Rule change alert! Big changes that will directly impact common man's pocket from September 1
Rules Change From September 1: Here's a list of 7 big changes that will come into effect from September 1.
Rules Change From September 1: From new rules for the banking system, PM Kisan Samman Yojana for farmers and LPG prices, here's a list of 7 big changes that will come into effect from September 1 and will have a direct impact on the pockets of the common man:
Change From 1 September: LPG Price
It is noteworthy that petroleum companies revise the price of LPG on the first of every month. In such a situation, it is expected that the prices of LPG will increase from September 1.
(Pic: Reuters)
Change From September 1: PNB KYC Update
Punjab National Bank (PNB) has made the "know your client" (KYC) process mandatory for the customers and the last date for the same is August 31. The bank tweeted the information and requested the account holders to contact the base branch for the KYC update. Non-updation of the same may lead to restriction of operations to the bank account.
(Pic: Reuters)
Change From September 1: Increase in toll tax
Yamuna Expressway toll tax rates will increase from September 1. According to the new rates, cars, jeeps, vans and light motor vehicles will have to pay Rs 2.65 per km instead of the current Rs 2.50 per km rate. Whereas the toll tax for light commercial vehicles, light goods vehicles, and mini-buses will be Rs 4.15 per km. For buses or trucks, the tax will be Rs 8.45 per km.
(Pic: yamunaexpresswayauthority.com)
Change From September 1: PM Kisan Yojana
August 31st is the last day to complete the eKYC of Pradhan Mantri Kisan Samman Nidhi Yojana. Beneficiaries may face difficulties in the next installment if they fail to do so.
(Pic: Reuters)
Change From September 1: Insurance Commission
The Insurance Regulatory and Development Authority of India (IRDAI) has changed the rules of general insurance. Now the insurance agent will get only 20 per cent commission instead of 30-35 per cent. This will reduce the premium amount of the people taking the insurance.
(Pic: Pixabay)
Change From September 1: Ghaziabad Property
Buying property in Ghaziabad will become costlier from September 1 as the circle rates are being hiked by 2-4 per cent.
(Pic: Reuters)