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HomePersonal FinanceIMPORTANT: Big news! These 7 important rules are changing from tomorrow, know...

IMPORTANT: Big news! These 7 important rules are changing from tomorrow, know immediately

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Changes from Tomorrow- With the beginning of October, many rules related to your bank, share market and salary are going to change.

New Delhi. After a day i.e. from tomorrow you will get to see many new changes (changes from 1 October 2021). Yes.. Only 1 day is left for the completion of September month and after that the month of October will start. With the beginning of October, many rules related to your bank, stock market and salary are going to change.





From next month many everyday things are going to change (important rules changes from 1st October). These changes are related to the life of the special to the common man. These include many changes from banking rules to LPG (LPG price). Let us know what changes are going to happen-

1. There will be change in the pension rules
From October 1, the rules related to Digital Life Certificate are changing. Now all the elderly pensioners of the country who are 80 years or more will be able to submit the digital life certificate at the Jeevan Pramaan Center of all the Head Post Offices of the country. Time has been given till November 30 for this. The work of submitting the life certificate is going to start through the post office. Therefore, the Indian Postal Department has asked to ensure that the ID of Jeevan Pramaan Center is activated on time, if it is already closed.

2. Auto Debit – Customer Permission Required
From October 1, the Reserve Bank of India (RBI) can make major changes in the payment system. RBI can protect the rules of auto debit payment system more than before. The rules will have an effect on digital payment platforms such as banks and mobile wallets such as Paytm, PhonePe, Freecharge. Now every time for installment or bill payment, they will have to first take permission from the users or the customer. RBI has said that recurring transactions using debit cards, credit cards, Unified Payments Interface (UPI) or other prepaid payment instruments (PPIs) will require Additional Factor Authentication (AFA) and this rule will come into effect from October 1. could.





Till now, banks and mobile wallets used to automatically deduct money from the account on the due date and SMS for deducting money used to come to the customer. Now this will not happen. Now the message of auto debit or deducted installment or bill payment will come first. Every time the bank and mobile wallet will have to take its permission. They will have to make changes in their system and every time they get permission, the money will be deducted. He cannot deduct money on his own.

3. The old check book will not run from October 1 (Check book rules)
From October 1, checkbooks and MICR codes of three banks will become invalid. These banks are Oriental Bank of Commerce (OBC), United Bank of India and Allahabad Bank. Let us tell you that these banks are those which have recently merged with other banks. Due to the merger of banks, due to changes in the account numbers, IFSC and MICR code of the account holders, from October 1, 2021, the banking system will reject the old check. All the check books of these banks will become invalid.

4. Registration will have to be done in PM Kisan
If you want to double the money of PM Kisan Samman Nidhi scheme, then you will have to do this work quickly. After this, when the installment comes, everyone will get Rs 2,000, Rs 4,000 will be given. Register in the next 3 days so that you can get Rs 4000. Actually, if you have not registered under PM Kisan Samman Nidhi, then get it done by 30 September. In this case, he will get Rs 4,000. He will get two consecutive installments. If your application is accepted then in October or November you will get Rs 2000. After this, the installment of 2000 rupees will come in your bank account in December also.

5. There will be change in investment related rules (Mutual fund related rules)
Market regulator SEBI (SEBI) has now come up with a new rule keeping in mind the interests of mutual fund investors. This rule will be applicable to the junior employees working in Asset Under Management (AMC) ie Mutual Fund House. Junior employees of asset under management companies will have to invest 10 per cent of their gross salary in units of that mutual fund with effect from October 1, 2021. Whereas by October 1, 2023, phasewise it will be 20 percent of the salary. SEBI has called it the Skin in the Game rule. The investment will also have a lock-in period.



6. There will be a change in the prices of LPG cylinders (LPG price)
There will be a change in the prices of LPG cylinders from October 1. Let us know that on the first of every month, new prices of domestic LPG and commercial cylinders are fixed.

7. Private Liquor Shops Closed
Private liquor shops will be closed in Delhi from October 1. Till November 16, Mandira will be sold only in government shops. Deputy CM Manish Sisodia said that under the new excise policy, the process of allotment of licenses has been done by dividing the capital into 32 zones. Now from November 17, shops will open only under the new policy.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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