With the beginning of March 2025, several new rules and regulations have come into effect, impacting household budgets, financial planning, and business operations. Here are four major changes that you need to know:

1️⃣ Increase in Commercial LPG Cylinder Prices

📌 Hike of ₹6 per cylinder for commercial LPG users.
📌 Impact: Businesses such as hotels and restaurants will see a rise in operational costs.
📌 Relief for households: No change in domestic LPG cylinder prices.

2️⃣ New Nominee Rules for Mutual Funds & Demat Accounts

📌 Investors can now add up to 10 nominees in their mutual funds and Demat accounts.
📌 Benefit: Easier and hassle-free asset transfer to legal heirs.
📌 This update ensures better financial security for investors and their families.

3️⃣ Changes in Insurance Premium Payment Rules

📌 The grace period for insurance premium payments has been reduced.
📌 Impact: If payment is delayed, policies may lapse faster.
📌 Advice: Policyholders must pay premiums on time to avoid financial risks.

4️⃣ KYC Update Mandatory for Punjab National Bank (PNB) Customers

📌 PNB has made KYC (Know Your Customer) updates mandatory.
📌 Risk of inactive accounts: Accounts without updated KYC may be temporarily deactivated.
📌 Action required: If you are a PNB customer, update your KYC to avoid disruptions in banking services.

📢 Conclusion: These new regulations may impact your financial plans and daily life. Make sure to stay updated and take necessary actions to avoid any inconvenience. 🚀💰