Many rules will change from today, from buying SIM cards to IPO; Know what changed
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New Delhi (Uttam Hind News): We will see soon. The last month of the year has arrived. The last month of 2023, December 2023, has started from today. There have been changes in many financial rules this month. These include many rules like IPO, Aadhar card, Demat account. Come, let us know which financial rules have changed this month.
Many rules will change from today: If you have not updated your Aadhar card yet, you can update it for free till 14 December 2023. UIDAI has given the opportunity to the citizens of the country to update Aadhar card for free. The deadline to update free Aadhaar card is 14th December. If you update Aadhaar card by going to Aadhaar center then you will have to pay a fee for the same.
Having a demat account is mandatory for investing in share market and mutual funds. The last date for providing nominee information in demat account and mutual fund is 31 December 2023. Apart from this, SEBI has instructed that physical shareholders should provide information like PAN, nomination, contact details by 31 December 2023. If this does not happen then the shareholder’s account gets frozen.
On November 7, 2023, the National Payments Corporation of India has issued a circular. According to this circular, banks will deactivate all those UPI-IDs and numbers which have not been active for a long time. Banks and third party apps will have to follow this rule by 31 December 2023.
Under the new rules of Bank Locker issued by the Reserve Bank of India, now the customer will have to deposit his signature to use the locker. The customer will have to sign the new agreement of the bank locker. The last date for signing this agreement is 31 December 2023.
The government has also made new rules regarding SIM cards this month. According to this new rule, it has now become mandatory for the telecom operator to get registration and police verification done. These rules have come into effect from today.
New rules for IPO have been released this month. Under this rule, now the IPO has to be listed within 3 days of the date of closure of the issue. This means that the company will have to list its shares on the stock exchange within 3 days of the closure of the issue.
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