Everything changed when you were sleeping quietly at night. As of October 1st, numerous rules have been modified including Aadhaar-PAN. Early in the morning, inflation took hold. The price of a 19 kg commercial gas cylinder increased by Rs 48 as of October 1, 2024. There have also been numerous changes to credit card, insurance, and tax regulations. PPF and Sukanya account regulations have also been modified. Also Aadhaar-PAN rules have been changed.
The cost of the cylinder increased.
Since October 1, the cost of commercial gas cylinders has increased. Gas cylinders now cost Rs 48 more than before. The cost of a commercial gas cylinder in Delhi, the nation’s capital, has gone up from Rs 1691.50 to Rs 1740 per cylinder as a result of this hike. The oil firms announced the revised cylinder rates on October 1.
Changed rules for Sukanya Samriddhi Yojana
If you have taken Sukanya Samriddhi Yojana in the name of your daughter, then let us tell you that its rules have changed from October 1. From October 1, only the legal guardians of daughters will be able to operate their accounts. According to the new rule, if a person has opened a Sukanya Samriddhi Yojana account for a daughter and he is not her legal guardian, then he will have to transfer this account to the daughter’s legal guardian or parents.
The PPF, or Public Provident Fund, has new rules as effective October 1. The new regulations have made PPF account management simpler. The new regulations provide that the minor will be subject to the Post Office Savings Account (POSA) interest rate until the age of eighteen. Individuals who hold several PPF accounts will still receive interest on their principal account at the scheme rate.
Rules for HDFC Credit Cards
Credit card regulations underwent an alteration as of October 1. On October 1, new guidelines also went into force for HDFC credit cards. There is a cap on how many times you can use your HDFC Bank credit card to redeem reward points for Apple products on the SmartBuy platform, due to which cardholders will be able to use these reward points only once in a month.
As of October 1, the insurance regulations have undergone modifications. Those who relinquish the coverage will receive a larger payout under the new regulations. The Insurance Regulatory and Development Authority of India has announced that as of October 1, insurance policies will receive additional special surrender value. Those who wish to alter the policy will profit from this regulation.
Aadhaar-PAN regulations also changed.
As of October 1, 2024, new PAN-Aadhaar regulations have been implemented. The application form for income tax returns and PAN allotment cannot include the Aadhaar enrollment ID. This action has been taken by the government to avoid duplication.
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