Financial Rules Changing From 1 Jan: The year 2023 is in its last phase and the new year is about to begin. With the beginning of 2024, there are many financial rules which are going to change. These changes will have a direct impact on the pockets of common people. Know which changes in financial rules are going to have a direct impact on your life.
Inactive UPI account will be closed
The date of January 1 is very important for Unified Payment Interface i.e. UPI users. If you have not used your UPI account for 1 year, then use it as soon as possible. Otherwise your account will be deactivated. National Payments Corporation of India (NPCI) has ordered all payment apps to deactivate those users who have not used their UPI account for the last one year. NPCI has taken this step to stop UPI fraud.
Deadline for filing income tax return is ending
The deadline for filing ITR with late fees for financial year 2022-23 and assessment year 2023-24 is ending on December 31. So, if you have not done this work yet, then complete it as soon as possible. With this, the deadline for filing revised ITR is ending.
bank locker agreement
The Reserve Bank has ordered all the banks to get all their customers to sign a new locker agreement. For this, the deadline of 31st December has been fixed. In such a situation, if you have not signed the new locker agreement yet, then you have the last chance.
SIM card will be available on paperless KYC
The government is now providing the facility of paperless KYC to the customers for issuing SIM cards. Till now, to get a new SIM card, customers had to get physical verification of documents done, which took a lot of time. But now the rules are going to change in the new year. While purchasing a SIM from January 1, you can easily get a new SIM by just doing digital verification. Keep in mind that there has been no change in the rules for obtaining the remaining SIMs.
Cheap cylinder will be available in these states
In Rajasthan, from January 1, beneficiaries of Pradhan Mantri Ujjwala Yojana will get Rs 50 cheaper gas cylinder. During the elections, BJP had promised to give gas cylinders at Rs 50 cheaper to the Ujjwala scheme beneficiaries, which the government is now going to fulfill. Now people will get gas cylinder for Rs 450 instead of Rs 500.
Banks will remain closed for so many days
Banks are going to remain closed for 14 days in January. In such a situation, if you have to complete any important work related to the bank, then plan the work only after looking at the list of holidays.
