New Delhi. The new year 2024 has started from today. Today is the date of 1st January. Along with this, many rules have also changed. Let us tell you that many rules usually change on the first day of every month. This time too many financial and other rules have changed. These new rules are very important for you, because any or all of them are related to your everyday functioning. First let’s talk about the new SIM card. The new Telecom Bill has become law and has come into force. After this, the rules for purchasing mobile SIM cards have also changed. Now if you want to buy a new SIM, you will have to get your digital KYC done and will also have to provide biometrics. Apart from this, now if telecom companies want to send you a message, they will have to take your approval first.
Now let’s talk about income tax. Taxpayers who have not filed ITR i.e. return for the financial year 2022-23 were given time till December 31, 2023. Now if they file returns, they will have to pay penalty. Apart from this, from today the Income Tax Department can also take action against such taxpayers for not filing returns. If you too have not filed the return for 2022-23, then file it today itself after paying the penalty. So that the Income Tax Department cannot take any further action against you.
Now let’s talk about bank lockers and demat accounts. The Reserve Bank i.e. RBI has brought the renewal process of bank lockers under new rules from today. In the renewal process, the consumer having a bank locker will have to sign a new agreement. This will also burden the consumer with higher bank locker fees. However, with the new agreement, the things kept in the locker will also be covered under insurance. At the same time, the demat accounts in which the name of the nominee is not linked will be frozen from today. This instruction was given by SEBI recently. The date for adding the name of the nominee was fixed as December 31, 2023.