New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. File Photo

New Financial Changes Effective November 2025: What Every Indian needs to Know

New Financial Changes Effective November 2025: What Every Indian needs to Know

New Financial Changes Effective November 2025: What Every Indian needs to Know

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

• Adults: ₹125 for biometric updates and ₹75 for demographic updates (name, address, DOB, mobile number).

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

• Adults: ₹125 for biometric updates and ₹75 for demographic updates (name, address, DOB, mobile number).

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

• Adults: ₹125 for biometric updates and ₹75 for demographic updates (name, address, DOB, mobile number).

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

• Adults: ₹125 for biometric updates and ₹75 for demographic updates (name, address, DOB, mobile number).

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

• Adults: ₹125 for biometric updates and ₹75 for demographic updates (name, address, DOB, mobile number).

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

• Adults: ₹125 for biometric updates and ₹75 for demographic updates (name, address, DOB, mobile number).

Citizens can now update and select demographic details online without submitting supporting documents.

4. New Charges for SBI Credit Card Users

4. New Charges for SBI Credit Card Users

4. New Charges for SBI Credit Card Users

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

7. Life Certificate Submission Window

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

7. Life Certificate Submission Window

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

7. Life Certificate Submission Window

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

7. Life Certificate Submission Window

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

7. Life Certificate Submission Window

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards

5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.

6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.

7. Life Certificate Submission Window

Government pensioners must submit annual life certificates in the window between November 1 and November 30, 2025. To ensure uninterrupted pension payments, submissions can be made through the Jeevan Pramaan digital platform or at pension disbursing banks.

New Financial Changes Effective November 2025: What Every Indian needs to Know

The government has come up with several key financial and tax-related reforms from November 1, 2025, impacting every Indian citizen. These changes focus on simplifying systems, increasing transparency, and aligning India’s financial ecosystem with global standards.

1. New GST Slab System

India has shifted from a four-tier GST structure to a simplified dual GST system. The earlier 5%, 12%, 18%, and 28% slabs have been replaced by two flat rates—5% and 18%. Luxury items will now attract a heavy 40% tax, replacing the old 28% category. This move is likely to streamline taxation, improve compliance with better clarity.

2. Up to Four Nominees for Bank Accounts and Lockers

Banks are required to clearly inform every customer about this facility: customers can now nominate up to four individuals for a single bank account, locker, or safe custody item. Account holders can also assign specific entitlement percentages to each nominee or list successive nominees — allowing automatic succession in case of a nominee’s demise.

3.Revised Aadhaar Update Fees

The UIDAI has revised Aadhaar updation charges to make the process more convenient and more transparent.

• Free for children: No fee for biometric updates (fingerprints, iris scan) for one year.

• Adults: ₹125 for biometric updates and ₹75 for demographic updates (name, address, DOB, mobile number).

Citizens can now update and select demographic details online without submitting supporting documents.

4. New Charges for SBI Credit Card Users

Starting November 1st, 2025

• 1% fee - Education-related payments made via apps like CRED, MobiKwik.

• 1% wallet load fee – Transactions above ₹1,000 using SBI Cards


5. FASTag Penalty System starting from November 15, 2025

A new penalty structure will apply soon:

• Cash payments: 2x toll charges.

• Digital payments: 1.25x toll charges.


6. NPS to UPS Transition Deadline

November 30th, 2025 is the deadline to switch from the National Pension System(NPS) to the Unified Pension Scheme (UPS) for Central Government Employees for availing benefits.


7. Life Certificate Submission Window

Government pensioners must submit annual life certificates in the window between November 1 and November 30, 2025. To ensure uninterrupted pension payments, submissions can be made through the Jeevan Pramaan digital platform or at pension disbursing banks.