Today is the last day of the month of July as well as today is also the last day of ITR filing. With the beginning of the month of August from tomorrow, there will be many changes which will directly affect your pocket.
In fact, there are changes in many rules in the country on one date of every month. From LPG gas prices to bank holidays, this day continues. In such a situation, there can be changes in many rules in August as well. Let us know which major changes are taking place from August 1, which will affect your budget. Also, finish any important work that is left of yours by July 31. Otherwise, later you can be in big trouble.
LPG cylinder prices
On the first of the month, oil companies review the prices of domestic and commercial cylinders. There is a possibility of change in the price of LPG cylinder in August. Apart from this, a change in the rates of PNG and CNG can also be expected.
SBI’s Special FD
The last date for investing in the Amrit Kalash scheme of the country’s largest government bank State Bank of India is 15 August 2023. If you also want to invest like this, then do this work ahead of time.
IDFC of FD
IDFC Bank has launched an FD scheme for Amrit Mahotsav FD customers, which is valid till 15 August 2023. In such a situation, you should invest before the deadline, otherwise you will miss the opportunity.
Bank holidays
Banks are full of holidays in the month of August. Including the festival and weekly holiday in different states, there will be a total holiday of 14 days in the bank. If you also have any such work which cannot be completed without going to the branch, then complete it immediately.
Penalty for filing ITR from 1st date
Please tell that the last date of ITR filing is near. Penalty will have to be paid for not filing income tax return by 31st July. From August 1, a fine of Rs 5,000 will be imposed. For those whose annual income is less than 5 lakh, there is a fine of 1 thousand rupees. Please tell that the last date for filing late ITR is 31 December 2023.
