window. The new rule will apply exclusively to online bookings through the IRCTC website and its mobile app. In the first 15 minutes of online train booking opening, only those who are Aadhaar-verified, i.e., those whose Aadhaar card is linked to their IRCTC account, will be able to book train tickets.
Interest on Small Savings
The government reviews the interest rates on small savings schemes like the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), National Savings Scheme (NSS), and Senior Citizens Savings Scheme (SCS) every quarter. This review will take place today. Following this review, new interest rates will be announced. These new rates will be applicable for the quarter from October to December 2025. It is believed that this time, interest in these schemes may be reduced.
Cylinder Price
Oil marketing companies review LPG prices on the first of every month. On September 1st, oil marketing companies reduced the price of a 19-kg LPG cylinder for the fifth consecutive month. However, the price of a 14.2-kg LPG cylinder used in households remained unchanged. Its price for ordinary consumers in Delhi remains at ₹853.
Repo Rate and Loan Installments
The RBI MPC meeting began on Monday. The decisions taken in the meeting will be announced on Wednesday. The RBI has cut the repo rate by 1% three times this year. However, this time the reduction is smaller. Any change will impact your loan installments. However, it may lead to a decline in interest rates on fixed deposits.
UPI Changes
The National Payments Corporation of India has issued new rules for UPI. According to these changes, starting October 1, 2025, a highly used feature on UPI apps, the peer-to-peer (P2P) "collect request," will be removed. To make payments through UPI apps, you will need to scan a QR code or select a contact number. Without this, UPI payments will not be possible through any other method. Experts believe this will significantly reduce fraud against UPI users.
Sending Speed Post will become more expensive.
The Department of Posts (DoP) has revised the charges for Speed Post (documents). While the charges have been reduced for some locations, they have been increased for most others. In addition, the Postal Department has introduced several new features, including OTP-based delivery, real-time tracking, and online booking. The Ministry of Communications stated that these revised fees will be effective from October 1, 2025.
Tightening of Online Gaming
The government has implemented a new law to make the online gaming industry more transparent and secure. Gaming companies will now be strictly monitored. This aims to protect players from fraud and deception, ensuring trust and transparency in the industry. All online gaming platforms will now be required to obtain a license from the government. The minimum age for participating in online real-money gaming will be 18 years old.
Disclaimer: This content has been sourced and edited from Navbharat Times. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
