Money Rules Changed from 1 November 2023: The new month has started from today. With the beginning of November, there have been changes in many rules related to money, which will directly impact the pockets of common people.
Festival season is going on in India. In such a situation, these decisions of the government are going to have a direct impact on the household budget of the people. Let us know which financial rules have changed from today.
1. LPG cylinder prices increased
Before the festive season, people have been hit by inflation. From today, a rise of more than Rs 100 is being seen in the price of 19 kg commercial cylinder in the country. This is going to especially affect restaurants and hotels, which will affect the prices of outside food items during the festival season. After this decision, commercial LPG cylinder has become costlier by Rs 101.50 and is available at Rs 1833 in the capital Delhi.
2. BSE increased transaction fees in equity derivatives segment
BSE i.e. Bombay Stock Exchange had announced on October 20 that the transaction fees on the equity derivatives segment are being increased. This fee is being imposed on the options of S&P BSE Sensex, which is going to directly impact retail investors.
3. Banks will be full of holidays
Due to the festive season, there will be a lot of holidays in banks this month. There will be a total of 15 days holiday in banks due to festivals like Dhanteras, Diwali, Bhai Dooj, Chhath etc. This also includes Saturday and Sunday holidays. In such a situation, if you have to complete any work related to banks, then leave the house only after looking at the list of holidays.
4. Changes in GST rules
Now businesses with a turnover of more than Rs 100 crore will have to upload GST invoices on the e-Voice portal within a month i.e. 30 days from November 1, 2023. The GST authority had taken this decision in September.
5. Laptop import deadline
Modi government had given exemption on import of laptops, personal computers and other electronic items under HSN 8741 category till October 31, 2023. Since then the government has not taken any decision on this. It is expected that the government may take a decision on this today.
6. ATF becomes cheaper
The price of jet fuel (ATF) has been reduced before the festive season. Talking about the price of ATF in the capital Delhi, it is cheaper by Rs 6,854.25 per kiloliter and is available at Rs 1,11,344.92 per kiloliter. It is available at Rs 1,19,884.45 per kiloliter in Mumbai, Rs 1,04,121.89 per kiloliter in Kolkata and Rs 1,15,378.97 per kiloliter in Chennai.
