The month of October is about to end and November is about to begin. Like every month, the month of November also brings many important changes (rules change starting November 1st). These changes will come into effect from the first date and will affect all pockets. While there may be a change in LPG cylinder prices, credit card rules will also change. Let’s take a look at six big changes…
First change: LPG cylinder price
On the first of every month, oil companies change gas cylinder prices (LPG Cylinder Price) and publish new rates. Also this time a review of its prices is planned on November 1. This time a drop in the prices of 14 kg LPG cylinders, which have remained stable for a long time, is expected. Talking about the price of commercial gas cylinder, the price of 19 kg LPG cylinder had decreased in the month of July, but then it has been increasing for three consecutive months. During this period, the price of a cylinder increased by Rs 94. On October 1, the commercial cylinder had become more expensive by Rs 48.50 in Delhi.
Second change- ATF and CNG-PNG types
On the one hand, while oil marketing companies review the prices of LPG gas cylinders on the first of each month, along with this, in addition to CNG-PNG, the prices of air turbine fuel (ATF) are also reviewed. In recent months there has been a reduction in airline fuel prices and this time the festive gift of reduced prices is also expected. Apart from this, a big change can also be observed in the prices of CNG and PNG.
Third change: SBI credit card rule
Now let’s talk about the third change that will be implemented in the country from November 1 and which is related to the largest government bank in the country. In fact, SBI Card, a subsidiary of State Bank of India (SBI), will be implementing major changes from November 1, which are related to paying utility bills and finance charges through your credit card. If we understand the change in credit card rule in detail, from November 1, you will have to pay a finance charge of Rs 3.75 every month on unsecured SBI credit cards. Apart from this, a 1 per cent surcharge will have to be paid when paying more than Rs 50,000 towards electricity, water, LP gas and other utilities.
Fourth change: mutual fund rules
Market regulator SEBI has made preparations to tighten norms on insider trading in mutual funds and this will come into effect from November 1. In fact, according to the new internal rules to be implemented for mutual fund units, investments of more than Rs 15 lakh made by nominees and their close relatives will now not be allowed in the funds of asset management companies (AMCs). ). Information about the transaction must be provided to the compliance officer.
Fifth change- New TRAI rules
The fifth change in the list of important changes that will take place from November 1 is related to the telecom sector and these new rules can come into force from the first date. In fact, the government has directed all telecom companies, including JIO and Airtel, to implement message traceability. Under this, telecom companies have been ordered to block spam numbers. In such a situation, companies can block the number by putting the message on the spam list even before it reaches their SIM users.
Sixth change: no work in banks for 13 days
Banks will be closed on several occasions in November due to festivals and holidays as well as assembly elections. In November there will be a total of 13 holidays. Please let us know when banks will be closed. During these holidays, you can complete your banking-related works and transactions using the online services of banks. This service remains operational 24 hours a day, 7 days a week.
