These rules are going to change from April 1 across the country, from NPS to EPFO are included.
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The financial year 2023-24 will end on March 31. After this, the financial year will start from April 1. In such a situation, many rules are also going to change in the new financial year. There are Jain rules which will directly impact the pockets of common people. This also includes rules related to NPS to Fastag KYC.
Aadhaar is necessary for NPS login
New rules have been implemented for logging into NPS account. To login to the NPS account, the mobile number linked to Aadhaar along with the user ID and password will be required. OTP will be sent to the mobile number related to Aadhaar, which can be logged into the NPS account only after entering it. The new rule will come into effect from April 1.
Changes in SBI Credit Card and Debit Card Rules
The country’s largest government bank SBI has decided to increase the maintenance charges of credit cards and debit cards, which has come as a big shock to the customers. The decision to increase maintenance charges will come into effect from April 1. The reward points given to credit card users on rent payment are also being stopped.
There will be changes in credit card rules
Other banks have also decided to change their credit card rules. If Yes Bank users spend at least ₹10,000 in a quarter, they will get access to the domestic airport launch. Access to complimentary airport launch will be given on spending up to Rs 35,000 in a quarter on the credit card of private sector bank ICICI Bank. This rule will be applicable for users of both banks from April 1.
There will be changes in EPFO rules
There will also be changes in the rules of Employees Provident Fund Organization from April 1. On changing job, the EPFO account of the employee will automatically be transferred to the new company.
Tax will be paid in the new tax regime
Income tax rules are also going to change from April 1. From April 1, the new tax regime will be considered the default tax regime. That is, if the old tax regime is not changed then the tax will not automatically be filed under the new tax regime. Under the new tax regime, no tax is to be paid on income of ₹ 700000.
fastag kyc
NHAI has appealed to the people to get their KYC updated before April 1. In case of not updating KYC, Fastag account will be deactivated.
The price of medicines will increase
The prices of some medicines under the National List of Essential Medicines, India’s drug price regulator, are going to increase. The prices of pain killers, antibiotics and anti-infection medicines will increase from April 1.
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