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Like every month, many rules are being changed from this month i.e. 1 November 2024, which will have a direct impact on the pockets of the common man. The price of a 19 kg commercial gas cylinder has increased, while train ticket booking rules, credit card, banking rules and money transfer rules have been changed. So let us know which rules will be beneficial and what will be the disadvantages. And know which rules have changed.
Change in price of LPG gas
With the beginning of the new month, the price of LPG cylinder has been increased. The price of LPG cylinder has increased by Rs 62 from today. Oil companies have increased the price of 19 kg commercial LPG cylinder. The companies have not made any change in the price of 14.2 kg domestic cylinder.
Another change- ATF and CNG-PNG prices
Along with LPG gas, the price of CNG and PNG has increased. However, there has been no change in its price this month. However, the price of air turbine fuel has been reduced. In October, the price of air turbine fuel was Rs 93,480, which has come down to Rs 87,597 per kilolitre.
Third change- Credit card rules changed
SBI Card, a subsidiary of State Bank of India (SBI), is going to implement major changes from November 1. Which pertains to utility bill payments and finance charges through his credit card. Finance charge of Rs 3.75 per month will have to be paid on unsecured SBI credit cards from November 1. Apart from this, 1 percent additional charge will have to be paid on payment of more than Rs 50,000 in electricity, water, LPG gas and other utility services.
Fourth Amendment- Money Transfer Rules
The Reserve Bank of India (RBI) has announced new rules for Domestic Money Transfer (DMT). Which will come into effect from 1 November 2024. The objective of these rules is to prevent misuse of banking channels for fraud.
Fifth major change- change in train tickets
Indian Railways train ticket advance reservation period (ARP) has been reduced from 120 days to 60 days from November 1, 2024, excluding the day of journey. The objective of this amendment is to maintain the convenience of passengers by streamlining the ticket purchase process.
Sixth change- Increase in limit related to UPI
There are going to be two major changes in the UPI Lite platform from November 1, 2024. Now UPI Lite users can make more payments. RBI has also increased its transaction limit. Apart from this, another change has been made in which it is said that the UPI Lite balance will remain below a certain limit. With the new auto top-up feature, the money will be added back to UPI Lite.
7th change- No work in banks for 13 days
Banks will remain closed on many occasions in November. There will be a total of 13 bank holidays in November. During these bank holidays you can complete your banking related work and transactions by using the online services of banks. This service is operational 24X7.