These rules are changing from July 1, if you know then you will be benefited

These rules are changing from July 1, if you know then you will be benefited

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New Delhi: The month of June is about to end. After a few days the month of July will start. There are many changes in the country on the first of every month. These changes directly affect the pocket of the common man. In such a situation, it is important for you to be aware of these changes. Many changes are going to happen from July 1 (Rules Change From July 1, 2023). They are directly related to your pocket. These changes include the price of LPG cylinders to CNG-PNG prices. Let us know what changes are going to happen from July 1.

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LPG price changes

Government oil companies change the prices of cooking gas on the first of every month. LPG gas prices are fixed on the 1st of every month. The price of 19 kg commercial LPG cylinder was cut on the first date in May and April last. However, there was no change in the prices of 14 kg LPG cylinders. On the other hand, on June 1, the petroleum companies selling LPG gas cylinders had changed the rates of LPG.

LPG cylinder had become cheaper. The price of 19 kg commercial LPG cylinder was reduced by Rs 83.50, while there was no change in the price of domestic gas cylinder.

credit card rules

The provision of levying TCS fee may be applicable from July 1, 2023 on the expenditure made through credit card abroad. Under this, 20 per cent TCS will have to be paid if the expenditure exceeds Rs 7 lakh. However, this fee will be reduced to 5 per cent if there is an expenditure related to education and medical. At the same time, taxpayers who have taken loan for education abroad will have to pay TCS fee of 0.5% on the amount above Rs 7 lakh.

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CNG-PNG prices

CNG and PNG prices change on the first date or first week of every month. In Delhi and Mumbai, petroleum companies change the price of gas in the first week of the month. There may be a change in prices even in July.

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