Strict rules for mutual funds and demat account
New Financial Rules from 1st April: Now only a few days are left for the new financial year 2025-26 to start. The new financial year will begin on Tuesday, April 1. With the beginning of the new financial year, many financial rules will also change for crores of common people of the country. Today we will learn about the rules in which changes are going to happen from April 1.
Upi will not run
NPCI is going to make a big change in UPI rules from April 1, 2025 to curb the growing financial fraud in the country. If the bank account you are running UPI, if the mobile number linked to that bank account is inactive for a long time, then such UPI ID will be closed from April 1 and your UPI will not run.
Change in tax regime
If you are in a new tax regime and now you want to go to the old tax regime, then you can make these changes. If you do not announce the Old Tax Regime at the time of tax filing, the system will automatically put you in the new tax regime.
Dividend will not be available
If you have not yet linked PAN and Aadhaar, then from April 1, 2025 you will stop getting dividend. Along with this, TDS deductions from dividend and capital gains will also increase. Not only this, you will not get any credit in Form 26AS.
Strict rules for mutual funds and demat account
From April 1, 2025, the rules related to KYC for mutual funds and demat accounts are going to be strict. New rules made by SEBI for non-banking financial companies are going to be implemented. According to the new rules, all users will have to re -verify all the details of their KYC and the nominee made. If you do not do this, then your account can be freezed.
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