In the next few hours, the last month of the current year i.e. December 2025 will begin. Along with this, some changes can also be seen. Due to which your pocket can also be affected. Today we will talk about those changes. These include bank closure dates, bank loan rates, changes in domestic gas cylinder prices on the first of every month and changes related to pension requirements. Let us know on which things you may have to spend more money…
Changes in prices of LPG, ATF
Oil Marketing Companies (OMCs) revise the prices of LPG and Air Turbine Fuel (ATF) used in LPG cylinders on the 1st of every month based on the average price of standard international fuel and foreign exchange rate. If there is a price increase or cut on December 1, it may impact your price for 14.2 kg (domestic) and 19 kg (commercial) LPG cylinders. Also, your air ticket prices may also fluctuate.
Bank holiday list in December 2025
The Reserve Bank of India (RBI) has declared 18 bank holidays in December 2025, which include weekly holidays of Sunday, Second Saturday and Fourth Saturday. You need to keep these things in mind while planning your payment schedule and other important scheduled financial activities. Next month there will be bank holidays on 1, 3, 7, 12, 13, 14, 18, 19, 20, 21, 24, 25, 26, 27, 28, 30 and 31 December. It is noteworthy that bank holidays in India vary from state to state and are determined on the basis of national, regional and religious festivals. Contact your local bank branch to know which dates are applicable in your city and state.
Will there be any change in loan EMI?
Meanwhile, the RBI Monetary Policy Committee (MPC) meeting is also scheduled on December 3-5, in which the central bank will discuss a possible cut in the repo rate under the chairmanship of Governor Sanjay Malhotra. Repo rate is the interest rate at which the central bank gives short-term loans to commercial banks and is considered a standard for all loan rates in the economy. Taking advantage of these deductions may mean your borrowing rates may be lower.
Most analysts believe that the committee will cut its repo rate by 25 basis points to 5.25 percent, which has remained at 5.5 percent since August. After a total reduction of 100 basis points in the first half of the year, this rate remains at 5.5 percent. One basis point is one hundredth of one percent.
Update on H1B visa
The US State Department has published the US Visa Bulletin for December 2025, revealing updates to immigrant visa categories. The bulletin outlines India’s progress in employment-based visas, detailing ‘final action dates’ and ‘application filing dates’.
Big update may come on tariff
Commerce Secretary Rajesh Aggarwal told reporters that India plans to finalize a framework agreement on reciprocal tariffs with the US by the end of December. This is an important step towards resolving the issue that has strained bilateral trade between the two countries. He said that we are very optimistic and we hope that we will find a solution within this calendar year. We have had intensive talks with the US teams over the last few months and have tried to resolve most of the issues. Now it is only a matter of time for both the countries to find the right landing zone. Progress on the framework agreement will support and promote broader bilateral negotiations.
Pensioners and TDS last date
There is a big update for pensioners. The last date for transfer from NPS to UPS is 30th November. Also, this is also the last date to submit your Annual Life Certificate digitally or physically at your bank or post office. Taxpayers should note that the last date for filing TDS details for high value transactions made in October under sections 194-IA, 194-IB, 194M and 194S is November 30. Missing the deadline may result in a fine or notice from the Income Tax Department.
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