Cash deposit limit

Merchant Easy Account: Free cash deposit up to 12 times the average monthly balance (AMB) of the previous month, but up to a maximum of Rs 1.5 crore.

Merchant Prime Account: Free cash deposit up to 15 times the AMB of the previous month, up to a maximum of Rs 5 crore.

Rs 4 per 1,000 charge for cash deposits above the limit (minimum Rs 50 per transaction).

2 per cent charge on amount above Rs 10,000 for depositing notes of Rs 50 and below.

Coin deposit limit is Rs 1,000 per month. Thereafter, 5 per cent charge.

Minimum balance and non-maintenance charges

• Merchant Easy: Must maintain an average monthly balance of Rs 25,000.
• Merchant Prime: Must maintain an average monthly balance of Rs 50,000.
• Penalty of Rs 250 on shortfall and Rs 500 if the balance is less than half.

Payment and transaction services

• RTGS, NEFT and fund transfer within YES Bank are completely free.
• IMPS: First 5 transactions of the month are free, thereafter Rs 2.5 to Rs 15 are charged depending upon the amount.
• Chequebook: Free upto 100 pages, thereafter Rs 2 per page.
• Demand draft is free at YES Bank branches

Debit Card Charges

• Element Business Debit Card will be available in all accounts, annual fee is Rs 349.
• International withdrawal Rs 150 per transaction, balance inquiry Rs 20.
• ATMs of other banks: 3 free transactions in metro and 4 in non-metro, after this Rs 23 per financial

and Rs 10 per non-financial transaction.

YES Bank has clarified that all charges are exclusive of taxes and may change from time to time. It is important for merchant account holders to understand these new rules, otherwise they will have to bear the burden of additional charges.

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From September 1, there will be many big changes related to your money and daily life. These changes will have a direct impact on your pocket. Whether you are going to buy silver, use an SBI card or buy an LPG cylinder. We tell you what these new rules are and how they will affect you.

First, let’s talk about silver. The government is introducing new rules on silver, which will bring more transparency in its purchase and sale. Preparations are also underway for hallmarking of silver jewellery. This means that strict rules may be imposed on the price and quality of silver. If you are investing in silver or planning to buy jewellery, you need to keep these rules in mind. These changes will make the silver market more reliable, but they may also affect prices.

The rules are changing for SBI card users from September 1. Now, more charges may be levied on bill payments, fuel purchases or online shopping through credit cards. A 2% penalty will be levied on auto-debit failures and additional charges may also be charged on international transactions. Also, the value of reward points may also decrease. If you are using an SBI card, keep a record of your spending in advance, so that you can avoid unnecessary penalties.

The price of LPG cylinder changes on the first day of every month. This time too, the prices may be lower or higher on September 1. These changes are decided by the oil companies and the global market. If the price increases, your kitchen budget may get a little spoiled. So, plan your expenses in advance. If the price decreases, then this will be a comforting news for you.

Apart from this, ATM withdrawal rules in some banks may also change. New charges may be levied on ATM transactions, especially if you withdraw more than the prescribed limit. Therefore, avoid excessive use of ATMs and encourage digital payments.

Also, interest rates on fixed deposits (FDs) can also vary among some banks. Currently, most banks are offering interest rates of 6.5% to 7.5%, but there is speculation that these rates may come down. If you are thinking of investing money in FDs, then take a decision early.

Overall, these changes will impact your pocket and daily life. Whether it’s investing in silver, using a credit card or buying a gas cylinder, understand these new rules and prepare in advance.

Manage your budget, monitor your spending, and talk to a financial advisor if necessary. Take steps carefully so that these changes don’t become a problem for you.

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The Central Board of Secondary Education (CBSE) is going to bring many changes in the 2026 board exams, which will bring a new experience for the students. Now APAAR ID will be mandatory. Apart from this, the exam fee has also been increased and a digital center with AI is also being built. So that studies become easier.

What is going to change from CBSE Board Exam 2026 ?

CBSE has taken some big decisions for the 2026 board exams. First of all, now every student will have to link their APAAR ID with the school record which has become very necessary. Apart from this, the exam and registration fees have been increased. And the most interesting thing is that CBSE is building an AI powered digital experience center in Delhi where students will get the opportunity to study with new technology. All these things will be implemented from 2026.

CBSE Exam APAAR ID mandatory: What is APAAR ID, and why is it necessary?

APAAR ID is a special digital account that will be unique for every student and will remain forever. In this, all your educational information, marks, certificates and records will be safe in one place. CBSE Chairman says that this will keep the data accurate and the problem of duplicate records will end. Now schools will have to create APAAR ID for all students from class 9 to 12, so that everything can be set before the exam. So if you are in class 9 or above, check your ID quickly.

CBSE Exam Fees Hike: How much increase in exam fees?

CBSE has increased fees by about 6.66% from the 2025-26 session. The board says that there was no increase in fees since 2020 while the expenditure on conducting exams, staff and other things has increased manifold. Earlier, there was also some income from migration certificate, but now it is not mandatory from 2024-25, so the only source of income for the board is fees. Now according to the new fee structure, the fee for one subject for class 10 and 12 for India will now be Rs 320, Rs 1600 for five subjects and the practical fee for class 12 will be Rs 160.

The registration fee for class 9 and 11 will be Rs 320. For Nepal, the cost of one subject will be Rs 1100, the cost of five subjects will be Rs 5500, the cost of practical will be Rs 175 and the registration fee will be Rs 550/660. For other countries, the cost of one subject will be Rs 2200, the cost of five subjects will be Rs 11,000, the cost of practical will be Rs 375 and the registration fee will be Rs 550/660.

CBSE’s biggest gift is the AI-based Digital Experience Centre which will be built in an integrated office complex in Sector 23, Dwarka, Delhi. This centre will give students an opportunity to study in a high-tech way. There will be state-of-the-art educational material, virtual classes and a technology-rich environment that will enhance your creativity and ability to learn new things. Imagine how much fun it will be to study in a gaming style or with AI-generated study material. This centre is being built especially for students, so that they do not lag behind in the age of technology.

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It is important to know these changes in advance so that you can plan your budget and avoid any financial problems next month.

Changes related to credit cards…

There are significant changes related to credit cards. If you use an SBI card, then from August 11, the free air accident insurance on some co-branded cards will end. Till now, SBI, in collaboration with UCO Bank, Central Bank, PSB, Karur Vysya Bank and Allahabad Bank, used to provide insurance cover ranging from Rs 50 lakh to Rs 1 crore on some special cards. Now this facility is being discontinued, which may come as a shock to the cardholders.

Gas cylinder prices may change…

There may be a change in the price of LPG and commercial cylinders. Like every month, oil companies fix the prices of cylinders on August 1. In July, the price of a 19 kg commercial cylinder was reduced by Rs 60, but the price of LPG remained the same. Now it is expected that LPG may become cheaper on August 1, which will be a relief for the household budget.

Changes in rules related to UPI payments…

The new rules will be applicable for those who make payments through UPI. If you use Paytm, PhonePe or Google Pay, the National Payments Corporation of India has imposed some limits. Now you will be able to check your balance only 50 times in a day and check bank accounts linked to your mobile number 25 times.

Autopay transactions, such as Netflix or mutual fund installments, will now be processed three times a day: before 10 a.m., between 1 p.m. and 5 p.m., and after 9:30 p.m. The status of failed transactions can only be checked three times a day, with a 90-second gap between each check.

There has been no change in the prices of CNG and PNG

since April 2025, when CNG was Rs 79.50 per kg and PNG was Rs 49 per unit in Mumbai. Now the prices are expected to change on August 1.

There will be so many bank holidays next month….

