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There is going to be a big change across the country from November 1, which will have a direct impact on your pocket. It is important to know which rules are going to change. There are going to be changes in the rules related to banking, advance train ticket booking and credit cards in November. Know about the big changes happening in November.
TRAI's new rules will be implemented, spam calls and messages will be banned!
There is going to be a big change in the telecom sector from November 1st. The government has directed telecom companies like Jio and Airtel to implement message tracking to stop spam. Under this, all telecom companies like Jio and Airtel will have to implement rules to track and block spam messages. Under the message traceability rule, telecom companies will identify suspicious or fake numbers and immediately block them, so that these numbers will not be able to send messages to the users and the users will get better security.
Banks will remain closed for a total of 13 days this November
There are many holidays in banks (Bank Holidays 2024) in the month of November due to festivals and public holidays. According to the information given on the official website of the Reserve Bank of India (RBI), banks will remain closed for 13 days (November Bank Holidays) in November due to weekly holidays and festivals in various states. However, during these holidays (Bank Holidays in November 2024) you can also use the online services of the bank. These services will be available 24 hours a day, so that you can perform your essential banking functions and transactions without any interruption.
LPG, CNG and PNG prices are subject to change
At the beginning of every month, oil companies change the prices of LPG gas (LPG cylinder prices). There may also be a change in the price of 14 kg domestic gas cylinder on November 1. Domestic gas cylinder prices have remained stable recently. But, the prices of commercial cylinders are increasing. Apart from this, oil companies also change the prices of ATF (Air Turbine Fuel), CNG and PNG at the beginning of every month. ATF prices have declined in recent months and further decline is expected this Diwali. There may also be changes in the prices of CNG and PNG.
You can book advance tickets only 60 days in advance
The rules of train ticket booking are going to change from 1st November. Now you can book train tickets 60 days in advance instead of 120 days as before. Indian Railways has made this change in the advance ticket booking rules to make the ticket booking process easier for the passengers.
RBI changed the rules of money transfer
The Reserve Bank of India has announced new rules for domestic money transfers, which will come into effect from November 1, 2024. RBI's new money transfer rules are aimed at curbing fraud, misuse through banking channels, “significantly increased the availability of banking outlets, developed payment systems for fund transfers, and relaxed KYC requirements” Is,” RBI said in a circular issued on July 24. 2024. Said. “Consumers now have many digital options for money. Various services were recently reviewed.
Strict rules apply in mutual funds
Securities and Exchange Board of India (SEBI) is going to implement strict rules (Mutual Fund Regulation) for mutual funds. From November 1, AMCs (asset management companies) will have to report transactions of more than Rs 15 lakh by their nominees or relatives to the compliance officer to help curb them.
New rules for SBI credit card users
SBI Card, a subsidiary of State Bank of India, is going to implement some new rules for credit card customers (SBI Credit Card Rules). From November 1, the monthly finance charge on unsecured SBI credit cards will be 3.75 percent. Additionally, a one per cent charge will be levied on payments above Rs 50,000 for utilities such as electricity and gas.
