New Rules From June 1: There may be a big change in EPFO, which comes under the Ministry of Labor and Employment of the Government of India, from June 1.
New Rules From June 1: With the start of the new month on Sunday, June 1, many things will change for the common people as well. These changes from June 1 will directly affect your pocket. Broadly 4 things are going to change from the start of the new month. These four things include LPG gas cylinder prices, CNG, PNG and ATF prices, credit card usage and EPFO. Let’s know.
EPFO
There may be a big change in EPFO, which comes under the Ministry of Labor and Employment of the Government of India, from June 1. The government may launch EPFO ​​3.0 on June 1. Under EPFO ​​3.0, crores of employees under EPFO ​​will be able to withdraw money directly from the PF account with the help of ATM.
LPG
Oil marketing companies change the prices of LPG cylinders on the first of every month. Therefore, this time also on June 1, the prices of LPG cylinders may change as per the need. Let us tell you that on May 1, there was no change in the prices of 14.2 kg domestic LPG cylinder. On the other hand, the price of 19 kg commercial LPG cylinder was reduced by Rs 17.
CNG, PNG, ATF
Just like LPG, the prices of PNG and ATF will also be revised on the first of every month. Let us tell you that PNG is also a cooking gas, which is delivered directly to the kitchens through pipes. On the other hand, ATF is a fuel used to fly airplanes. Apart from these, the prices of CNG may also change on June 1.
Credit Card
Kotak Mahindra Bank will levy a new charge of 1 percent on the purchase of petrol, diesel and CNG after a fixed limit on some of its select credit cards. The bank has set a limit of Rs 35,000 and Rs 50,000 for different cards. If a customer makes purchases beyond this limit in a billing cycle, he will have to pay a fee of 1 percent.
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