The list of bank holidays in August has been released. The Reserve Bank of India decides holidays every month based on festivals and important dates, which may vary at different places. There will be 16 bank holidays in the month of August.

Aviation fuel (ATF) prices may also change on August 1. This may affect the prices of air tickets. These changes may increase your monthly expenses, so plan ahead.

The post New Rules: New rules will be implemented from August 1, these 6 changes will be made including UPI, LPG, your pocket will be loose! first appeared on Rightsofemployees.com.

In the new rules, banks have been given the freedom to re-examine the old rejected cases. NPCI had found in December 2023 that some people were repeatedly doing chargebacks and misusing the system. Therefore, its limit was fixed.

If a customer did a chargeback more than 10 times in a month or more than five times with a single person, then his next refund claim was rejected, but now it is also believed that some genuine claims are also getting stopped due to these rules. Keeping this in mind, this new system has been introduced.

Banks will re-examine old cases

The new chargeback system will work in conjunction with the existing claim process and will give banks the added advantage of being able to re-examine previously rejected cases. The biggest benefit of this change will be to consumers as they will not have to file complaints again and again. Banks will automatically identify which cases are refundable and will be able to restart the refund process based on that.

Eliminate the need for permission

Under the new rules, banks will no longer need to seek separate approval from NPCI to refund money. Under this new system, if a transaction fails or due to technical fault, money is deducted from the customer’s account but does not reach the beneficiary, then the bank will be able to send that transaction directly to NPCI again and start the refund process.

Who will benefit?

1. Customers will get their money back quickly, chances of fraud will be reduced.

2. Banks’ time will be saved, they will not have to wait for NPCI’s approval.

3. Trust and transparency will increase in the government’s digital payment system.

What to do in case of a wrong transaction?

1. Contact bank: Inform your bank or UPI service provider (e.g. Google Pay, PhonePe) immediately. Provide details like transaction ID, amount, date and incorrect UPI ID.

2. Contact the recipient: If the recipient’s phone number or UPI ID is available, request them to refund the amount.

3. Complain to NPCI: If no solution is found, lodge a complaint on NPCI website.

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According to officials, social media scrutiny will now also play an important role in the visa process. The State Department has made it clear that officials will scrutinize social media accounts, posts and messages that may be against the US government, citizens, cultural institutions or the country’s core principles.

According to the ministry’s statement, “Through this social media screening, we will ensure that every person entering the United States is thoroughly vetted and does not pose a threat to the country’s security or core policies in any way.”

With this new step, the path seems to be opening once again for students dreaming of studying in the US, but they will now have to take full responsibility for the cleanliness and appropriate use of their social media records. This new rule is likely to be a challenge for many candidates, especially those whose accounts have shared controversial or security-related content.

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This means that now tickets will be available only 3 months in advance. Yes, there is no such limit on special trains. Earlier people used to cancel tickets, then wait for 5-7 days for the refund SMS.

Train Ticket New Rules: Now booking a ticket from IRCTC is not a simple task. From 1 May 2025, a new rule has come into force – before booking a ticket, an OTP will be sent to the mobile number, it will have to be verified. Whether you are an old user or a new one, everyone will have to do this. Now there will be no excuse that ‘brother had booked it’. The ticket will now be booked in the name of the person who will do the verification.

Booking tickets 120 days in advance? Forget it now

Earlier people used to book tickets 4 months in advance for weddings or summer vacations. Now this will not work. Railways has reduced the booking window to 90 days. This means that now tickets will be available only 3 months in advance. Yes, there is no such limit on special trains. Earlier, people used to cancel tickets and then wait for 5-7 days for the refund SMS. Not anymore. Now on cancelling the ticket, the money will be refunded within 2 days. The only condition is that the ticket should be linked to your bank account. Whether the ticket is booked online or from the station.

Ticket validity – e-ticket will be valid on mobile

If you have an e-ticket, show it on your mobile easily, no need to print it. But remember – the ticket is valid only for the date and train mentioned on it. If you miss the train, the ticket is useless.

Ticket cancellation charges – Money will be deducted according to the class

Now listen to the most important thing – how much money will be deducted on cancelling the ticket?

• AC First Class/Executive – ₹240
• AC 2 Tier/First Class – ₹200
• AC 3 Tier/Chair Car/AC 3 Economy – ₹180
• Sleeper Class – ₹120
• Second Class – ₹60

If you cancel the ticket 48 to 12 hours before the ticket, then 25% of the total fare will be deducted, but not less than the minimum amount mentioned above.

Now even the attempt of those with waiting tickets to enter the train is futile. New rule will be implemented from May 1 – those with waiting tickets will not be able to board AC and sleeper coaches. If caught, a heavy fine and deboarding is certain.

There will be no refund on cancellation of Tatkal ticket

The game of Tatkal tickets has also changed. Now if you cancel a confirmed Tatkal ticket, you will not get even a single rupee back. Yes, if the ticket was in waiting list or you had to cancel it due to compulsion, then you can get some money back as per the old rules.

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AOA President Sachin Tyagi said that several steps have been taken keeping in mind the safety of the residents. Under the new rules, now in case of dog bite, the dog owner will have to bear the cost. Sometimes there have been fights between animal lovers and residents. In view of this, a ban has been imposed on taking pet dogs to the basement park of the society in the presence of children and elderly people, so that the safety of the people can be maintained. Along with this, a demand has also been made to register pet dogs as soon as possible.

The residents allege that some people in the society are still not following the rules of AOA, due to which the residents are facing problems. If the rules are repeatedly violated by any dog ​​owner of the society, a fine will be imposed by mutual consent. Sachin Tyagi said that at present, the fine for non-compliance of the rules in the society has not been decided yet.

Regarding this rule, animal lovers say that pet dogs should not be included in this rule. This is a wrong decision of AOA. Animal lovers are taking more care of their pet dogs than before. He says that if a stray dog ​​bites someone, who will treat it, can AOA take responsibility for it.

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With the implementation of MFA, it will not be easy to steal the data of any other user using GST and to commit any kind of fraud in GST.

Update number on GST portal

Under MFA, users will not be able to log in without a One Time Password (OTP). Therefore, all users should update their phone numbers on the GST portal this month so that there is no problem in receiving the OTP.

Mandatory for all users from April 1

MFA was implemented on an experimental basis for those with a turnover of more than Rs 20 crore from January 1 this year. Then, it was made mandatory for those with a turnover of Rs 5 crore from February 1. Now, it is being made mandatory for all users from April 1.

New update for traders

The rules of e-way bill are also being changed from April 1. From April 1, it will be mandatory for businessmen with a turnover of more than 10 crores to provide information about their e-invoices on the Invoice Registration Portal (IRP) within 30 days. If the information is not provided within 30 days, the invoice will be rejected. Currently, this rule is applicable for businessmen with a turnover of 100 crores and above.

Eating in hotel restaurants can be expensive

Eating in hotel restaurants may get a little expensive from April 1. From April 1, hotels with room rent less than Rs 7500 will be able to avail input tax credit (ITC) along with 18% GST.
At present, food in the restaurants of hotels where the room rent is less than Rs 7500 is charged 5% GST. If these hotels adopt the facility of ITC along with 18% GST, then food in the restaurants here will become expensive.

From April 1, 18% GST will be levied on the sale of old normal and electric cars instead of 12%. This rule will be applicable for agencies selling second-hand cars.

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There will be changes especially in the rules related to LPG, banking, UPI, car prices and air travel. Let us know which new rules will be implemented from February 1 and how they will affect you.

1. Change in LPG gas cylinder prices

LPG gas cylinder prices are revised on the first of every month. Oil companies release new prices that apply to both domestic and commercial cylinders.

