Business News Desk – Traveling on Yamuna Expressway has become expensive from October 1. Toll rates have been increased on Yamuna Expressway from today. In the new increased rates, Rs 247.50 will be charged from two-wheelers, three-wheelers and registered tractors. At the same time, Rs 486.75 will be charged from cars, jeeps, vans and light vehicles and Rs 1,542.75 will be charged from buses and trucks.
toll tax
Traveling on Yamuna Expressway has become expensive from October 1. Toll rates have been increased on Yamuna Expressway from today. In the new increased rates, Rs 247.50 will be charged from two-wheelers, three-wheelers and registered tractors. At the same time, Rs 486.75 will be charged from cars, jeeps, vans and light vehicles and Rs 1,542.75 will be charged from buses and trucks.
minimum wage rate
Ahead of festivals like Dussehra and Diwali, the central government has announced to increase the minimum wage rates by updating the Variable Dearness Allowance (VDA) of workers working in the unorganized sectors. After the amendment, the minimum wage rate for workers working in construction, cleaning, sanitizing, loading and unloading in Sector “A” for unskilled work will be Rs 783 per day (Rs 20,358 per month), for semi-skilled it will be Rs 868 per day. (Rs 22,568 per month), Rs 954 per day (Rs 24,804 per month) for skilled, clerical and unarmed chowkidar and Rs 1,035 per day (Rs 26,910 per month) for highly skilled and armed chowkidar have been fixed.
ppf
Last month, the Department of Economic Affairs of the Finance Ministry had issued guidelines for regularizing the Public Provident Fund (PPF). These guidelines are going to come into effect from October 1, 2024. From the beginning of next month, PPF accounts opened in the name of minors will get savings account interest till they turn 18. At the same time, if you have more than one PPF account, then only one account will get interest as per the rate of the scheme. Apart from this, no interest of any kind will be available on the amount deposited in other PPF accounts.
tds
In the General Budget-2024, Union Finance Minister Nirmala Sitharaman announced changes in the rules of Tax Deducted at Source (TDS), which are coming into effect from October 1. Now if you are earning more than Rs 10,000 in a year from central or state government bonds, you will have to pay 10 percent TDS.
STT
The new rate of Securities Transaction Tax (STT) will be applicable on Futures and Options (F&O) in the stock market from October 1. Now 0.1 percent STT will be levied on premium on sale of options, which was earlier 0.0625 percent. At the same time, on the sale of futures, 0.02 percent of the traded value will have to be paid as STT, which was earlier 0.0125 percent.
BSE/NSE Transaction Charges
The country’s leading stock exchange BSE has changed its transaction charges for cash and F&O deals. BSE has revised the transaction tax for Sensex and Bankex option contracts in the equity F&O segment to Rs 3,250 per crore of premium turnover. Whereas, the transaction charge in Sensex 50 and Stock Options is Rs 500 for every Rs 1 crore premium turnover value. At the same time, NSE has also changed the transaction charges for different segments from October 1. For every transaction value of Rs 1 lakh in cash, there will be a charge of Rs 2.97 on both sides. Apart from this, on trade value of Rs 1 lakh in equity futures, a charge of Rs 1.73 per lakh trade value will be levied on both sides. Whereas in equity option, a charge of Rs 35.03 per lakh will be levied on the premium value of Rs 1 lakh. Along with this, a charge of Rs 0.35 will be levied on both sides on trade value of Rs 1 lakh on currency futures.
bonus shares
The new rule on bonus share credit will be applicable from October 1. The bonus shares will be credited soon and trading will commence. Trading in bonus shares will start only 2 days after the record date. The new rules on bonus share credit will come into effect from October 1.
Sukanya Samriddhi Yojana (SSY)
Under Sukanya Samriddhi Yojana, from October 1, only the legal guardians of daughters will be able to operate their accounts. According to the new rule, if a person has opened a Sukanya Samriddhi Yojana account for his daughter and he is not her legal guardian, then he will have to transfer this account to the daughter’s legal guardian or parents.
HDFC Credit Card
New rules will also be applicable for HDFC credit cards from October 1. If you use HDFC Bank credit card, then the limit for redeeming reward points for Apple products on the SmartBuy platform has been fixed, due to which cardholders will be able to redeem these reward points only once a month.
Aadhar card
The rules related to PAN-Aadhaar are going to change from October 1, 2024. Aadhaar enrollment ID will not be able to be mentioned in the application form for PAN allotment and income tax return. The government has taken this step to prevent duplication.