With the beginning of May 2025, many big rules are going to be implemented in the country, which will directly affect your everyday life and pockets. From LPG gas cylinder prices to ATM transactions and railway booking, the impact of these changes will reach every house. Let us understand these new rules in detail and know how they will affect your budget.
LPG cylinder: Kitchen budget will be challenged
On the first date of every month, oil companies review the prices of LPG gas cylinders. In May 2025, there is a possibility of change in the price of domestic and commercial cylinders. In recent months, where the prices of commercial cylinders were seen fluctuating, the prices of domestic cylinders remained stable. But this time the increase or decrease in prices can affect your monthly budget. If prices rise, the kitchen expenses are sure to increase, and if relieved, the common man may get a little relaxed breath.
ATM Transaction: Now preparing to loosen pockets
ATM transactions can be expensive from May 1, 2025, under the new rules of Reserve Bank of India (RBI). If you cross the free transaction limit, the fee on withdrawing cash will increase from Rs 17 to Rs 19 per transaction. At the same time, the charge of checking the balance will increase from Rs 6 to Rs 7. This means that those using ATMs again and again will now have to pay more attention to their pockets. Experts recommend to keep the number of transactions less and use digital payment more.
Railway Booking: Travel will be more strict
Railways have also announced a change in ticket booking and travel rules. From May 1, passengers with waiting tickets will not be able to travel in sleeper or AC coaches. Doing this may have to be fined. Also, the period of advance reservation has been reduced from 120 days to 60 days. The purpose of these changes is to further organize the journey, but the passengers will now have to do more planning than before. If you are planning a summer holidays, do not forget to book tickets on time.
Banking and other changes
There is also a possibility of change in the rules to minimum balance and fixed deposit (FD) in banks. Some banks may increase the minimum balance limit, and may not be fined for not following it. At the same time, FD is expected to amend interest rates, which may be good or bad news for investors. In addition, new features such as digital verification can be added in UPI transactions and gas cylinders booking, which will increase safety and convenience.