Changes From 1st November: Like the first date of every month, this time also there have been many changes from 1st November. Some of these changes will benefit you and some will be heavy on your pocket.
In the midst of rising inflation, the price of commercial gas cylinders has been cut by Rs 115.50 from November 1 by the oil companies. However, there has been no change in the price of domestic LPG cylinders. There has been no change in the price of domestic cylinders since July 6.
Apart from this, oil companies have increased the price of Aviation Turbine Fuel (ATF). Due to this move of government companies, the price of air tickets may increase in the coming time. The price released by Indian Oil Corporation (IOCL) on Tuesday morning was increased by Rs 4842.37 and in Delhi the price increased to Rs 120,362.64 per kiloliter.
The big change that will happen from November 1 is that you will need a One Time Password (OTP) for home delivery of gas cylinders. After booking the cylinder, OTP will be sent to the registered mobile number of the customers. The cylinder will be delivered only after telling this.
IRDA has also made a big change from today. From November 1, it has become necessary for insurers to provide KYC details. At present, it is up to you to give KYC while buying a non-life insurance policy.
From November itself, tax payers with a turnover of less than 5 crores will be required to enter the 5-digit HSN code in the GST return. Till now 2 digit HSN code was entered. Earlier, from April 1, 2022, a four-digit code was made mandatory for tax payers with a turnover of more than 5 crores. After this, it was made mandatory to enter the six-digit code from August 1, 2022.
There has been a change in the rules related to electricity subsidy in Delhi from November 1. Under this, people who do not register for electricity subsidy will not get its benefit. The last date for registration for subsidy was 31 October 2022. However, it is also expected to be extended further.
Indian Railways has changed the timetable of all trains from 1st November. Due to being in the timetable, there will be a change in the timing of trains. In such a situation, it is important that you check the complete list before leaving the house.
