The year 2022 is about to end and the new year is about to begin. Preparations have started to welcome 2023, but this new year is going to bring some big changes from the first day itself (Rule Changes 2023), which will directly affect your financial health. can be proved. That’s why it is very important for you to be aware of these changes. We are telling about five such major changes, which include LPG cylinder price (LPG Price) to bank locker rules (Bank Locker Rules).
Beginning of the new year with changes
Although the first date of every month brings many changes with it. But the changes that happen before the year are more noticeable, from which the whole year can be estimated. Among the major changes that will take place from January 1, 2023, there may be a change in the prices of gas cylinders, CNG and PNG (CNG-PNG Price). Along with this, according to the guidelines of RBI, the rules related to bank locker are about to change. While HDFC is going to change the rules of rewards points on its credit cards, the limit for GST e-invoicing is going to decrease.
- GST Invoicing rules
GST e-invoicing (GST Invoicing) or electronic bill rules are going to change from January 1, 2023. The government has reduced the limit of Rs 20 crore to Rs 5 crore for e-invoicing. This rule is going to be implemented from the first day of 2023. With the implementation of this rule, it will now be necessary to generate electronic bills for those businessmen whose annual turnover is more than five crores. - Bank Locker rules
According to the new guidelines issued by the Reserve Bank of India (RBI), from January 1, 2023, there is going to be a change in the rules regarding Bank Locker. After the implementation of the new rules, the banks will be under control and they will not be able to do arbitrary with the customers regarding the bank locker. After this, the responsibility of the banks will increase further… because if there is any damage to the goods of a customer kept in the locker due to any reason, then the responsibility of the bank will be fixed. Tell that the customers have to sign an agreement with the bank till December 31, through which the customers will be informed about the change in locker rules through SMS and other means. - Buying a vehicle is expensive!
If you are also planning to buy a car for yourself or your family on the new year, then you may have to shell out more. Actually, from the beginning of 2023, companies like Maruti Suzuki, MG Motors, Hyundai, Reno to Audi and Mercedese are going to increase the price of their vehicles. An announcement has also been made by Tata to increase the price of its commercial vehicles from January 2023. is going. - Credit card rules
Private sector bank HDFC has decided to change the rules of its credit card (HDFC Bank Credit Card), which will come into effect from January 1, 2023. If you are using the credit card of this bank, then it is important for you to know this change. Actually, the rule of Reward Points received on payment of HDFC Credit Card is going to change. It would be better for you to pay all your reward points by 31 December 2022. - LPG-CNG-PNG prices
At the beginning of the new year, a big decision can be taken regarding the prices of LPG Cylinder-CNG-PNG. By the way, oil and gas companies revise the prices on the first of every month. But on the new year, the common man is expected to get relief from the government. This is also because for some time, there is a decline in the prices of crude oil. Due to this, a fall in the prices of Petrol-Diesel (Petrol-Diesel Price) can also be seen in the country on the new year.
New rule for phone companies
Along with these five major changes, from January 1, 2023, a new rule will also come for phone manufacturing companies and its import-export firms. Under this, registration of the IMEI number of every phone will be necessary for the companies. The Department of Telecommunications has made this preparation to curb the cases of tampering with IMEI. Registration of phones that have come to India with foreign travelers will also be mandatory.
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