look news india
Rules changing from March 1: New rules will come into effect with the beginning of the new month. Tomorrow is March 1 and from tomorrow many rules related to money and your budget are changing. The change in rules will also affect your budget and your pocket. The rules coming into effect from March 1 include many major updates like FASTag, SBI Credit Card, LPG Gas Cylinder and GST.
LPG prices may vary
On the first of every month, companies decide the price of commercial gas cylinders. Since elections are near, the general public should feel relieved, so the government can ask these companies to reduce the rates. In such a situation, it is expected that on March 1, oil marketing companies may make some changes in the prices of domestic and commercial gas cylinders.
Changes happening in GST rules
In the election season, the Central Government has decided to make major changes in the GST rules (GST rule changes from March 1, 2024). According to the new rule, now businessmen with a turnover of more than Rs 5 crore will not be able to issue e-way bills without e-invoice. This rule will be effective from Friday 1st March.
Changes in FASTag rules
The National Highway Authority of India (NHAI) has made changes in the FASTag rules and made it mandatory to update KYC in them. In such a situation, today is the last day to update KYC in Fastag. If you do not update even today, the National Highway Authority of India will deactivate your FASTag.
Changes in SBI credit card rules
One of the major changes taking place from March 1 is that the country's largest government bank, State Bank of India, is changing its credit card rules. According to the new rule, the bank is going to change its minimum day bill calculation rules from March 15. The bank is giving information in this regard to customers through email.
New rules related to social media
New rules related to social media will also come into effect from March 1. A few days ago, the Central Government has changed the IT rules, according to which all social media platforms like X, Facebook, YouTube and Instagram will have to pay heavy fine for posting wrong information. In such a situation, from March 1, it has become very important for people to know about it and gather complete information about it before posting anything on social media.