The first day of August has brought about a lot of changes. Every month’s first brings around a lot of change. August 2023 saw the implementation of other adjustments as well. They will have a significant impact on the nation’s common man. These adjustments include lower-cost commercial LPG cylinders, ITR penalties, and modifications to credit card regulations.
Like every month, the oil marketing corporations
have adjusted the cost of industrial gas cylinders this time as well. The price of the gas cylinder has decreased by Rs 100 as a result of this modification. This cylinder will now be sold for Rs 1680 in Delhi’s capital instead of Rs 1780. The price has already increased by Rs 7 on July 4.
More than 6.5 crore persons have submitted ITR
income tax returns as of July 31, 2023. However, you will now be required to pay a fine of up to Rs 5000 if you file your income tax return after this. From August 1 through December 31, you may file an ITR with a penalty. The late filing fee for ITRs is Rs 1,000 for people with yearly incomes up to Rs 5 lakh and Rs 5,000 for those with incomes over Rs 5 lakh.
Other than ITR, the cost of ATF has also increased for two months running
The cost of ATF has significantly increased in Delhi. The price per kilolitre in this case has increased to Rs 98,508.26. The cost of ATF has surged in Kolkata, where it now costs Rs 1,07,383.08 for a kilolitre. ATF jumped to Rs 92,124.13 per kiloliter in Mumbai and to Rs 1,02,391.64 per kiloliter in Chennai.
The policies governing Axis Bank credit card holders have changed
Yes, starting today, Axis Bank has decreased the cashback and incentive points offered on credit cards. Users of Axis Bank Flipkart Axis Bank Credit Cards will notice this change. It will be implemented following the announcement on August 12.
Banks will be closed for a total of 14 days during this August holiday
Many festivals, including Raksha Bandhan this month, may cause banking operations to be suspended in various states. You can use net banking to do transactions during this time. The extinguished pink 2000 rupee notes won’t be exchanged during these holidays, nor will any other financial tasks.
Read more: In a stunning red saree, Tamannaah Bhatia raises the temperature, pictures inside
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