Financial Rules Changing: With the beginning of November, there are going to be changes in many financial rules which will have a direct impact on the pockets of common people during the festive season.
Financial Rules Changing in November 2023: The month of October is about to end and November is about to begin. In such a situation, with the beginning of the new month, many financial changes are going to happen which will have a direct impact on the pockets of common people.
Oil companies decide the prices of LPG with the beginning of the new month. We are telling you what are the changes in this festive season which will have a direct impact on the pockets of common people.
Banks will remain closed for so many days in November
There are a lot of holidays in banks in the month of November due to Dhanteras, Diwali, Bhai Dooj, Chhath etc. In different states across the country, banks will remain closed for a total of 15 days including Saturday and Sunday. In such a situation, if you have important work related to the bank in the next month, then plan your holidays only after seeing the list. Otherwise you may have to face problems later.
LPG cylinder price
Government oil companies decide the prices of LPG, PNG and CNG on the first of every month. In such a situation, it has to be seen whether the government increases the prices just before the festivals giving a shock to the common people or keeps the prices stable.
Deadline set for laptop import
The Central Government had given exemption on import of HSN 8741 category laptops, personal computers and other electronic items. Now the government has not yet taken any decision on what changes will happen regarding this in November.
BSE increasing transaction charges on equity derivatives segment
Bombay Stock Exchange i.e. BSE has made a big announcement on October 20, 2023, informing that it is going to increase its transaction fees on the equity derivatives segment. These charges will be imposed on S&P BSE Sensex options, which will impact retail investors the most.
LIC policy holder should activate the lapse policy
If any of your LIC policies have lapsed and you want to restart it, you have a chance till 31st October. LIC has launched a special campaign (LIC Policy Revival Campaign) to revive the lapsed policy. According to Life Insurance Corporation of India, in this special campaign, 30 percent discount in late fee i.e. maximum of Rs 3,000 is being given on premium of Rs 1 lakh. Whereas between 1 lakh to 3 lakh, 30% discount is available i.e. maximum Rs 3500 and on more than 3 lakh, 30% discount is available i.e. up to Rs 4000. In such a situation, you have the last chance to take advantage of this discount.
