Rule Change: From LPG to Credit Card, these 5 big changes will be implemented from June 1, it will affect the pocket!
Rule Change From 1st June: Many big financial changes can be seen in the country from the first date of June, which is starting two days later. These include everything from LPG cylinder prices to credit card rules.
The month of May is about to end and two days later June (June 2025) is going to start. Like every month, the next month is also going to start with many big changes (Rule Change From 1st June), the effect of which can be seen on every house and every pocket. On the one hand, there can be a change in the prices of LPG cylinders used in the kitchen of the house, while the rules related to credit card are also going to change. Let us know in detail about 5 such big changes and their impact…
First Change – LPG Cylinder Prices
On the first date of every month, the eyes of the public are fixed on the changes in the prices of LPG cylinders (LPG Cylinder Price Change) and there can be a change in them on the first date of May as well. Earlier in the beginning of May, while the oil marketing companies kept the prices of 14 kg domestic gas cylinders unchanged, the prices of 19 kg commercial LPG cylinders were reduced by up to Rs 17 per cylinder.
Second change – Price of CNG-PNG and ATF
The second change on June 1, 2025 can prove to be a relief or a problem for air travelers. In fact, oil marketing companies revise the prices of LPG cylinders as well as the price of air turbine fuel (ATF Price) on the first of every month. Its prices were cut in May and changes can also be seen in early June. Apart from this, new prices of CNG-PNG can also be released.
Third change – rules related to credit card
The third major change from the first date is related to credit card users. Actually, if you use Kotak Mahindra Bank Credit Card, then you may get a big shock from June 1. The biggest change in this is related to auto debit transactions. Actually, if the Auto Debit Transaction of the credit card user of this bank fails, then a bounce charge of 2 percent can be applied by the bank. This can be a minimum of Rs 450 and a maximum of Rs 5000.
According to the bank’s website, the monthly finance charge on most of the bank’s credit cards may increase from the first date. It can be increased from the current 3.50 percent (42% per annum) to 3.75 percent (45% per annum).
Fourth change – EPFO 3.0 launched
The government can launch the new version of EPFO, EPFO 3.0, on the first date of June. Recently, Union Minister Mansukh Mandaviya also shared information about its benefits and changes on his social media account. With the launch of the new version of EPFO, more than 9 crore members of the country can get the facility of withdrawing PF money from ATM (ATM PF Withdrawal).
Fifth change – Aadhaar update facility ends
The next change to be made in the month of June is related to Aadhaar Card. However, this change will not be seen from the first date, but after June 14. Actually, UIDAI has given the facility of free Aadhaar card update to Aadhaar users and its deadline is June 14. Meaning, if you are not able to get Aadhaar Free Update done by this last date, then a fixed fee of Rs 50 will have to be paid for this work.
The post Rule Change: From LPG to Credit Card, these 5 big changes will be implemented from June 1, it will affect the pocket! first appeared on informalnewz.
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