Pension, from LPG cylinder to cheque book; 7 rules changing from today, understand what will be the effect on you

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PPF Account: Invest 416 rupees per day in PPF, Get 1 crore rupees at maturity, know details
PPF Account: Invest 416 rupees per day in PPF, Get 1 crore rupees at maturity, know details
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From October 1, many rules related to the bank have changed. The impact of these changes will be on the lives of the common man to the special. The rules that are changing from today are the rules related to cheque book, auto debit payment, LPG cylinder price and pension of many banks. Let’s take a look at what is going to change.




LPG cylinder becomes expensive

On October 1, petroleum companies release the rates of domestic LPG. LPG cylinder has become costlier by about Rs 36 from today. It is a matter of relief that this increase has happened in 19 kg commercial cylinder. The price of non-subsidised domestic LPG cylinder in Delhi is still Rs 884.50.

FSSAI registration number will have to be written on the food bill

The Food Safety and Standards Authority of India (FSSAI) had directed all shopkeepers dealing with food items to get registered by October 1. From today, it has become mandatory for the shopkeepers associated with food items to write the registration number of FSSAI on the bill of goods. Now from the shop to the restaurant, the display will have to tell which food items they are using. If customers do not give the FSSAI registration number on the bill, action will be taken against the shopkeeper, which is punishable by going to jail.

old cheque book will not work

The old chequebooks of Oriental Bank of Commerce (OBC), United Bank of India (UBII) and Allahabad Bank will not work from today. These banks have been merged with other banks, after which the account numbers, cheque books, IFSC and MICR codes of the account holders were changed. Till now customers were using old cheque book, but now they will not be able to do so from 1st October i.e. today. In such a situation, the account holders will have to get a new cheque book.




There will be change in pension rules

The rule related to digital life certificate has changed from today. All the elderly pensioners of the country who are 80 years of age 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.

Private liquor shops closed in Delhi

Private liquor shops in Delhi are shutting down from today and will remain closed till November 16, 2021. Till then only government shops will open. This change was made regarding the allotment of licenses. According to Delhi Deputy CM Manish Sisodia, the new excise policy will divide the capital into 32 zones. According to the new guideline, from November 17, only shops coming under the new policy will be able to operate.

Demat account will be deactivated



SEBI had asked people holding demat and trading accounts to update KYC details before 30 September 2021. If you have not updated KYC in your demat account till now, then your demat account will be suspended and you will not be able to trade in the market. It will not be activated until you do the KYC update.

Mutual fund investment will change

Markets regulator SEBI has changed the rules for mutual fund investment. As per the new rules, asset under management will be applicable to junior employees working in mutual fund houses. From October 1, 2021, junior employees of MSC companies will have to invest 10 per cent of their salary in units of mutual funds, while phase-wise by October 1, 2023, it will be 20 per cent of the salary.

Auto debit payment method will change

From October 1, the rules related to payment of credit-debit cards have changed. From today, a new rule of auto payment from your credit / debit card has been implemented, under which banks will not be able to deduct money from your account without giving the customer’s information. Bank will give you prior information for this, all its payment will be deducted from your bank. The bank will debit the money from the consumer’s account only if he gives permission for the same.

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