➤ In January, the price of 19 kg commercial cylinder was reduced.
➤ Now it remains to be seen whether the price of domestic cylinder will decrease or increase on February 1.
➤ If the price increases, the burden on your pocket will increase and if it decreases, you will get relief.

2. New rules related to UPI transactions

National Payments Corporation of India (NPCI) has decided to implement new rules related to UPI transactions.

➤ From February 1, 2025, transaction IDs containing special characters will not be accepted.
➤ Now only alpha-numeric (letters and numbers) transaction IDs will be valid.
➤ The transaction will fail if the wrong ID is entered.
➤ This change has been made to make UPI payments secure and systematic.

3. Maruti Suzuki cars will become expensive

The country’s largest car manufacturer Maruti Suzuki has announced an increase in the prices of some of its models.

: Car prices will increase by up to Rs 32,500 from February 1, 2025.
: Models whose prices will increase include:

➤ Alto K10, S-Presso, Celerio, Wagon R, Swift, Dzire, Brezza, Ertiga, Ignis, Baleno, Ciaz, XL6, Francox, Invicto, Jimny and Grand Vitara.
➤ If you are thinking of buying a new car, then you may have to spend more money.

4. There will be changes in banking rules

Kotak Mahindra Bank has announced changes to some of its services and charges which will be effective from February 1, 2025.

➤ The free limit of ATM transactions can be reduced.
➤ The charges for banking services may increase.
➤ Bank customers will have to avail services as per the new fee structure.
➤ If you are a Kotak Bank customer, you may have to pay additional charges.

5. Air travel may become expensive – change in ATF prices

Air Turbine Fuel (ATF) prices are revised on the first of every month.

➤ Air travel can become expensive if the price of ATF or aviation fuel increases.
➤ If oil companies increase prices, then the price of flight tickets can also increase.
➤ This will affect the passengers traveling by air in the country and abroad.

Impact of new changes on common man

➤ LPG prices increased – So gas cylinder will be expensive which may increase kitchen expenses.
➤ New rule in UPI transaction – Those making digital payments will have to ensure that their transaction ID is correct.
➤ Maruti cars expensive – If you are planning to buy a new car, then you will have to spend more money.
➤ Hike in banking charges – Kotak Mahindra Bank customers may have to pay more charges.
➤ ATF price increased – So flight tickets will be expensive which may increase the travel budget.

At the same time, these changes which will come into effect from February 1, 2025 will have a direct impact on the pocket of the common man. Some things may become expensive while the rules of some services may change. In such a situation, if you are associated with gas cylinder, car, banking services or air travel, then you must be aware of these changes. Now it remains to be seen whether the general public will get relief in the budget or inflation will increase!

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1. Guarantee limit for agricultural loans increased:

The guarantee-free agricultural loan limit has been increased from Rs 1.60 lakh to Rs 2 lakh. Small farmers will get special benefits.

2. Banking services timings will change:

Banks’ working hours will be from 9 am to 5 pm. Online banking will be encouraged.

3. Ration Card Rules:

E-KYC will be mandatory for ration card holders from January 1.

Change in income limit: Families with income above ₹3 lakh in urban areas and ₹2 lakh in rural areas will not be eligible for ration.

4. Interest rates on credit cards will increase:

If the bill is not paid on time, interest rates will increase, which can increase from 30 percent to 50 percent.

5. Changes in GST:

New rules for e-way bill will be applicable, and if the seller does not comply with them. Then the input tax credit of the buyer may be at risk. 18% GST will be applicable on the sale of old cars.

6. Changes in Pension Rules:

Changes will be made in the eligibility criteria for widow and disabled pension. Pension beneficiaries will be reviewed regularly.

7. Amazon Prime Membership Terms:

The price of Amazon Prime membership may increase. Additional services will be provided under the new membership.

8. GST on Popcorn

GST will be applicable on popcorn in malls and cinemas, which can be up to 5%, 12% and 18%.

9. Linking Aadhaar Card and PAN Card:

Linking Aadhaar and PAN card will now be mandatory.

10. Changes in GST slabs:

Changes will be made in the GST slabs on certain goods and services.

11. New Pension Scheme:

A new pension scheme will be launched from January 1, 2025, which will have new rules for beneficiaries.

12. Delivery charges under GST:

18% GST will be applicable on delivery charges associated with online purchases.

13. Changes in public sector banks:

Online services will expand in public sector banks, and physical branches may decrease.

14. Shift towards digital education:

New guidelines will be issued regarding online education, which will benefit maximum students.

15. New rules for students:

Changes will be made to the scholarship and scholarship process.

16. Stock market rules:

New rules will come into effect for investing in the stock market, including changes in transaction fees and taxes.

17. Electricity Bill Change:

Online option for electricity bill payment will be encouraged.

18. Waste Disposal Rules:

New rules will be implemented in waste disposal so that the environment can be protected.

19. Insurance Scheme for Natural Disasters:

The government will launch an insurance scheme for areas affected by natural disasters.

20. Tax Return Filing:

New required documents will be prescribed for filing tax returns, and the process will be made easier.

21. International Travel Rules:

Changes will be made to the visa and passport process for international travel.

22. Smart City Scheme:

Under the new changes in the Smart City Scheme, cities will be made more smart and digital.

23. Changes in petrol and diesel prices:

Flexible changes will be made in petrol and diesel prices.

24. Changes in health insurance:

Changes will be made in the rules of health insurance, so that more and more people can take advantage of it.

25. New subsidy under housing schemes:

Changes will be made in housing schemes and new subsidy schemes will be launched for purchasing houses.

The implementation of all these changes will change daily life across the country. It will be important for you to follow these new rules, so that you can avoid any problems and take full advantage of government services.

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In such a situation, it is very important for people to know about these rules. A small mistake can cost you heavily. All these changes are going to have a direct impact on you. Let us know which rules are changing.

LPG gas cylinder became expensive

Like every month, this month too the price of LPG gas cylinder has changed. Oil marketing companies have increased the price of commercial gas cylinder by up to Rs 62. This affects small businessmen. However, there has been no increase in the price of domestic gas cylinder.

2 – Two big changes in the UPI Lite platform

Two major changes are going to happen in the UPI Lite platform from November 1, 2024. With this, UPI Lite users will be able to make more payments. RBI has also increased its transaction limit. Under the second change, your UPI Lite balance will go below a certain limit. With the new auto top-up feature, money will be added to UPI Lite again. This will eliminate the need for manual top-up. With this, payments can be made without stopping with the help of Unified Payments Interface (UPI) Lite.

3 – New rules for money transfer

RBI had said that the new rules for domestic money transfer will come into effect from November 1, 2024. So that the misuse of banking channels for fraud can be prevented. RBI had said in its circular that the availability of banking outlets has increased significantly. There has been an ease in fulfilling KYC requirements. Now users have many digital options for money transfer. Recently various services convenient in the existing framework were reviewed.

4 – Changes in credit card rules

SBI Card, a subsidiary of the country’s largest public sector bank State Bank of India, has made a big change from November 1. These are the rules related to utility bill payments and finance charges through credit cards. From November 1, a finance charge of Rs 3.75 will have to be paid every month on unsecured SBI credit cards. Apart from this, an extra charge of 1% has been imposed on payments of more than Rs 50,000 for electricity, water, LPG gas and other utility services.

5 – Changes in train tickets

The rules for booking train tickets have changed from November 1. Now train tickets can be booked only 60 days in advance, not 120 days as before. Indian Railways has made these changes in the rules for advance ticket booking to make the ticket booking process easier for passengers.

