Rules Changed From 1 March- Do you know that the rules have changed from March 1, know the full details

As we all know some rules change at the beginning of each month, which affects our daily life and financial situation. There have been many new rules and updates from March 1, 2025, which can affect your pocket, your travel plans, and your investments. Let's know about these rules-

1. Change in LPG cylinder price

The price of LPG cylinders is adjusted by oil marketing companies on the first date of every month and there was no change in it even on March 1, 2025.

2. Change in Air Turbine Fuel (ATF) prices

Airline fuel prices, known as Air Turbine Fuel (ATF), are revised every month. On March 1, 2025, the price of ATF has either increased or decreased, which will have a direct impact on air travel.

3. Easy payment of insurance premium through UPI

There was a significant change in payment methods with the launch of the Insurance-ASBA (Application Supported by Blocked Amount) facility for insurance premiums. From March 1, 2025, policyholders will be able to pay their insurance premiums more easily through UPI. This new feature allows users to block funds in their bank accounts to pay for their life and health insurance policies.

4. More nominee options for mutual fund and demat accounts

Investors have more flexibility from March 1, 2025, with the Securities and Exchange Board of India (SEBI) allowing investors to add up to 10 nominees to their mutual fund portfolios and demat accounts. Earlier, investors could add only one or two nominees.

5. Change in fixed deposit interest rates

From March 2025, banks can revise their fixed deposit (FD) interest rates based on their liquidity and financial needs. If you already have an FD or are planning to invest in it, your returns may be affected. It is a good time to check the latest rates before making any investment decision.

Disclaimer: This Content Has Been Sourced And Edited From [Ndtv]