Major Changes Coming in 2025: What to Expect from January 1

As we step into 2025, several key changes across sectors like automobiles, finance, technology, and travel will come into effect. Here’s a simplified overview of what’s ahead:

US Visa Updates for Indians

New rules will make US visa applications easier:

• Non-immigrant visa applicants can reschedule appointments once without extra fees.
• Starting January 17, 2025, H-1B visa processes will be updated for better flexibility and smoother transitions for Indian F-1 visa holders.
  However, long wait times for tourist visa (B1/B2) appointments remain, with delays of over 400 days.

LPG Price Review

Oil companies will review LPG prices on January 1. While commercial cylinder prices have risen over the past five months, domestic cylinder prices remain unchanged for now.

WhatsApp Stopping Support for Older Phones

From January 1, WhatsApp will stop working on older Android devices like Samsung Galaxy S3, Note 2, Sony Xperia Z, Nexus 4, and Motorola Moto G (2014). Users of these devices will need to upgrade to continue using the app.

Car Prices Going Up

Top car brands like Maruti Suzuki, Hyundai, Mahindra, Mercedes-Benz, BMW, and Audi will raise prices by up to 3% starting January 1. The hike is due to rising costs, so buying a car before the new year might save you money.

Thailand Launches e-Visa for All Countries

Thailand’s new e-Visa system is now available for visitors from any country, including India. Travelers can apply online at www.thaievisa.go, simplifying the visa process for international tourists.

Amazon Prime Streaming Limits

Amazon India will limit Prime Video streaming to two TVs per account starting January 1. For additional devices, separate subscriptions will be required.

Telecom Sector Improvements

Telecom giants like Jio, Airtel, Vodafone, and BSNL will follow new rules under the Telecommunications (Right of Way) Rules, 2024:

• Easier setup for optical fiber cables and mobile towers.
• Better connectivity and faster installations.
• Improved services for customers.

New Rules for Fixed Deposits (FDs)

The Reserve Bank of India (RBI) is introducing new rules for Fixed Deposits with Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs):

• Stricter rules for accepting deposits.
• Companies must maintain a larger percentage of assets.
• Higher insurance coverage for deposits.
  These changes aim to protect investors but could affect interest rates and deposit terms.

ITC Hotels Demerger

ITC Ltd will officially separate its hotel business into a new company on January 1, 2025, to improve efficiency and increase shareholder value.

Stay informed and plan ahead to adapt to these upcoming changes!