New Financial Rules from December: Many financial changes are going to happen in December, the last month of the year. Big changes are coming in LPG, CNG, ATF prices, pension life certificate and tax deadlines. Know which rules will affect your pocket.
December 2025 Financial Changes: Many big changes are going to happen in the last month of the year, which will have a direct impact on your pocket and budget. The financial rules that will change from December 1 include everything from LPG, CNG-PNG to ATF rates, tax filing and pension last date. If you are also unaware of these, then next month’s budget can go awry. Know here which rules are changing and what will be the impact on you…
New prices of LPG cylinder
Like every month, this time too the domestic and commercial rates of LPG cylinders can be updated on the morning of 1st December. Last month, the prices of commercial cylinders had decreased slightly, but this time whether there will be relief or the burden will increase, it will be known by Monday morning. This is important because the monthly budget of the house first sees the impact on LPG. Commercial rates can also have a big impact on hotels, dhabas and small businesses. For updated prices, please check the official websites of oil companies on 1st December.
Changes in UPS Pension Scheme
The last chance to join UPS (Unified Pension Scheme) brought for Central Government employees is only till 30th November, employees who want to shift from NPS to UPS will have to submit the option before the deadline. The government is in no mood to open this window again. If you miss the deadline, your chance to join UPS will be lost. Many ministries have issued final reminders to employees. If you also want to go to UPS, then complete the formalities before 30th November.
Last date of life certificate
The deadline for submitting life certificates for lakhs of pensioners across the country is November 30. If someone does not deposit on time, the pension may be stopped from December 1 until their verification is completed. Life certificate can be submitted by visiting bank branch, post office or digital mode Jeevan Pramaan.
Tax filing deadlines
November 30 is the last date for many tax compliances. This will be applicable to those filing statement of TDS deducted in October, submitting transfer pricing report under section 92E and Indian units of multi-national companies (Form 3CEAA will have to be submitted). From December 1, penalties, income tax notices and late fees may be imposed on late filing.
New rates of CNG, PNG and ATF
Like every month, this time too oil companies will change the rates of CNG, PNG and ATF. Due to this, CNG-PNG prices directly affect the household budget. If flight fuel becomes expensive, air ticket prices may increase.
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