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Rewards rules

ICICI Bank has imposed caps on rewards across some of its categories. For utility and insurance payments, the bank has set a maximum spend limit of Rs 40,000 per month for entry and medium level cards and Rs 80,000 per month for premium cards.

Grocery spends will also be capped, with entry and medium level cardholders capped at Rs 20,000 per month, while premium cardholders can spend up to Rs 40,000 per month before hitting the rewards cap.

Apart from this, fuel spends will now be capped at Rs 50,000 per month for most cards. However, the Emerald Mastercard Metal credit card, which allows fuel transactions of up to Rs 1 lakh while qualifying for surcharge waivers, has been excluded.

ICICI Bank will also charge a 1% transaction fee on certain types of expenses. This fee will be applicable on education payments made through third party platforms, utility payments of more than Rs 50,000 per month and fuel payments of more than Rs 10,000 per month.

These will not be considered

Rent payments, government transactions and education spending will no longer be considered while calculating eligibility for milestone benefits or annual fee waiver. This means that if cardholders want to qualify for these perks, they will have to make adjustments in their spending strategies.

New fee structure

The bank has also changed its fee structure. Now a fee of Rs 199 will be charged on the supplementary card. Apart from this, late payment charges have also been changed and now a fee of Rs 100 will be charged on a balance of up to Rs 500 and up to Rs 1,300 on a balance of more than Rs 50,000. Meanwhile, finance charges on outstanding credit card balance will remain at 3.75% per month or 45% annually.

Changes in airport lounge access

ICICI Bank has made changes to its complimentary airport lounge access feature. To avail this benefit, cardholders will now have to spend at least Rs 75,000 in the previous quarter.

Spa services previously available through Dreamfolks membership will no longer be available. However, the good news is that Emerald, Emerald Visa and Emerald Private cardholders will benefit from a reduction in the spending requirement for annual fee waiver, which has been reduced from Rs 12 lakh to Rs 10 lakh. Emerald cards also offer higher fuel surcharge waiver limits of Rs 1 lakh, which sets them apart from other cards in the ICICI portfolio.

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1. Commercial LPG cylinder became expensive

From September 1, 2024, oil marketing companies have increased the price of 19 kg commercial gas cylinder by Rs 39. Now this cylinder will be available in Delhi for Rs 1,691, in Kolkata for Rs 1,802, in Mumbai for Rs 1,644, and in Chennai for Rs 1,855. However, there has been no change in the price of 14.2 kg domestic cylinder. Due to this, the gas cylinder used in restaurants, hotels, and other commercial works will become slightly expensive.

2. Aadhar Card Free Update

The opportunity to update information in Aadhaar card for free has now been extended till 14 September 2024. UIDAI has appealed to the people to keep their identity and address documents correct and update them from time to time. By taking advantage of this facility, you can update your Aadhaar card online without any charge.

Also Read: Monthly Income Plan: You will get Rs 20,500 every month in the post office…

3. Strictness on unwanted calls

Strictness will be imposed on fraudulent calls and messages from September 1, 2024. Telemarketing companies will have to shift to a new blockchain-based system by September 30. This will reduce the number of spam calls and improve the security of users. This move will help protect consumers from fraud.

4. New rules for credit cards

Changes have also been made in the rules of credit cards from September. HDFC Bank has set a limit on the reward points available on utility bills. IDFC First Bank has also changed the rules for credit card payments. This will affect the customers using credit cards. Therefore, it is important that you plan your expenses keeping these new rules in mind and use the card wisely.

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In a discussion paper released recently, the capital market regulator proposed to provide UPI block mechanism phase-wise in the cash segment for individual and Hindu Undivided Family (HUF) clients of QSBs. The UPI block mechanism is a system in which investors can trade in the secondary markets by blocking funds in their bank account instead of transferring them in advance to their brokerage firm.

The money will be debited from the bank account only when the shares are credited to the investor’s demat account. This mechanism is already available in the secondary markets on an optional basis. It is similar to the ASBA mechanism, which applicants use while bidding for shares in an IPO. This has helped in significantly reducing the overall timeline of the IPO process. It will help in reducing

many types of risks

SEBI believes that this system will help protect investors’ funds from any possible misuse. “Thus, the process of blocking funds and trading in the secondary market through the UPI facility mitigates the risk of misuse of the clients’ assets or loss of their assets due to default by the brokers,” SEBI said. Another advantage from the investor’s point of view will be that the blocked funds will continue to earn interest in the individual’s savings account. The policy of brokers will be reduced.

Also Read: Vistara flights will not be operated on any route from November 12, 2024

The SEBI paper said, “The analysis shows that clients hold an average daily cash balance of about ₹ 65,276 crore with their TMs in the cash segment. Assuming an average interest rate of 4% on this cash, the total annual interest for collaterals held in the cash segment would be approximately ₹2,611 crore.” SEBI said that this move will reduce the float income of brokerage firms from such balances and they may have to adjust brokerage rates to compensate for such loss of implicit income.

SEBI said that the overall result of this will be a more transparent and efficient ecosystem mechanism of transaction costs for investors in competitive scenarios. According to SEBI, this system will help in reducing the incidence of misuse of client cash collateral held by members and not given to the clearing corporation.

Along with this, it will also help in reducing the risk associated with the wrongful withdrawal of client cash collateral by members from the clearing corporation and the risk of non-settlement of payments to clients by trading members. Beta version of trading through block mechanism in secondary markets January 1, 2024 was launched for individuals and HUFs, which is applicable only to the cash segment. SEBI believes that “this system may become a popular way for retail investors (individuals and HUFs) to trade in the securities markets, provided the TMs are willing to adopt this system.”

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According to officials, under the SOP, property owners have been made mandatory to apply for occupancy certificate (OC) within 60 days under the Haryana Building Code Regulations. Apart from this, a new portal will be launched soon to simplify the approval process of four-storey buildings.

Stilt plus four-storey construction has been permitted under the new terms and conditions issued on July 2. Map approval will be granted for buildings located on roads 10 metres or wider, with the objective of standardising construction work and ensuring compliance with building codes.

Also Read: IMD’s new update: Heavy rain alert in these districts even today, check weather condition in your city

For those who have already built their houses…

Whereas, residents who have already constructed four-storey buildings without an approved plan will have to apply for OC within 60 days. The SOP issued by the Additional Chief Secretary of DTCP includes important points like application requirements, neighbour’s consent, basement construction rules, and document verification.

What real estate experts say

Pradeep Aggarwal, Founder and Chairman, Signature Global (India) Ltd, welcomed the move and said that we welcome the immediate implementation of the rules of the Stilt-Plus-Four policy by the Haryana Government. This policy will bring new opportunities for builders and home buyers in Gurugram. By allowing four independent units per plot, this policy will ensure better use of space while complying with Haryana building rules, which will increase property prices, improve the infrastructure of the city, and increase the standard of living of the people.

On the other hand, Ansal Housing Director Kushagra Ansal said that the Haryana government’s decision to allow stilt-plus-four-floor construction will not only fulfill people’s dreams but will also act as a catalyst for affordable housing plots. After a 16-month ban, this approval is a positive step towards meeting housing demand and promoting economic development.

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Under these new rules, the functioning of asset management companies will be improved and special attention will be paid to employees who hold sensitive information. Apart from this, these employees will also have to sign the necessary agreement.

A confidentiality agreement will need to be signed

According to market experts, under the new rules, mutual fund companies will have to maintain transparency regarding employees who have access to price sensitive information. Such employees will be considered as designated persons. They will be identified as designated persons. Under the new rules, a list of employees and other individuals who have access to sensitive information will have to be maintained. All of them will have to sign a confidentiality agreement. This will help SEBI in preventing insider trading.

