Rule Change from 1st June: The new month June is going to start from tomorrow. The beginning of every month changes many rules related to your household budget.
These rules have a direct effect on your bank account. The prices of gas cylinders, PNG, CNG will change in June. New rules for buying and selling your PF, gold will come into force.
Electric two-wheelers will be expensive
If you are also thinking of taking an electric two-wheeler, then go ahead because the government has cut down the benefits available for taking them. Buying an electric two-wheeler will become costlier from June 1. According to the notification issued on May 21, the Ministry of Heavy Industry has reduced the subsidy on electric two wheelers accordingly. This is the reason that now you may find it expensive to buy an electric two wheeler.
Gold hallmarking rules
From June 1, the rules related to hallmarking of gold will also come into force. Gold buying and selling will change. Now you will not be able to buy gold without hallmark.
There will be a change in the rules of EPFO
EPFO rules will also change from June 1. You have to link your PF account with Aadhaar. If you do not link Aadhaar with PF till June 1, then there may be trouble.
Changes in ITR website
The new website of Income Tax will be launched from 7th June. That is, taxpayers filing ITR returns should be aware of this.
Bank of baroda is changing the method of check payment
The rules for making payment through Bank of Baroda check are changing from June 1. That is, now, if there is a check of more amount, first the bank will have to inform about it.
Small savings scheme rates will change in june
The government will decide on the interest rates of Small Savings Scheme at the end of June. The government decides on the interest rates for small savings schemes every quarter.
There may be an increase in the prices of gas cylinders, CNG and PNG
LPG gas cylinder prices change on the first of every month. Companies fix their prices.
