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Home FINANCE New Rule from 1st June 2024: Many financial rules will change from...

New Rule from 1st June 2024: Many financial rules will change from next month, check details

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New Rule from 1st June 2024 Many financial rules change from the first date of every month. Many financial rules will also change in June 2024.

These rules have a direct impact on the general public. Let us tell you that the price of LPG cylinder is updated on the first date of every month. Let us know which financial rules are going to change in June.

The month of May is about to end and the month of June will start in a few days. Many financial rules change on the first of every month. The rules related to money will change in the month of June also.

Come, let us know which new financial rules are coming into effect from June 1, 2024.

LPG cylinder price

Oil marketing companies update the prices of LPG cylinders on the first of every month. In the month of May, oil companies reduced the prices of commercial cylinders. The prices of domestic cylinders and commercial cylinders will be updated on June 1, 2024 .

Also Read: Mutual Fund investors, KYC can be done even without Aadhar-PAN link

Banks holiday

According to the Bank Holiday List released by the Reserve Bank of India (RBI), banks will remain closed for 10 days in June. This includes Sunday, second and fourth Saturday holidays. Banks will remain closed in June due to other holidays like Raja Sankranti and Eid-ul-Adha. In such a situation, do check the holiday list before going to the bank.

Changes in traffic rules

There are going to be changes in traffic rules from June 1. Let us tell you that the new driving license rules (New Driving License Rules 2024) will be applicable from next month. If any person violates these rules, he will have to pay a heavy fine.

According to the new rule, if a person drives at high speed, he may have to pay a fine of Rs 1000 to Rs 2000. At the same time, a fine of Rs 500 will have to be paid for driving without a license. Apart from this, if the driver drives without a helmet or seat belt, he will have to pay a fine of Rs 100.

Aadhaar card update

UIDAI has extended the date for free updating of Aadhaar Card to June 14 . Aadhaar holders can easily update Aadhaar card online. However, for offline update i.e. going to the Aadhaar center, a charge of Rs 50 per update will have to be paid.

Minor will have to pay a fine of Rs 25,000 for driving a vehicle

The driving age in India is 18 years. If a minor below the age of 18 drives a vehicle, he will be fined heavily. If a minor is found driving a vehicle, he will have to pay a fine of up to Rs 25,000. Apart from this, a minor will not get a driving license until the age of 25.

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