There was a delay in implementing the rules due to opposition from the industry

SEBI issued a notification on July 26 saying that the new insider trading rules will come into effect from November 1, 2024. Under the new rules, asset management companies will have to review their internal controls from time to time. SEBI had issued a consultation paper on buying and selling in mutual fund companies regarding insider trading in July 2022. But, according to market experts, the implementation of the new rules has been delayed due to opposition from the industry.

Also Read: Lost Your Smartphone? Block UPI ID Quickly In Simple Steps

AMC, trustees and their relatives will have to disclose their holdings

According to the SEBI notification, under the new insider trading rules, those holding price sensitive information will no longer be allowed to trade mutual fund units. This information can affect the net asset value of the scheme as well as the interests of the unit holders. Insider trading rules will not allow people to make unethical profits.

Under the new rule, the AMC will have to disclose the details of its holdings in the mutual fund scheme by the AMC, trustees and their relatives on the stock exchange. Also, information about the transaction made by the nominee will also have to be given within two days.

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There will be a change in the price of LPG gas cylinder on 1st August. Also, there is going to be a change in HDFC credit card charges. Know here what changes will happen from August 1.

LPG gas cylinder price

Gas cylinder prices are fixed on the first of every month. The prices of commercial and domestic gas cylinders are fixed on 1 August. Last month, the government had reduced the prices of commercial gas cylinders. This time too, it is expected that the government will fix the prices of gas cylinders.

There will be a change in the rules of HDFC Bank’s credit card

Customers using CRED, Cheq, MobiKwik, Freecharge and other such services to pay for fare will be charged 1% on the transaction amount, limited to ₹3000 per transaction. Fuel transactions will not attract any extra charge for transactions less than ₹15,000 per transaction. However, transactions above ₹15,000 will attract 1% on the entire amount, limited to ₹3,000 per transaction.

There will be changes in the rules of utility transactions

No extra charge will be levied on transactions less than ₹50,000. Transactions above ₹50,000 will attract a 1% charge on the entire amount, limited to ₹3000 per transaction. Transactions made through third party apps like CRED, Cheq, MobiKwik and others will attract a 1% charge, limited to ₹3000 per transaction.

Also Read: School Closed: Schools, colleges and madrasas will remain closed for 7 days in these four districts of UP

The late payment charge process has been revised based on the outstanding amount from ₹100 to ₹1,300. Availing the Easy-EMI option at any online or offline store will attract an EMI processing charge of up to ₹299. HDFC Bank will implement the changes in its Tata Neu Infinity and Tata Neu Plus credit cards from August 1, 2024. From August 1, 2024, Tata New Infinity HDFC Bank Credit Card users will get 1.5% NewCoins on eligible UPI transactions made using the Tata New UPI ID.

Google Maps changed the rules, reduced the charges by 70%

Google Maps has made significant changes to its rules in India, which will be applicable across the country from August 1, 2024. The company has reduced the charges for its services in India by up to 70 percent. Along with this, now Google Maps will charge for its services in Indian rupees instead of dollars. However, this change will not affect the common users as no additional charge has been levied on them.

Bank Holiday in August

The month of August is about to come. In the year 2024, banks will remain closed for a total of 13 days. These include all Sundays, second and fourth Saturdays. In the month of August, banks will remain closed for six days due to weekends. Apart from this, seven days holiday will be due to various festivals. Banks will remain closed on the occasion of Independence Day on August 15, Rakshabandhan on August 19 and Janmashtami on August 26.

The post New Rules: From August 1, these 5 rules will change from gas cylinder to electricity bill first appeared on Rightsofemployees.com.

According to sources, many issues pending during the last three-four meetings will be discussed in this meeting. Rationalization of GST rates can also be considered.

Biometric verification of Aadhaar can be made mandatory for new registration on the GST portal. A decision on this rule can be taken in the GST Council meeting to be held in New Delhi on June 22. If registration is done through biometric verification of Aadhaar, it will not be easy to commit fraud in the name of GST.

The next meeting will be very important

After the implementation of GST process, a large number of fake companies were registered without any business with the intention of fraud. Hundreds of registrations were found to be fake on physical inspection. Although even today one has to provide his Aadhaar number for GST registration, but biometric verification is not done now. The last meeting of the GST Council was held in October last year, so the meeting to be held on the coming Saturday is being considered very important.

Also Read: FD Rates: Special Fixed Deposit of 3 banks is ending this month, up to 8% interest is being given

According to sources, many pending issues of the last three-four meetings will be discussed in this meeting. Rationalization of GST rates can also be considered. Now the GST collection has crossed 1.5 lakh crores per month and this system has also become five years old. GST rates can also be increased on many items to rationalize the inverted duty.

GST may be reduced on health insurance

Last year, in view of the elections in many states and the Lok Sabha elections thereafter, the GST rates of many items were not changed in the council meeting despite the desire to do so. According to sources, the 18 percent GST on health insurance can be reduced to 5 percent.

This has been an old demand of health insurance companies and this will also make the purchase of health insurance cheaper. The council’s opinion can be taken on including petroleum products in the ambit of GST because the Petroleum Ministry has already recommended bringing aviation fuel and gas under the ambit of GST many years ago.

However, any decision on this is very difficult at the moment, because no state is ready for this. Actually, petroleum is a big medium for the governments to collect revenue. Online gaming companies have also requested the council to reduce the GST rate of 28 percent on online gaming. Companies say that their costs have increased after the imposition of GST at the rate of 28 percent in October last year.

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The government has asked all advertisers and advertising agencies to submit a Self-Declaration Certificate, which will make it clear that no misleading claims have been made in the advertisement. Apart from this, it has to be told that this advertisement follows the regulatory guidelines. According to the instructions issued by the Supreme Court last month, it will be necessary to give self-declaration for all new print, digital, television and radio advertisements.

The Ministry of Information and Broadcasting said in a statement that the Supreme Court’s directive is a step towards ensuring transparency, consumer protection and responsible advertising behavior. Experts say that this is a very good step. This will save consumers from fraud and enable them to buy the right products.

Also Read: Bank Alert: Many accounts of this government bank were closed in June, know the reason

The new rule will come into effect from June 18

The self-declaration certificate must be uploaded on the ‘Broadcast Services’ portal in case of TV and radio advertisements and on the Press Council of India website for print, digital and internet advertisements. This self-declaration certificate must also be signed by the advertiser or an authorized representative of the advertising agency.

Not needed right now

However, advertisements currently being aired or published do not require self-certification. The document must certify that the advertisement does not make misleading claims and complies with all relevant regulatory guidelines. This includes Rule 7 of the Cable Television Networks Rules, 1994 and the Press Council of India’s norms of journalistic conduct.

The advertiser must provide proof of uploading the self-declaration certificate to the concerned broadcaster, printer, publisher or electronic media platform for their records. As per the Supreme Court directive, no advertisement will be allowed to run on television, print media or the internet without a valid self-declaration certificate.

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The Directorate General of Civil Aviation has introduced new flight duty rules on January 8, under which the weekly rest hours for pilots have been increased from 36 hours per week to 48 hours.

Will be able to fly for maximum 8 hours

DGCA has reduced the maximum flying time in a day for pilots to fly at night to eight hours. Along with this, the maximum landing time by the pilot in a day has been reduced to two hours.

Jyotiraditya Scindia gave information

Civil Aviation Minister Jyotiraditya Scindia said that after several reports related to fatigue, changes have been made in the Flight Duty Time Limitation (FDTL). Jyotiraditya Scindia has written on social media platform He has said that we are amending the FDTL rules. Rest hours have increased under the new rules.

