Rule Change From 1st March 2024: These rules will change from 1st March, know what will be the effect on you

The month of February is about to end and the month of March is about to begin. Like every month, this month too many rules are going to change.

These rules include Fastag, LPG gas cylinder and social media. The National Highway Authority of India has set February 29 as the last date for updating KYC of Fastag.

lpg cylinder prices
LPG prices are decided on the 1st of every month. Oil marketing companies fix the prices of domestic commercial gas cylinders on the first of every month. This time companies can increase the price of commercial cylinders.

New rules of social media
The central government is going to implement new rules related to social media from March 1. The central government has recently made some changes in the IT rules. According to these new rules, posting wrong facts on social media platforms X, Facebook, YouTube and Instagram will attract heavy fines.

fastag kyc
National Highway Authority of India (NHAI) has fixed 29th February as the last date for updating KYC of Fastag. If you do not complete KYC of your FASTag by this date, your FASTag may be deactivated and blacklisted by the National Highway Authority of India.

bank holidays
Public and private sector banks will remain closed for about 12 days in March 2023. This also includes two holidays of Saturday and Sunday. As per the holiday calendar announced by RBI, banks will remain closed on March 11 and 25 being the second and fourth Saturdays. Apart from this, there will be bank holidays on 5th, 12th, 19th and 26th due to Sunday.

Changes in SBI credit card rules
Public sector bank State Bank of India is going to change its credit card rules from March 1. The bank is going to change its minimum day bill calculation rules from March 15. The bank is sending this information to its customers through mail.

Changes in GST rules
The central government is going to make major changes in the GST rules from March 1. From the month of March, businessmen with turnover of more than Rs 5 crore will not be able to issue e-way bills without e-invoice. Under the GST tax system, an e-way bill is required when goods worth more than Rs 50,000 are sent from one state to another.