Rules Change from 1st December: Only two days remain before the end of the month of November. December will then begin. Some rules are set to change starting in December. All these changes will directly impact your pocket. Let’s explore the changes expected on December 1st.
Unified Pension Scheme
Under the UPS scheme, central government employees who wish to shift from NPS to UPS are required to exercise their option before November 30th. The government had previously extended the deadline. However, it has now become clear that the window will not reopen after December 1st. Employees who have not yet exercised this option should do so immediately.
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Life Certificate for Pensioners
Millions of pensioners across the country are required to submit life certificates every year. The deadline for submitting life certificates is November 30th. If pensioners fail to submit life certificates, their pensions could be stopped starting in December.
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LPG Prices
Lipg cylinder prices will be revised monthly starting December 1st. Changes are made based on global crude oil prices and foreign exchange fluctuations. Currently, LPG cylinder prices are stable. However, experts suggest that this time, there may be minor changes due to the global market situation.