You will get relief for 48 hours

He said that these rules have been made to deal with the issue of pilot fatigue. Under the new rules of DGCA, rest period of 48 hours has been ensured instead of 36 hours.

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As per clarification from India Post, 5-year post office FD opened on or after November 10, 2023 cannot be closed earlier than 4 years from the date of opening of the FD. That means, withdrawal of money from 5 year FD can be done only after 4 years. Whereas, for FDs opened till November 9, 2023, the previous rules for premature withdrawal are applicable.

New rules for premature withdrawal from post office FD 

The government has amended the premature withdrawal rules for post office FDs of different tenures. The new rules are as follows-

1. Any post office FD cannot be withdrawn before 6 months from the date of deposit. At the same time, 5 year post office FD cannot be withdrawn before completion of 4 years.
2. If a 1-year, 2-year or 3-year Post Office FD is withdrawn after 6 months but before one year from the date of deposit, the deposit will earn only Post Office Savings Account interest for that period which is significantly less. will be.
3. If a 2-year or 3-year Post Office FD is prematurely withdrawn after one year, a penalty of 2% will be deducted from the interest rate applicable on 1-year or 2-year Post Office FD.

Old rules for premature withdrawal from post office FD-

1. Old rules for premature withdrawal from post office FDs opened on or before November 9:
2. Money cannot be withdrawn from any post office FD before the expiry of 6 months from the date of deposit.
3. If 1 year, 2 years, 3 years or 5 years post office FD is withdrawn after 6 months but before one year from the date of deposit, then post office savings account interest will be given.
4. If a 2-year, 3-year or 5-year Post Office FD is broken after 1 year, a penalty of 2% will be deducted from the interest rate applicable on 1-year, 2-year or 3-year Post Office FD.

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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 new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued New Order! Big news for Pessangers! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

Actually, Indian Railways has made a big change in the rules keeping in mind the convenience of the passengers. This is generally known to all the passengers traveling in the train. The recent change made by the Railways is about the passengers traveling at night.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued new Rules: Big Update! The rule of sleeping at night has changed in the train, check the new guideline first appeared on Rightsofemployees.com.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC Rules Changes: Big News for crore passengers! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

According to some media reports, the expressway agency and RTO are now checking the vehicles plying on the expressway. If a defect is found in the tire of the vehicle during this inspection, then a heavy fine of up to Rs 20,000 can be imposed on your vehicle. However, the amount of the fine has not been decided yet. The strictness related to the tire is being done so that the tire of the vehicle running at high speed on the expressway does not burst anywhere. This also increases the chances of accident.

Many different rules have been made regarding the speed of the vehicle on the inter-expressway and highway of the country. In this, the high speed of the vehicle running on the expressway is up to 120 kilometers per hour. It is very important to have the right tires of a vehicle running at such a speed. Because if the tire bursts then it will be very difficult to handle the vehicle at this speed. Let us tell you that due to over speed on Mumbai-Nagpur Expressway many accidents have happened. This expressway is 701 kilometers long.

Speed limit rules in the country

There are different rules regarding the speed of vehicles running on National Highway and Expressway in India. Where the maximum speed limit of 100 km/h has been fixed for the car on the National Highway, then this limit is 120 km/h on the expressway. The speed limit is also different for two-wheelers and heavy vehicles. The speed limit on highways and expressways is 80km/h for two-wheelers and 100km/h for heavy vehicles, such as buses and trucks. The speed limit is reduced during the winter season.

Monitoring is done by CCTV cameras

Such CCTV cameras have been installed on almost all the expressways of the country which keep an eye on the speed of the vehicle. If you keep the speed of the vehicle more than 120km/h, then its time at the next toll plaza is known. After which the vehicle can be challaned there. Although this challan is fixed, but according to the speed, more can be done. Like crossing the speed limit on Yamuna Expressway, a challan of Rs 500 is levied. However, sometimes the invoice can be more. Driving license can be canceled in the condition of not filling the challan.

The post New Traffic Challan 2023: New rules related to car tires came into force, in this condition there will be a direct fine of Rs 20,000. first appeared on Rightsofemployees.com.

These days it is being seen that traffic policemen are issuing challans even for wearing helmets. Under the new traffic rules, even if you are wearing a helmet, your challan can be deducted.

Under the new rules, an invoice of Rs 2,000 will be imposed

According to the new traffic rules, if you do not wear a helmet strip while driving a motorcycle or a scooter, then you will be charged an invoice of Rs 1,000 under Rule 194D MVA. Along with this, if your helmet is bad i.e. it is without BIS and you are wearing this type of helmet, then also you will have to pay Rs 1,000 as an invoice. This rule is also applicable under 194D MVA.

It is necessary to follow the rules, even after wearing the helmet, if you are not following the new rules, then you may have to pay an invoice of Rs 2,000. To prevent road accidents across the country, traffic rules are being tightened by the government.

See the status of your challan like this

If you want to know about your challan whether your challan has been cut or not, then you can visit the official website https://echallan.parivahan.gov.in . Here you have to check the status of your challan. Now you will see the option of challan number, vehicle number and driving license number (DL). As soon as you select your vehicle number and fill all the details. After this you will see the status of your challan.

In this situation, a fine of Rs 20,000 is imposed . Apart from this, if you overload the vehicle under the new Motor Vehicle Act, then you can be fined up to Rs 20,000. Apart from all this, you will have to pay an additional fine of Rs 2,000 per tonne for doing so.

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Rules changed for government employees to invest in stock market

The Department of Personnel and Training (DoPT), in a recent circular, said that members of AIS will have to furnish details of their investments in stocks or shares to the prescribed authority. There is a rule that if there is an investment of more than six months’ basic salary during a calendar year, then it has to be informed.

You can invest in share market as easily as 6 months basic salary

This information will have to be given by January 31 of the next year. This means AIS members can invest less than their six months’ basic salary in the stock market without informing the authority. The salary paid to the members of AIS is based on the recommendations of the Seventh Pay Commission.

These will be the new rules

In terms of Rule (14(1)) of the AIS (Conduct) Rules 1968 to enable the Administrative Officers to monitor transactions in any stock, share or other investment etc. in respect of all Members. Matters of the India Services (AI) It has been decided that the total transactions in stocks, shares or other investments etc. exceeding six months basic pay of a Government servant shall be reported in a prescribed proforma once a year. Will be

Information to be given under these rules

AIS member will also have to inform the authority in case the investment is more than 2 months basic salary. The DoPT also stated in the notification that it is also clarified that since shares, securities, debentures etc. are deemed to be movable property as per Explanation-I under rule 16 of the AIS (Conduct) Rules, 1968, if A person’s transaction is more than two months’ basic salary.

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According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued New Guideline : Big News ! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued New Guideline: Big News for Passengers! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

RBI New Rules on Bank Locker: People prefer to keep their valuables in bank lockers to avoid theft, robbery, fire and other untoward incidents. For this they also pay annual rent. Just imagine, on opening a locker, it is found that all the money kept in it has been spoiled or stolen and what will happen if the bank also refuses to take responsibility for it.

The ground will slip from under the feet of the victim. It is possible that someone may also get a heart attack. But now this will not happen. Banks will not be able to abdicate their responsibility for the loss caused in the locker.

Supreme Court had ordered

The Supreme Court had ordered RBI to take steps on the security of bank locker (RBI New Rules on Bank Locker), after which the Reserve Bank of India issued new rules on locker security. Those rules have come into force from January 1 this year. Under the new rules, the bank management will now be responsible for the loss of any valuables of the customer kept in the bank locker and he will have to pay the consumer up to 100 times the rent of the locker.

