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Rules changing from October 1: Many rules also change rapidly with every new month. There are many economic rules in these, which have a direct impact on the life of the common man. Now September is about to end and October is about to begin. Meanwhile, many rules are going to change, from gas cylinder and Aadhar card to small savings scheme. Let us give you information about these so that you too can do your financial planning according to the new rules.
Gas Cylinder Price (LPG Cylinder Price)
The price of LPG cylinder changes on the first of every month. Oil marketing companies will implement new rates this time also on October 1. Hopefully, you can be gifted a cheap gas cylinder during the festive season.
Aadhaar Card (Aadhaar Card)
You can now use Aadhaar enrollment ID to file PAN card or Income Tax Return (ITR) from October 1. Will not be able to use it. Under Section 139AA of the Income Tax Act, it will be necessary to provide Aadhaar number for PAN card or ITR.
Special ticket checking campaign of Indian Railways
It is going to start a special ticket checking campaign against ticketless passengers from October 1. This is being done due to increase in the number of passengers during the festive season.
Interest rates on Post Office Account
Interest rates on post office accounts are also going to change from October 1. Changes in interest rates on National Small Savings Scheme accounts may affect your interest income.
Change in CNG and PNG rates
On the first day of every month, oil marketing companies (OMCs) change the rates of ATF, CNG and PNG. ATF prices were cut in September.
T+2 rule of bonus shares
SEBI has come up with a new framework to simplify the trading of bonus shares. From October 1, bonus shares will be traded in T+2 system. This will reduce the time between record date and trade. Shareholders will benefit from this.
Finance Ministry By changing the rules of small savings schemes Guidelines have been issued regarding wrongly opened accounts under National Small Savings Schemes. Now accounts like PPF and Sukanya Samriddhi will be regulated by the Finance Ministry. With this you will not have to face problems in future.
Vivad Se Vishwas Yojana will be launched
CBDT has announced that the 'Vivad Se Vishwas Scheme 2024' will be implemented from October 1. With its help, disputes related to income tax can be settled. Cases pending in courts and tribunals will be resolved.
Changes in HDFC Credit Card Loyalty Program
There is going to be a change in the credit card loyalty program of HDFC Bank from October 1. As per the new rule, HDFC Bank has limited the redemption points for Apple products on the SmartBuy platform to one product per calendar quarter.