As June rolls in, a bunch of new money rules are tagging along. Some may seem small, but they can quietly mess with your monthly budget. From changes in LPG cylinder prices to updates in EPFO withdrawals and credit card perks, there’s quite a mix coming into effect on June 1. It’s one of those times where keeping an eye on the details could actually save you money or at least avoid a surprise or two. Let’s walk through what’s changing.

LPG Cylinder Prices to Be Revised

Every month, LPG prices do this little dance — sometimes up, sometimes down. Last month, commercial cylinders dropped by ₹14.50, which was a relief for many small business owners. But the domestic ones in Delhi, still ₹853, no change. Now, on June 1, both domestic and commercial prices will get updated again. Fingers crossed for a drop, especially with fuel costs affecting almost everything these days.

EPFO 3.0 Rollout Expected

If you are a salaried employee, you have some good news. EPFO might launch its 3.0 version this month. What’s in it for you? Perhaps the ability to use UPI or even ATMs to quickly withdraw PF funds No more following up with HR for updates or waiting for approvals. It might even let you check your balance and transfer funds in real-time. Let’s hope it rolls out as planned.

Income Tax: Form 16 Deadline is June 15

If you’re salaried, keep an eye out, your employer has until June 15 to give you Form 16. It basically says, “Hey, we deducted your tax and gave it to the government.” You’ll need it when you file your income tax return. No big drama here, but don’t ignore it either.

Last Chance for Free Aadhaar Updates

Been putting off updating your Aadhaar? Well, time’s up. You can update your Aadhaar details for free on the myAadhaar portal until June 14, 2025. Miss that, and you’ll have to pay ₹25 online or ₹50 at a center. Not a huge sum, but why pay if you don’t have to?

SEBI’s New Cut-Off Time for Mutual Funds

The cutoff times for overnight mutual fund schemes are subject to change by SEBI. Cutoff times for offline and online activities are 3 PM and 7 PM, respectively, starting on June 1. This is to make things fairer and clearer when calculating NAVs. If you invest, just set a reminder as timing now matters more than ever.

FD Interest Rate Changes by Banks

Suryoday Small Finance Bank will adjust its fixed deposit interest rates effective June 1, 2025. Interest rates for deposits under ₹3 crore will now be between 4% and 8.4%. If you’re thinking about parking your money there, double-check the new rates, this could affect your returns.

Credit Card Rules Set to Change

Credit card users, heads up. Beginning on June 1, Kotak Mahindra will implement a new fee policy. HDFC Bank will update the lounge access policy for Tata Neu credit cards starting June 10, 2025. And Axis Bank, they’re making reward point changes starting June 20. Perks, cashback, categories, all could shift. So yeah, maybe take five minutes and read that tiny fine print for once.