From January 1, these rules will come into effect. Details here

Changes in some rules will come into effect from January 1. From bank lockers to CNG-LPG prices to credit cards, these affect the personal finance of the common man and hence it is important to know what these rules are.

These new/updated guidelines will be effective from January 1:

NPS Partial Withdrawal: Central government employees have to submit their withdrawal request to NPS (National Pension System) in the form of application for partial withdrawal and through their respective nodal offices. Supporting documents will be required to substantiate the reason for partial withdrawal.

Currently, the Pension Fund Regulatory and Development Authority (PFRDA) allows members to make partial withdrawals under NPS by self-declaration.

Bank Locker: Under the revised bank locker rules, the Reserve Bank of India (RBI) has directed banks to provide updated locker agreements to customers. According to an RBI notification, banks shall ensure that no unfair terms or conditions are included in the locker agreement.

High Security Registration Plates: For vehicles registered before April 1, 2019, it has been made mandatory to affix high-security registration plates (HSRP) and colour-coded stickers by December 31. Failure to do so will attract a fine. 5,000 onwards 10,000.

Credit Card: Many banks may change their reward point scheme for credit card payments in the new year. Hence, customers should redeem their credit card reward points by 31st December.

Car Prices: many car manufacturers will raise prices of their vehicles. These range from domestic car giants like Tata Motors and Maruti Suzuki to luxury brands like Audi and Mercedes-Benz.

gas cylinder prices first day of every month, Changes made, if any, to gas cylinder pricesare declared.


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