June 4, 2025

India has rolled out multiple financial changes starting June 1, 2025, aimed at improving digital efficiency and tightening spending systems. The Employees’ Provident Fund Organisation has officially launched EPFO 3.0, introducing features like ATM-style cards for quicker PF withdrawals, simplified KYC processes, and faster claim settlements. Credit card policies have also shifted—banks such as Kotak Mahindra have added a one percent surcharge on monthly fuel transactions beyond a certain limit and are now capping reward points on categories like rent and utility payments. Meanwhile, Aadhaar holders have until June 14 to update their details for free—after which a fee will apply.

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