These changes include many things from GST rules to ATM transactions etc. Now the companies will have to upload the electronic invoice on the IRP within seven days of the issue of the electronic invoice. PNB’s ATM transaction failure will also be charged from today. Brokers will not be able to take bank guarantees from clients’ money. At the same time, Tata and Audi increased the prices of their vehicles. Let us tell you about the changes from today.

Charges will be levied if ATM transaction fails

Punjab National Bank (PNB) customers are going to get a big shock. If a PNB customer does not have money in his account and does a transaction from an ATM and it fails, the bank will charge for this transaction. Rs 10 and GST will be charged separately on such transactions. Information in this regard has been given by sending messages to the customers on behalf of the bank. Apart from this, a notice has also been issued on the bank’s website. This rule is coming into force from 1 May 2023.

Tata Motors again increased the prices of cars

In terms of sales, the country’s number-3 car company Tata Motors has announced that it is going to increase the prices of all its cars and their models. The company is increasing the prices of all its models by up to 0.6 percent. Tata has increased the prices for the second time this year. Audi is also going to increase the prices of its vehicles. Luxury SUVs Q3 and Q3 Sportback will see a price hike of up to Rs 1 lakh. The Audi Q8 Celebration, Audi RS5 and the Audi S5 will see a price hike of up to Rs 4 lakh.

Brokers will not be able to take new bank guarantees from customers’ money

Brokers used to keep investors’ funds with the bank for guarantee as per their requirement and in such a situation there was a possibility of misuse of common investors’ money. But from May 1, brokers will not be able to do so. Markets regulator SEBI, in a recent circular, has mandated that stock brokers and clearing members can no longer pledge client money with banks as a guarantee. The existing bank guarantee, which is now, will be canceled by 30 September.

Receipt will have to be uploaded in 7 days

Companies whose total turnover is Rs 100 crore or more will now have to upload the electronic invoice ie receipt on the Invoice Registration Portal ie IRP within 7 days from May 1. Till now there was no such deadline. GST Network said that in order to ensure timely compliance, taxpayers falling within the prescribed turnover limit will not get the facility to report uploading of invoices older than seven days. Those who do not do this will not be able to take advantage of Input Tax Credit ie ITC.

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According to the PNB website, if you do not have sufficient balance in your account and the ATM transaction does not go through, you will be charged Rs 10 + GST ​​for cash withdrawal transactions. PNB told its customer, “Dear Customer, w.e.f. 01.05.2023, a charge of Rs 10 + GST ​​will be levied on domestic ATM cash withdrawal transactions that fail due to insufficient balance.

Revision in Debit Card Charges

As informed by PNB, the bank is revising debit card and prepaid card issuance charges and annual maintenance charges. Apart from this, PoS and e-commerce transactions done through debit cards will be charged. However, this charge will be levied only if the customer’s bank account does not have sufficient funds and the transaction could not be done because of this. That is, when you buy goods from an e-commerce website like Amazon Flipkart and pay with POS and debit card, but for some reason there is not enough balance in your account and the transaction fails, even then the bank is planning to impose penalty.

Below are the guidelines for failed ATM transactions as per PNB’s website.

1. Complaint regarding failed ATM transaction is to be addressed within 7 working days.
2. If the transaction does not happen within 30 days from the date of failure, a compensation of Rs 100 per day will be given by the bank.
3. If there is any problem or complaint, you can contact on customer care number 0120-2490000 or 18001802222, 1800 103 2222.

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This may harm you. Government bank Punjab National Bank (PNB) is going to make a rule regarding this . Now if your ATM transaction is not completed due to lack of money in your account, then you will have to pay a charge.

Charges will be levied for non-completion of ATM transaction

If your transaction is not completed while withdrawing money from ATM , then you will have to pay a charge on it. On this you will have to pay a charge of Rs 10 including GST. Punjab National Bank has informed its customers through a message that a charge of Rs 10 along with GST will be levied from May 1 for using ATMs if there is not enough money in the account.

