1st February Rules Changes: Big news! These rules will change from 1st February 2023, know here full list

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From February 1, 2023, many changes are going to come in many rules related to money. This will directly affect your pocket. The Modi government will present its last full budget (Budget 2023) before the 2024 Lok Sabha elections.

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In such a situation, people have high expectations from the budget. Along with this, changes are going to come in the rules related to the bank. Let’s see the complete list of these rules.

General budget will be presented

Finance Minister Nirmala Sitharaman is going to present the budget (Budget 2023) for the financial year 2023-24 on February 1, 2023. The whole country is watching it with great expectations. Decisions that give relief to the common man are being expected in the budget.

Extra charge will be applicable for paying rent by credit card.

Paying rent through credit card is going to be costly. Actually, the holders of Bank of Baroda Credit Card have got a big shock. The company has announced that it will charge 1 per cent fee on Rent Payments through credit cards. This rule will be effective from February 1, 2023.

LPG prices

The prices of LPG gas cylinders are reviewed on the first of every month. In these, increase and reduction are possible on the first date of every month. It is expected that there will be no change in the prices.

Tata Motors increased the prices of passenger vehicles by 1.2 percent

The country’s leading automobile manufacturer Tata Motors has announced to increase the prices of passenger vehicles. The increased prices will be effective from February 1, 2023. According to the company, on an average basis, the price of passenger vehicles with petrol and diesel engines will increase by 1.2 per cent depending on the model and variant.

If you are driving such a vehicle in Noida, be careful!

Under the scrapies policy, the Transport Department has now started taking strict action in Gautam Budh Nagar as well. Now 15 year old petrol and 10 year old diesel vehicles will be seized and scrapped in Noida and Greater Noida from February 1, 2023. Earlier, on the orders of NGT, the Transport Department had canceled the registration of a large number of petrol and diesel vehicles.

Now these vehicles will be caught and confiscated. After people showed no interest in the scrappage policy issued by the Central Government, the Transport Department has decided to take strict action.

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