New Financial Rules Effective June 1, 2025: Changes in LPG Prices, Credit Card Charges, and FD Rates Business Standard

Key Financial Updates to Impact Household Budgets from June 1

New Financial Rules Effective June 1, 2025: Changes in LPG Prices, Credit Card Charges, and FD Rates Business Standard

Starting June 1, 2025, several financial changes will come into effect in India, influencing daily expenses and savings. These include potential revisions in LPG cylinder prices, modifications in credit card fees and reward structures, adjustments in ATM withdrawal charges, and alterations in fixed deposit interest rates

The month of May is about to end and June 2025 will begin after two days. Like every month, this time too many important changes are going to happen, which will affect every family and their financial situation. While on the one hand there is a possibility of change in the prices of LPG cylinders used in the kitchen, on the other hand, changes will also be seen in the rules related to credit card. Let us discuss these major changes and their possible effects in detail.

On the first of every month, the eyes of the public are on the possible change in the prices of LPG cylinders, and this can happen on the first of May as well. Earlier this month, oil marketing companies have kept the prices of 14 kg domestic gas cylinders stable, while the prices of 19 kg commercial LPG cylinders have been reduced by Rs 17 per cylinder.

Price of CNG-PNG and ATF

There may be an important change for air travelers on June 1, 2025, which can cause relief or difficulty. Actually, oil marketing companies not only change the prices of LPG cylinders on the first of every month, but also revise the prices of Air Turbine Fuel (ATF). ATF prices were reduced in May, and there is a possibility of change in it in early June as well. Along with this, new prices of CNG and PNG can also be released.

The third important change is coming into effect for credit card users from the first date. If you use Kotak Mahindra Bank credit card, then from June 1 you may get a big shock. The main aspect of this change is related to auto debit transactions. If there is any problem in your auto debit transaction, a bounce charge of 2 percent can be levied by the bank, which can be a minimum of Rs 450 and a maximum of Rs 5000.

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