PNB is making this preparation

Explain that the bank is in the process of revising the debit card and ATM card issuance fees and annual maintenance fees. If you pay with your ATM card or debit card while purchasing any item and there is not enough money in your account and the transaction fails, you may be charged. PNB will also levy charges on PoS and e-Comm transactions done through debit cards if the account does not have sufficient amount to make the payment.

Apart from this, if your card is lost or stolen, then you have to block it immediately. In case of loss of the card, you will be able to block it from your registered mobile number by sending an SMS. However, if you have hotlisted your card once, you will not be able to activate it again, you will have to get another card made.

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A little caution can save you from any untoward incident. Before withdrawing money from ATM, you should check that how safe is the machine from which you are withdrawing money. The biggest danger in ATM is due to card cloning. We will tell you how your details can be stolen…

Hackers steal the data of any customer from the card slot in the ATM machine. They put such a device in the card slot of the ATM machine, which scans the complete information of your card. After this, they steal data from Bluetooth or any other wireless device.

To gain complete access to your debit card, the hacker needs to have your PIN number. Hackers can track the pin number with a camera. To avoid this, whenever you enter your PIN number in the ATM, hide it with the other hand. So that his image does not go in the CCTV camera.

When you go to the ATM, check the card slot of the ATM machine carefully. If you feel that any tampering has been done in the ATM card slot or the slot is loose or there is any other problem then do not use it.

While putting the card in the card slot, pay attention to the light burning in it. If the green light is on in the slot then the ATM is safe. But if red or any other light is not burning in it, then do not use the ATM. This could be a sign of a glitch.

If you ever feel that you have fallen into the trap of hackers and the bank is also closed, then you should contact the police. By giving this information to the police as soon as possible, you can get fingerprints there. You can also see who has an active Bluetooth connection around you, making it easier to reach that person.

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However, for transactions exceeding the limit, different banks charge different types of fines. Here today we will tell you about the fine imposed by 3 major banks of the country on ATM transaction more than the limit. But, along with this, it is also very important for you to know that the Reserve Bank of India has also fixed a different limit for ATM transaction for different cities of the country.

Can withdraw money from other banks only 3 times

You can use ATMs of other banks only 3 times in these 6 cities of the country: According to the rules of RBI, 6 cities of the country – Delhi, Mumbai, Bangalore, Chennai, Hyderabad and Kolkata are included in the cities where you can use other banks. Bank ATM can be used only 3 times. Except these 6 cities, you can do maximum 5 free transactions in a month from other bank’s ATMs in the rest of the country.

The point to note here is that free ATM transactions include both financial and non-financial transactions. That is, you withdraw money from ATM or just check account balance, it will keep adding to your limit. However, after the specified limit, there is a higher fine on financial transactions and less on non-financial transactions.

Know how much SBI will charge

If you are a customer of SBI and have completed the prescribed limit of transaction from other bank’s ATM, then after that you will have to pay Rs 20 for every transaction. Along with this, you will also have to pay GST on it. Apart from this, if you meet the limit of SBI ATM, then after that you will have to pay Rs 10 and GST on every transaction.

HDFC Bank Charges

If you are a customer of HDFC Bank and have completed the prescribed limit of transaction from other bank’s ATM, then after that you will have to pay Rs 21 plus GST for every transaction. Apart from this, even after meeting the limit of HDFC Bank ATM, you will have to pay Rs 21 and GST. Let us tell you that HDFC Bank customers can do 5 free transactions in a month from their bank’s ATM .

ICICI Bank charges

If you are a customer of ICICI Bank and have completed the prescribed limit of transaction from other bank’s ATM, then after that you will have to pay GST on every transaction along with a total of Rs 21. And if you meet the limit from ICICI Bank ATM, then you will have to pay Rs 21 and GST for each transaction after that. Explain that ICICI Bank customers can do 5 free transactions in a month from their bank’s ATM.

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