From June 1, many rules related to money have changed. This list includes EPFO, LPG cylinder, credit card and other rules.
Rules changing from June 1: The month of June has started from today. Along with this, many rules have also been changed. There have been many changes related to money since June 1, which will directly affect the common man’s pocket. Some changes will be beneficial for them while some will increase the burden of the public.
LPG cylinder price change
Government oil companies have cut the price of commercial LPG cylinders. 83.50 rupees has been cut in 19 kg LPG cylinder. However, there has been no change in the rate of domestic LPG cylinders. Last month too, commercial LPG was cut by Rs 172.
New rules related to axis bank credit card
Axis Bank has revamped the airport lounge access program for its credit card holders. The new rules will come into effect from June 1 and will be valid till August 31. Explain that bank credit card users get the facility to use complimentary lounges at various airports in the country, there is a limit on the number of complimentary lounge access according to the type of card.
Buying electric two wheeler became expensive
The Ministry of Industry has reduced the subsidy on electric two wheeler vehicles, due to which a notification was issued on 21 May. The subsidy has been reduced from Rs 15,000 per kilowatt hour to Rs 10,000 per kilowatt hour.
Changes in EPFO rules
Employees Provident Fund Organization has also made major changes in the rules related to PF account, which will be effective from today. Now it will be mandatory for all account holders to link PF account with Aadhaar card. It will be the responsibility of the employer.
RBI started new campaign
The “100 Days 100 Payments” campaign has been launched by the Reserve Bank of India from June 1. Under this campaign, RBI will trace and settle the top 100 unclaimed deposits in every district of the country within 100 days.
