Money Rules Changing: These rules related to your pocket will change as the year changes, common people will be affected in this way

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Money Rules Changing: These rules related to your pocket will change as the year changes, common people will be affected in this way

Money Rules Changing: As the dawn of a new year approaches, so too do changes in the financial landscape that will reverberate through the pockets of everyday individuals. In this insightful exploration, we unravel the forthcoming shifts in money rules that are poised to influence the lives of common people. From altered regulations to evolving economic trends, join us on a journey through the transformative nuances that await, shaping the financial experiences of individuals in the upcoming year.

  • On November 7, NPCI issued a notification to all payment apps ordering that those UPI IDs which have not been used for a year, should be deactivated. This rule will come into effect from January 1, 2024.
  • There is going to be a change in the way of getting a new SIM from tomorrow. Now you can get a SIM card without submitting physical documents only by doing KYC.
  • Today the deadline for signing the new locker agreement of the bank is ending. After this, unless you sign a new locker agreement, you will not get the facility to operate the locker.
  • Today is the last date to file ITR for assessment year 2022-23. After this you will not get a chance to file ITR for this year.
  • From tomorrow, beneficiaries of PM Ujjwala scheme in Rajasthan will get Rs 50 cheaper gas cylinder.
  • Cars of many companies like Maruti Suzuki, Mahindra and Audi are becoming expensive from January 1.
  • There will be a total of 16 days of bank holidays in January 2024. In such a situation, you can do your planning by looking at the list of holidays.

Conclusion

As the curtain falls on the current year, a tapestry of regulatory changes and impending deadlines unfolds, ushering in a landscape of new norms and financial considerations for individuals. From the NPCI’s directive on UPI ID deactivation to the streamlined process of obtaining a new SIM through digital KYC, and the crucial necessity of renewing locker agreements for continued access, these shifts underscore the evolving nature of our financial interactions.

With the deadline for filing Income Tax Returns for the assessment year 2022-23 drawing to a close, it marks the culmination of a crucial period for taxpayers. Meanwhile, beneficiaries of the PM Ujjwala scheme in Rajasthan can anticipate a pocket-friendly start to the year with a reduction in gas cylinder prices.

The automotive realm echoes with the anticipation of price adjustments, as renowned brands like Maruti Suzuki, Mahindra, and Audi prepare for revised costs effective January 1. As we bid farewell to the present month, individuals can plan their engagements wisely, taking note of the 16 bank holidays in January 2024.

In this flux of changes, the coming days beckon with both challenges and opportunities, urging individuals to adapt and navigate the evolving financial terrain with vigilance and foresight

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