There are many things that will change for you from September 1 and will affect you directly or indirectly. Basically, there are eight such changes that you should know about before September 1, which includes the new number issued by the Telecom Regulatory Authority of India and other changes related to the banking sector.
Curb fake calls and messages: TRAI’s new rule: TRAI (Telecom Regulatory Authority of India) has issued strict guidelines to stop fake calls and messages. From September 1, all telecom companies have been directed to transfer business calls and messages starting with 140 mobile number series to a blockchain-based platform. This will effectively stop fake calls and messages.
Changes in credit card rules: HDFC Bank: Now only up to 2000 reward points will be available every month on utility transactions. Apart from this, no reward points will be given on education payments through third party apps. IDFC First Bank: The minimum due amount on credit cards will be reduced and the payment date will be reduced from 18 days to 15 days.
Helmet compulsory for pillion rider on two-wheeler: New helmet rule: From September 1, it has been made compulsory for pillion riders to wear helmet on two-wheelers. Failure to follow this rule will result in a fine of Rs 1035 and driver’s license may be suspended.
Dearness Allowance Hike: For government employees: Dearness Allowance (DA) is likely to increase by 3% in September, taking it from 50% to 53%.
Last date for Aadhaar card update: Free update: Name, address and date of birth can be updated in Aadhaar card for free till 14 September 2024. After this you will have to pay a fee for updating.
SME listing rules to be tightened: National Stock Exchange (NSE): Rules for Small and Medium Enterprises (SME) will be tightened. Now only those companies will be able to get listed which have positive free cash flow for at least two out of the last three years.
Valid bank account required for filing GSTR-1: GST Rule 10A: From September 1, it has become mandatory to provide details of a valid bank account for filing GSTR-1. GST returns cannot be filed without valid bank account details.
Changes on Google Play Store: APK Upload Rules: Google Play Store will no longer allow the APK of any app to be uploaded to a third party app store. This step has been taken after a fraud case involving a crypto app.
It is important to follow these new rules as they can directly or indirectly impact your life and financial security.
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I am from Bihar. I am proud of being from Bihar. I teach a lesson to fake news. I am a friend of the migrants. India is my everything. You can contact me on Instagram at @nyabihar and lov@gulfhindi.com.
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