Rule Change From 1st April: With the beginning of every new month, some changes also take place. Some similar changes are going to happen in April too which will have a direct impact on our pockets and monthly budget.
Rules Changing from 1st April : The month of March is about to end. The month of April is going to start in two days. With the beginning of April, the financial year 2024-25 will also begin. There are going to be changes in some rules related to money from April 1, which will have a direct impact on your pocket. Let us know which rules will change from April 1.
Charges on SBI Debit Card will increase from April 1.
SBI has shocked crores of its customers. The annual maintenance charge of some debit cards of SBI has been increased. These rates will be revised from April 1, 2024. The bank has increased the maintenance charges on most of its debit cards. Please note that bank card charges vary depending on the type of card.
Change in NPS rules:
Pension Fund Regulatory and Development Authority (PFRDA) is going to introduce Aadhaar-based login authentication in NPS. This rule will come into effect from April 1, 2024.
LPG prices can change.
LPG prices are fixed by the government at the beginning of every month. Government oil companies can change the price of LPG cylinders as well as commercial cylinders. However, the possibility of change in the prices of LPG cylinders during the election season is very less.
Ola Money Wallet
Ola Money has told its customers that the company will shift from ‘Full Know Your Customer Wallet’ (KYC) to ‘Small Prepaid Instrument’ (PPI) wallet from April 1, 2024. This will save the time and expense of customers in the KYC process. The company has said, “We are shifting to the Small PPI system for a maximum wallet load limit of Rs 10,000 from April 1, 2024.”
Banks will remain closed for 14 days in April.
Reserve Bank of India has released the list of bank holidays in the month of April. Like every month, there are going to be bank holidays for many days in April too. Banks are going to remain closed in many states due to festivals like Eid and Ram Navami etc.
Banks will remain closed for a total of 14 days in different states in April. You can check the list of bank holidays by visiting the official website of the Reserve Bank.
SSY, PPF account holders should complete this work by 31st March, otherwise there will be big loss.