Now banks will have to pay compensation

According to the new rules, if there is damage to the goods kept in the locker (RBI New Rules on Bank Locker) due to fire, theft-robbery or any other reason in the bank and it is proved that the bank was negligent in this incident, then it The customer will have to pay compensation. He will not be able to run away from his responsibility under any circumstances and will be able to refuse to compensate the consumer.

New locker agreement from 1 January 2023

Following the instructions of RBI, banks have also released the format of new locker (RBI New Rules on Bank Locker) agreement from this year. All consumers and banks availing locker facility will have to sign this agreement. RBI has instructed the banks that this agreement should be made consumer friendly and no unfair conditions should be added to it. The compliance of the orders of the Supreme Court should also be ensured in the agreement.

Earlier banks used to behave like this

Let us tell that earlier most of the banks used to shirk their responsibility in case of any kind of damage to the goods kept in the locker (RBI New Rules on Bank Locker). They also refused to give him any kind of compensation. Due to this, the consumer who has lost his capital remains standing like a cheat. While hearing a petition, the Supreme Court had issued an order in this regard last year. The implementation of which has now started.

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If a salaried person lives in a rented house, he gets house rent allowance. Tax exemption is also available on HR. House rent allowance is a significant part of the salary.

The Finance Ministry has informed about the changes in the HRA rules of central government employees. In such a situation, if you are an employee of the Central Government, then you should know that now what conditions you have to follow to get HRA. According to the new rules, now if the employee shares the government accommodation given to another government employee, then they are not entitled to get HRA.

Even if the employee’s parent, son or daughter has been allotted a house by the Central or State Government, Public Sector Undertaking and Semi-Government Organization like Municipal Corporation, Port Trust, Nationalized Bank, LIC etc. and he is living in it Now house rent allowance will not be available.

HRA will not be available even if the husband or wife has got a government
house. Will not pay rent.

What is HRA

HRA or House Rent Allowance is a part of the salary of an employee which is given by the employer for the expenses incurred for the rented accommodation. HRA claim can only be made by a salaried person. The house in which the salaried individual is staying should be on rent. You don’t get the benefit of living in your own house. HRA is available only when the rent is more than 10% of the salary.

The government gives this much HRA

Any government salaried person who is living in a rented house, the expenses related to his house are divided into 3 categories, X, Y and Z.. ‘X’ category 50 lakh and above population is for area. Here HRA is given 24% under the 7th Pay Commission. ‘Y’ stands for area with population between 5 lakh to 50 lakh. Here 16 percent HRA is given. Where the population is less than 5 lakhs, it comes in Z category and 8 house rent allowance is given.

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This is generally known to all the passengers traveling in the train. The recent change made by the Railways is about the passengers traveling at night.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

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But as per the new rules, you can save yourself from paying penalty charges even if you don’t make the payment on the due date. Reserve Bank of India (RBI) has provided the option of payment to the customers without any charge after the due date is out.

RBI has told banks and credit card issuers that they can take penalty only after three days of due date. It means to say that if you have missed the credit card payment due date, then you can make the payment within 3 days of the due date.

Three days chance

According to the master direction for credit cards and debit cards issued on 21 April 2022, the RBI has said that the credit information companies (CICs) that issue the cards will show the credit card account as past due. Penalty charges, late fee or other charges on delay will be applicable only then. When the credit card account remains outstanding for more than three days. That is, if you make the credit card payment within three days after the due date, then you can avoid the penalty.

Credit score will not be affected

In such a situation, if you have missed the credit card payment due date, then you can make the payment within three days of the due date. In this, you can also avoid the penalty imposed on late payment. If you pay within three days, your credit score will not be affected.

Have to pay late fees

Banks and credit card companies usually levy pre-determined late payment charges based on the outstanding balance. This results in late fees increasing in proportion to the size of the outstanding balance. The higher the amount of the bill. The more late fees are charged.

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Actually, Indian Railways has made a big change in the rules keeping in mind the convenience of the passengers. This is generally known to all the passengers traveling in the train. The recent change made by the Railways is about the passengers traveling at night.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued Traveling New Guideline : Big News ! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued Traveling New Guideline : Big News ! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

If you or someone in your family gets pension from Employees’ Provident Fund Organization (EPFO) every month, then this news is of their use. Yes, there is going to be a big change in the system of pension amount from EPFO. All pensioners will get the benefit of this.

Let us tell you that the Employees’ Provident Fund Organization (EPFO) will approve it after considering the proposal for setting up of Central Pension Distribution System in the meeting to be held on July 29 and 30. The proposal will be placed in the meeting to be held soon. With the establishment of this system, pension can be transferred in one go to the accounts of 73 lakh pensioners across the country.

At present, 138 regional offices of EPFO ​​transfer pension to the account of the beneficiaries of their area. With this, these pensioners get pension on different days and times. Sources said that in the meeting of the Central Board of Trustees (CBT), the apex decision-making body of the EPFO, to be held on July 29 and 30, a proposal for the formation of a central pension distribution system will be made. 73 lakh pensioners will get the pension together , the source said that after the establishment of this system, the distribution of pension will be done on the basis of the database of 138 regional offices.

With this, 73 lakh pensioners will be given pension simultaneously. The source also said that all the regional offices deal with the needs of the pensioners of their region differently. With this, pensioners are able to pay pension on different days

In the 229th meeting of the CBT held on November 20, 2021, the trustees had approved the proposal for development of a centralized IT based system by C-DAC. The Labor Ministry had said in a statement after the meeting that after this the details of regional offices would be transferred to the central database in a phased manner. This will facilitate the operation and supply of services.

The post EPFO Pension Rules Change: There is going to be a big change in the rules of EPFO pension, check the new rules immediately first appeared on Rightsofemployees.com.

The Personnel Department has issued a clarification regarding the action of fine and punishment on the central employees. In this, it has been told how two or more punishments will run on an employee simultaneously and which will be applicable first.

Between the good news of bonus and DA, there is another big news for the central employees. The Department of Personnel and Training (DoPT), which comes under the Ministry of Personnel, has issued a clarification regarding the action of two or more fines simultaneously. This rule will be applicable to the employees coming under the 7th Pay Commission.

The DoPT has said in the Office Memorandum issued on October 28 that during the first action of the penalty, the second action can also be invoked. The department has said that the sentencing authorities should clearly write in their order that an employee is being punished with two fines simultaneously and both the sentences will run concurrently. In this, it has to be told whether both the sentences will run concurrently or after one is over, the other will be applicable. Apart from this, will the punishment given earlier, or will the second punishment be effective on him?

How the two punishments will be implemented

The Personnel Department has said that if the authority does not clearly mention it in its order, then both the punishments will be implemented simultaneously and will run concurrently. Not only this, if the order given later is going to be with a big fine, then it will be implemented immediately over the earlier order and after the expiry of its term, if the period of the earlier order is left, then it will also be completed. DoPT has made changes in many rules for the employees getting salary under the 7th Pay Commission.

…then you will not get pension and gratuity.

Earlier, the government has also changed the CCS (Pension) Rules 2021. Under this, if a central employee is found guilty of serious offense or negligence during his service, then his pension or gratuity or both can be withheld. The authority empowered to take this action will have the right to stop the pension and gratuity of the retired employee.

In the rules of traveling allowance, changes have also been made in the rules related to traveling allowance of relief

central employees. It said that employees are being exempted under the CCS (Leave Travel Concession) Rules 1988 for air travel to the North-Eastern region, Jammu and Kashmir, Ladakh or Andaman and Nicobar. Under this, central employees will be able to take advantage of this facility till September 25, 2024.

The post Big News ! New rules may increase the difficulties of central employees! What did the government say on the action of two fines simultaneously? first appeared on Rightsofemployees.com.

