Rules Change from November 1: The month of November has begun today. Like every month, many rules have changed at the beginning of this month. On November 1, 2025, several rules will have been changed, which will directly impact you. Many rules related to bank nominations and GST are set to change. Find out how these changes will affect the common man’s pocket.
Changes in Bank Nominee Rules
For your information, starting today, bank customers can easily add up to four nominees to their accounts. This option has been implemented. If a person has an account or locker, they can easily add up to four nominees. Regarding this change, the bank says that this special decision has been taken to prevent misuse of funds in emergencies.
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New GST Slab to Be Implemented
The Government of India has implemented a new GST slab. This slab has been implemented from today. The government previously implemented four GST slabs. However, the remaining two GST slabs, ranging from 5% to 18%, have been implemented.
UPS deadline extended
The deadline for some employees who wish to switch from NPS to UPS has been extended. They have until November 30th to make their choice.
Submit Life Certificate for Pension
Retired individuals must submit a life certificate. They have until November 30th. This process can be completed through the bank or the Life Certificate portal. Upon completion, there will be no interruption in pension payments.
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PNB Changes Locker Charges
PNB, the country’s second-largest bank, has revised its locker charges. It is expected that this will be announced soon. However, it will take at least 30 days to be implemented.
Changes for SBI cardholders
If you have third-party apps like MobiKwik or Cred, you’ll have to pay a 1% fee. Additionally, adding a digital wallet with a value of more than ₹1,000 will also incur a 1% charge.
