New month calls for new changes and starting November 1, 2025, significant changes will take effect across banking, Aadhaar, pensions, and GST. These updates are set to impact everyday banking services, access to government benefits, and the way taxes are filed. Hence, it is important for citizens and businesses to stay aware and adapt to the new changes.
What are the 7 big changes?
The first major change set to take place is that banks will allow customers to nominate up to four people for a single account, locker, or safe custody item. This update will make it easier for families to access funds during emergencies. Moreover, the process for adding or updating nominees has been simplified. This will help prevent potential legal complications in the future. According to the Union Ministr

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