New rules from 1st December 2021: From credit card, LPG to petrol prices - Things that will change from today
New rules from December 2021 India: The people must note that several rules which are pertaining to banking, financial and other sectors will change from today, December 1, 2021. These changes across the sectors will have an impact on the day-to-day lives of the common men. The changes in the rules that the common people must be aware of are as follows:
SBI credit card users need to pay EMI processing fee
SBI Cards and Payment Services Private Limited (SBICPSL), which manages SBI credit cards informed that from December 1, 2021, the SBI credit card customers will have to pay processing fees. The SBI credit cardholders will now have to pay a processing fee of Rs 99 along with the tax. Source: sbicard.com
Punjab National Bank (PNB) cuts interest rate on savings deposit
The common people must note that the PNB has reduced interest rate on savings account deposits by 10 basis points (bps) for account balance less than Rs 10 lakh and by 5 basis points (bps) for account balance of Rs 10 lakh and above to 2.80 per cent p.a and 2.85 per cent p.a respectively. The new interest rates will be effective from December 1, 2021. Source: PNB Twitter
19.2 kg LPG cylinder price hike
As per an ANI report, on Wednesday, the national oil marketing companies have increased the price of commercial 19 kg LPG cylinder by Rs 100.50. With this hike, now the price of 19 kg LPG cylinder in Delhi is Rs 2101. Source: Reuters
Life certificate for pensioners
It must be noted that retired persons above age of 80 will be able to submit their digital life certificate at any of the country's Head Post Offices' Jeevan Pramaan Centers. The completion date of this has been fixed for November 30, 2021. Source: Pixabay
Prices of matchboxes rise
The retail price of matchboxes will be doubled to Rs 2 from the current price of Re 1 starting from today, December 1, 2021. The matchbox prices were last hiked in 2007 from 50 paise to Rs 1 per box. Source: Reuters
VAT on petrol reduced in Delhi
In relief to the common people in the national capital, the Arvind Kejriwal-led government has decided to reduce VAT on petrol. Zee Business reporter Bhawana Kishor has reported that petrol will be cheaper by Rs 8 in Delhi. The new rates will come into effect from mid-night today. Source: Reuters