look news india
Rule changes October 1: As soon as the new month starts, many changes and changes in many rules are seen. In which, in the month of October, there will be changes in the rules from LPG gas prices to credit card transactions. Along with this, some changes can also be made in the savings account in the bank.
change in gas cylinder price
The price of LPG gas cylinder is fixed on the first of every month. The government had reduced the price of LPG cylinder by Rs 200 in August. Late night, oil companies have shocked people by increasing the price of commercial gas cylinder by Rs 209. LPG prices may increase or decrease from October 1.
Bonus Credit Rules
SEBI also announced rules related to stock market bonus credit. These new rules will come into effect from October 1. SEBI has reduced the share credit time to 2 days. After this, bonus shares will now be issued within two days from the record date.
Sukanya Samriddhi Scheme
Under this scheme, all accounts opened by grandparents for their granddaughters will be processed. From October 1, only parents will be able to open these accounts. The old account will be transferred to the name of the guardian.
Changes in TRAI rules
TRAI is going to make changes to improve the quality of 4G and 5G networks from October 1. Telecom companies will be fined for violating this new rule. The new rules ban some SMS containing URL/APK links. Although these rules were to come into effect from October 1, but now the date has been extended.
Three rules of Public Provident Fund
The Central Government has announced to implement three new rules related to Public Provident Fund from October 1.
1. Interest on Post Office Savings Account unregulated accounts will be paid till the account holder attains the age of 18 years. Thereafter PPF interest rate will be paid.
2. In case of more than one account, if the amount deposited is within the annual limit, the effective rate of the scheme is applicable to the primary account.
3. The balance of any secondary account will be merged into the primary account. The excess amount will be refunded with 0% interest. Meaning, more than two additional accounts will earn 0% interest from the date of first opening.