According to the new rules of the railway, now no passenger in your seat, compartment or coach can talk on the mobile in a loud voice or listen to songs in a loud voice. Railways has issued new guidelines so that the sleep of the passengers is not disturbed and they can sleep peacefully during the journey

According to media reports, many passengers often complain that people traveling together in their coach talk loudly on the phone, or listen to songs till late at night. There was also a complaint from some passengers that the railway escort or maintenance staff also talks loudly. Apart from this, many passengers keep lights on even after 10 pm, which disturbs their sleep. In view of this, the Railways has made a new rule. In such a situation, if any passenger does not follow the rules, then action will be taken against him.

Know what are the new rules

The Railway Board has decided that if you are talking fast on mobile after 10 pm during the journey in the train, then strict action will be taken. According to the new rules, passengers can neither talk loudly nor listen to music during night travel. If any passenger complains, then it will be the responsibility of the staff present in the train to resolve it.

The post IRCTC issued Guideline : Big News ! The rule of sleeping at night has changed in the train, check the new guideline, first appeared on Rightsofemployees.com.

After the news in the media about surrendering the ration card, now there is a fear among the common people that the government should not recover from them. Many eligible are also confused that what are the eligibility rules for taking ration? And under what circumstances his card will be cancelled. If you are also a ration card holder, then this news is very useful for you. Because we are telling here that under what circumstances you will have to surrender the ration card.

Know the rules before surrendering the ration card

Significantly, during the Corona period, the government started the system of free ration for the poor at the time of epidemic. But now it has come on record that many such people are also taking benefit of ration, who are not eligible for this scheme. Such news was coming that the government would take strict action on them, although the government has not issued any statement on this at the moment. But still, if you are also taking advantage of this scheme, then first definitely know its eligibility. After this you can decide whether you want to surrender the card or not.

Know what the rules say?

Under the rule of free ration, if the card holder has a plot / flat or house of 100 square meters earned from his own income, four wheeler vehicle / tractor, arms license or more than two lakhs in the village and three lakhs in the city annually. If you have income then you are not eligible for free ration. Therefore, you have to immediately surrender the ration card to the Tehsil and DSO office.

Government said this Amidst all the news regarding the ration card, the UP government has made it clear that no order has been issued by the government regarding recovery. From time to time there is sorting of ration card beneficiaries. The report of the ration beneficiaries is definitely being prepared by the government, but no decision has been taken regarding the recovery. On the side of ration card, investigation has also started in UP regarding PM Kisan Yojana.

The post Ration Card: Your ration card will be canceled in these circumstances, see the new rules of the government immediately first appeared on Rightsofemployees.com.

Information provided by the department Announcing the rules of work from home, the Ministry of Commerce has informed that now employees will be able to get work from home for a maximum of one year.

Under the new rule, only 50 percent of the employees will be able to get the benefit of work from home. 50% of the employees of the Special Economic Zone Unit will be allowed to work from home. Let us tell you, this rule has been notified for Work from Home Special Economic Zone Rule 43A 2006.

Which employees will get benefits?

The Union Commerce Ministry said that after several requests from employees, the department has introduced new guidelines for Special Economic Zones. The rules notified by the ministry states that these guidelines have been implemented keeping in mind the demands of the industry to follow a uniform nationwide work from home policy across all SEZs.

What are the new guidelines

• These rules are for the employees of IT/ITES SEZ units.
• This would include employees who are temporarily disabled, or are traveling or traveling and working offsite.
• SEZ units will be provided with equipment and secure connectivity for authorized work from home operations.

The post New guidelines for Work from home : Government has implemented new rules for work from home, know which employees will get benefit? first appeared on Rightsofemployees.com.

Many eligible farmers are also confused that what are the eligibility rules for taking ration? And under what circumstances his card will be cancelled. If you are also a ration card holder, then this news is very useful for you. Because we are telling here that under what circumstances you will have to surrender the ration card.

Know the rules before surrendering the ration card 

Significantly, during the Corona period, the government had started the system of free ration for the poor at the time of epidemic. But now it has come in the record that many such people are also taking benefit of ration, who are not eligible for this scheme. Such news was coming that the government would take strict action on them, although the government has not issued any statement on this at the moment. 

But still, if you are also taking advantage of this scheme, then first definitely know its eligibility. After this you can decide whether you want to surrender the card or not.

Know what the rules say?

Under the rule of free ration, if the card holder has a plot / flat or house of 100 square meters earned from his own income, four wheeler vehicle / tractor, arms license or more than two lakhs in the village and three lakhs in the city annually. If you have income then you are not eligible for free ration. That’s why you have to surrender the ration card in Tehsil and DSO office immediately.

Government said this 

Amidst all the news regarding the ration card, the UP government has made it clear that no order has been issued by the government regarding recovery. From time to time there is sorting of ration card beneficiaries. The report of the ration beneficiaries is definitely being prepared by the government, but no decision has been taken regarding the recovery.

 On the side of ration card, investigation has also started in UP regarding PM Kisan Yojana.

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Website related to e-filing slowed down!

People trying to file ITR before July 31, it is being said that the website related to e-filing has become slow. On the other hand, the Income Tax Department is making income tax payers aware. It was told by the department that to avoid any kind of penalty, file ITR on time. But in some cases ITR can be filed even after the last date without penalty.

Income tax experts say that under section 234F of income tax, the total income of a person during the financial year does not exceed the basic exemption limit, then there is a reason to file ITR late. that does not matter. In simple language, if your total income till the financial year 2021-22
is Rs 2.5 lakh or less, then you will not have to pay any penalty for filing income tax after July 31. The ITR to be filed on your behalf will be called Zero (0) ITR

Exemption on age and annual income Similarly, if one selects the old tax regime, then for those below 60 years of age, this exemption is Rs 2.5 lakh. At the same time, income up to Rs 3 lakh for those who are 60 years or more and less than 80 years is tax free. Similarly, the basic exemption limit for those above 80 years of age is 5 lakhs.

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This taxation scheme came into effect from 1st April this year. Employees in India are required to have an EPF account. As per the circular, TDS will be deducted on payment of interest in the EPF account. TDS will be deducted at a later date on final settlement pending for final settlement or transfer.

For those who have not integrated their PAN into their EPF accounts, contributions above Rs 2.5 lakh will be taxed at 20% from their annual income. Those who have linked their EPF accounts with their PAN will be taxed at the rate of 10%.

Other information about the new guidelines

• As per the circular, the EPFO ​​will maintain a non-taxable account and a taxable account for all such members who contribute more than 2.5 lakhs.
• If the TDS calculated is less than 5,000, no TDS will be deducted from the interest deposited in such EPF accounts.
• For ex-pat and non-resident employees having EPF accounts active in India, tax will be levied at the rate of 30% as per the requirements of the Double Taxation Avoidance Agreement between India and the country concerned.
• TDS will also be applicable to all EPFO ​​members, especially members of exempted establishments or exempted trusts.
• In case of death of EPFO ​​member, TDS rate will remain unchanged.

The interest earned on the funds in EPF accounts is credited on an annual basis. However, the accounts are maintained on a monthly basis. Consequently, if no transfer or final settlement is made in the entire financial year, TDS will be deducted on payment of interest. EPFO now has 24.77 crore accounts of its members.

New rules are applicable on TDS for the residents of the same. TDS 4% Cess is applicable for Non Resident Indian. Apart from this, interest surcharge has been fixed at 10 percent for Indian non-resident above 50 to 1 crore, while there is a 15 percent surcharge on interest above one crore to 2 crore, while if its number is more than 10 crore, then the right on interest. 37% has been fixed. However, there will be no head charge on interest above ₹ 50 lakh.

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