Big Changes Coming in December 2024

November is about to end, and December will begin in just two days. Like every month, December is bringing some significant changes that will impact everyone.

These changes, effective from December 1, will range from updates in LPG cylinder prices to modifications in credit card rules. Here’s what to expect:

LPG Cylinder Prices Might Change

The government usually revises the prices of LPG cylinders on the first day of each month. These changes can affect both commercial and domestic cylinders.

In October, the price of a 19 kg commercial LPG cylinder was increased by ₹48, while domestic cylinder prices remained unchanged. A similar revision in LPG prices is expected in December.

SBI Credit Card Rules Update

Starting December 1, 2024, State Bank of India (SBI) will no longer offer reward points for transactions made on digital gaming platforms or merchants.

This update, announced on the official SBI Card website, means credit card users who frequently transact on these platforms need to take note of this change.

Banks Will Be Closed for 17 Days

The Reserve Bank of India (RBI) has released the bank holiday list for December, showing a total of 17 holidays across the month.

If you have any banking work, it’s advisable to check the holiday schedule before visiting the branch to avoid inconvenience.

New Traceability Rules for Commercial Messages

To tackle scams and phishing, the Telecom Regulatory Authority of India (TRAI) has extended the deadline for implementing the new traceability rule for commercial messages, including OTPs, to December 1, 2024. This rule was initially planned to be enforced from November 1, 2024.

New Traceability Rules from TRAI

The Telecom Regulatory Authority of India (TRAI) has extended the deadline for the new traceability rules related to commercial messages, including OTPs, to December 1, 2024.

These rules are designed to help prevent scams and phishing. The rules were initially set to take effect on November 1, but the deadline has now been pushed to December.

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