Rules Changing from 1 September 2024: Many types of rules and changes are seen on the first date of every month in the country. Many rules related to your money are going to change in the month of September.
These include the deadline for updating free Aadhaar to investing money in special FD scheme and credit card rules. All these changes will have a direct impact on the pocket of the common man. Let us know about these changes whose deadlines you need to remember.
Here we know about some such big changes (New Rules From 1st August 2024) which can prove to have a direct impact on your kitchen and your pocket.
Deadline for updating Aadhaar for free (Aadhaar Update Deadline)
UIDAI (Unique Identification Authority of India) has extended the facility of updating all Aadhaar related details for free (Update Aadhaar Card Online for Free) by three months i.e. from June 14 to September 14, 2024. If you also want to take advantage of this free service, then update your Aadhaar online (Aadhaar Card Update online) by September 14, 2024. Otherwise you will have to pay a fee for this later.
Please note that the facility of free Aadhaar update is available only for online update. If you go to the Aadhaar Seva Kendra and get any update done in Aadhaar, you will have to pay the applicable fee.
Gas Cylinder Price (LPG Price)
It is usually seen that the government changes the price of LPG on the first of every month. Changes are seen every month in the prices of commercial gas cylinders and cooking gas. In such a situation, consumers should be prepared for possible changes in the prices of LPG cylinders in September as well. In the month of August, the price of commercial LPG gas cylinders increased by Rs 8.50, while in July its price decreased by Rs 30.
Change in rates of ATF and CNG-PNG
The prices of aviation turbine fuel (ATF) and CNG-PNG are also expected to change from September 1, 2024. These changes may impact transportation costs, especially for air travel, and may impact goods and services due to increased logistics costs.
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Stop fake calls
To curb the increasing number of fake calls and spam messages, the Telecom Regulatory Authority of India (TRAI) is introducing new rules from September 1, 2024. TRAI has issued a strict guideline for telecom companies. TRAI has asked telecom companies to shift telemarketing calls and commercial messaging starting with 140 mobile number series to blockchain based DLT i.e. Distributed Laser Technology Platform by September 30.
Telemarketing services will gradually shift to a blockchain-based system by September 30. This will increase security and reduce unwanted calls and messages. This move is a major step against telecom fraud, which will provide consumers more protection against scams.
New Credit Card Rule
Credit card rules are also going to change in the month of September, especially in terms of reward points and payment schedule. HDFC Bank will impose a limit on reward points on utility transactions, which means that card holders can earn fewer reward points when paying for services like electricity or water.
In addition, IDFC First Bank is updating its payment schedules, which may impact when and how payments are processed. It is therefore important for credit card users to keep an eye on these changes to avoid losing reward points or facing any fees.
Increase in Dearness Allowance (DA Hike)
Central government employees may see a 3% increase in Dearness Allowance (DA) this September. Currently, government employees are being given 50% Dearness Allowance (DA). That means from next month it may increase from 50% to 53%.
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