The Government of India has recently made several important announcements which will be applicable from 1 April 2025. The purpose of these announcements is to give relief to the general public and strengthen the country’s economy. In this article, we will tell you in detail about these new schemes and rules that can affect your life.
These new rules and schemes include many areas, such as tax, pension, solar energy, and many others. Their purpose is to improve the economic condition of the people, increase employment opportunities and speed up the development of the country. Let’s take a look at these important changes and understand what they mean to you.
New Rules and Schemes from April 1, 2025
A brief description of new plans and rules:
| Planning/Rules | Description |
| PM Surya Ghar Free Power Plan | 300 units free electricity from Rooftop Solar to 1 Crore Homes |
| Unified Pension Scheme (UPS) | Minimum Rs 10,000 monthly pension guaranteed for central employees |
| GST exemption | GST discount on many items |
| TDS limit increase | TDS limit increased in various categories |
| Pradhan Mantri Garib Kalyan Annan Yojana | Free ration distribution continues to poor |
| New skilling program | Training 20 lakh youth in 5 years |
| Credit Guarantee Scheme | Collator-free loan of up to 100 crores for MSMES |
| Comprehensive internship scheme | Internship to 1 crore youth in 5 years |
PM Surya Ghar Free Power Scheme: Homes will get free electricity
Prime Minister Surya Ghar Free Power Scheme is an ambitious scheme which will be applicable from 1 April 2025. Under this scheme:
- 1 crore homes will get 300 units free electricity every month from Rooftop Solar System
- Families will save Rs 15,000 to 18,000 annually
- There will be facility in charging electric vehicles
- Employment and entrepreneurship opportunities will increase in solar sector
This scheme will not only provide financial benefits to the families, but will also help in environmental protection. The use of solar energy will reduce carbon emissions and will promote clean energy.
Unified Pension Scheme (UPS): Big relief for central employees
The Pension Fund Regulatory and Development Authority (PFRDA) has announced the Unified Pension Scheme (UPS) for central government employees. The scheme will be applicable from 1 April 2025. Its main features are:
- Minimum Rs 10,000 monthly pension guaranteed
- Employees have to contribute 10% of their basic salary and dearness allowance every month.
- Employees with existing NPS cover and new employees admitted after 1 April 2025 will be eligible for this scheme
The scheme will provide economic security to central employees after retirement and help maintain their standard of living.
GST exemption: Relief on many items
The government has announced exemption or decrease in GST on many items. This step has been taken to relieve the general public and speed up the economy. There are some major changes:
- Foods: Fresh milk, yogurt, lassi, eggs, fruits and vegetables in 0% GST category
- Medical Equipment: GST reduction on medicines and medical devices
- Electronics: BCD lower up to 5% on LCD and LED components
- Leather Industry: BCD exemption on weight blue and crust leather imports
These discounts will reduce the prices of many products, which will benefit consumers and promote industries.
TDS boundary increase: relief to taxpayers
The government has increased the limit of tax deducted at source (TDS) in various categories. This step has been taken to simplify the tax process for middle income groups. There are some significant changes:
- TDS limit on interest for senior citizens increased from 50,000 to Rs 1,00,000
- TDS limit increased from 5,000 to 10,000 rupees on dividend
- TDS limit on rent increased from 2,40,000 to 6,00,000 rupees (in financial year)
- TDS limit increased from 30,000 to 50,000 rupees at fees of professional or technical services
These changes will provide financial relief to taxpayers and the process of filing tax returns will be simple.
Pradhan Mantri Garib Kalyan Ann Yojana: Poor people will continue to get free ration
The government has decided to carry forward the Pradhan Mantri Garib Kalyan Ann Yojana. Under this scheme:
- 80 crore poor people will get 5 kg wheat or rice and 1 kg free every month
- This facility is in addition to the subsidized ration available under the National Food Security Act (NFSA)
- The objective of the scheme is to provide food security to poor families
The scheme was launched during the Kovid-19 epidemic and has now been carried forward so that poor families will get nutritional assistance.
New Skilling Program: Employment opportunities for youth
The government has announced a new scheme for skill development of youth. The main things of this program are:
- 20 lakh youth will be trained in 5 years
- 1,000 industrial training institutes (ITIs) will be upgraded with industry cooperation
- The course material will be made to suit the needs of the industry
- New courses will be started for emerging areas
This program will prepare the youth better for employment and provide skilled employees to industries.
Credit Guarantee Scheme: MSMES will get financial support
A new Credit Guarantee Scheme for Micro, Small and Medium Enterprises (MSMES) has been announced. The main features of this scheme are:
- MSMEs will be able to get a term loan of up to Rs 100 crore without any collateral
- Provision of credited and a self-funded guarantee fund
- Fund guarantee encouraged by the government to ensure the continuity of credit to MSMEs during stress
The scheme will provide financial assistance to MSMEs and help in their development, which will promote employment generation and economic development.
Disclaimer: This article is written only for the purpose of general information. The plans and rules described in it may not be real and are not based on any government or official announcement. It would be appropriate to get information from official sources before taking any decision.
