Change in rules from February 1: Under the major changes implemented in the country, while the oil marketing companies have shocked the country by increasing the prices of commercial LPG cylinders on the budget day, the deadline for FASTag eKYC has been extended by one month.
The account of the economic health of the country i.e. the budget is going to be presented tomorrow i.e. on 1 February 2024. Many big announcements will be made in the Parliament on this day, but before that many big changes have been implemented in the country. At some places people have got relief and at some places there has been a big shock. On one hand, oil marketing companies have increased the prices of LPG cylinders (LPG Cylinder Price Hike), while on the other hand, the KYC (FASTag eKYC) deadline for FASTag is being extended by one month. Let us know about 5 big changes…
LPG cylinder becomes expensive
There has been a shock of inflation on the budget day. Oil marketing companies have increased the price of 19 kg commercial gas cylinder (CommercialLPG Cylinder Price Hike). After the latest change, the price of 19 kg commercial gas cylinder in Delhi (Delhi LPG Cylinder Price) has increased from Rs 1755.50 to Rs 1769.50. Talking about other metros, the price of a cylinder in Kolkata (Kolkata LPG Cylinder Price) has increased from Rs 1869.00 to Rs 1887. The commercial cylinder which was earlier available for Rs 1708 in Mumbai, will now be available for Rs 1723. Its price in Chennai has increased from Rs 1924.50 to Rs 1937. At the same time, the prices of 14.2 kg domestic gas cylinder have been kept stable.
IMPS money transfer even easier
The second major change from February 1, 2024 is related to online money transfer. Under this, users will be able to transfer money through IMPS by just adding the receiver’s mobile number and bank account name. According to National Payments Corporation of India (NPCI), now beneficiary and IFSC code will not be required.
NPS withdrawal rules changed
Talking about the third change, the Pension Fund Regulatory and Development Authority (PFRDA) had issued a master circular in January, in which guidelines were given for partial withdrawal of funds invested under the National Pension System (NPS). The pension body has clarified that subscribers can make partial withdrawals only for the purchase or construction of the first home. This rule will come into effect from February 1.
Fastag eKYC deadline extended!
The National Highways Authority of India (NHAI) had said that all Fastags without KYC will be deactivated after January 31. On February 1, users will have to ensure that KYC for their Fastag is completed. In a report, an official related to the case has said on the condition of anonymity that out of 1.27 crore, only 7 lakh multiple Fastags have been closed. Therefore, we are extending this deadline by one more month. According to NHAI, people are being encouraged to complete KYC of Fastag as per the guidelines of RBI.
Dhan Lakshmi FD Scheme
The last date for Punjab & Sind Bank (PSB) special FD ‘Dhan Lakshmi 444 Days’ was January 31, 2024 and this deadline is now over. Let us tell you that the bank had earlier fixed the last date for investment in this special scheme as November 30, 2023, which was extended at the last moment to January 31, 2024. Investors are offered interest rates in this FD scheme. of 7.4% and for senior citizens it is 8.05%.