Talk of work will change from January 1, 2021 10 rule, find out how millions of people will be affected
● Many rules are going to change from January 1, 2021 which will have a direct impact on the common man. From check payment to Fastag, UPI payment system and many rules of GST return can be changed.
● These rules will change from 1 January 2021
● Find Out What The Impact Is On Your Pocket
◆ These changes will come from January 1, 2021, knowing how you will be affected. Check Payment System The rule with check payment system will change from January 1. Using a check based on a positive payment system. It is up to the account holder to decide whether they want to avail this facility or not. An announcer will have to provide the information using SMS, mobile app, internet banking or ATM. Contactless card payment
● The Reserve Bank of India has increased the limit of contactless card payments from 2000 to 5000. This will be effective January 1, 2021. No need to enter PIN for debit and credit card payments up to Rs.
Cars will become more expensive Automobile companies have been raising the prices of many of their models since January 2021. Then buying a car will become more expensive than before. So far, after Maruti, Mahindra, Renault and MG Motors have also announced price hikes.
◆ Fastag will be required
● Union Minister Nitin Gadkari has made fasting mandatory on every four-wheeler from January 1, 2021. Drivers crossing any National Highway toll will have to pay double charge. Currently 80 per cent lines are working in Fastag and 20 per cent lines in Cash at each toll plaza. To make a call from landline to mobile, you have to set zero
● When you call any mobile from a landline phone from January 1, you will have to put zero in front of it. Apart from this you will not be able to make calls. SETI has changed the rules of asset allocation for multicap mutual funds. According to these rules, it is now necessary to invest 75% of the trap in equity. Which is currently a minimum of 65 percent. According to the new rules, the multi-cap funds structure will change, with the fund investing 25-25 per cent in midcap and smallcap. 25
Percent will be invested in large cap.
● UPI payments will change
● From January 1, 2021, payment using UPI will become more expensive. Extra charges have been announced for apps run by third parties. The decision has been taken by the National Payment Corporation of India.
◆ Rules for GST returns will change
● Small employers in the country will get easy, monthly goose and services tax return filing facility. Under the new rule, executives with a turnover of less than Rs 5 crore will not be required to file a return every month. Taxpayers will only have to file 8 returns after the new rules come into force. It will have to file 4 GSTR 3B and 4 GSTR returns.
●Easy life insurance policy will be launched
● Insurance can be purchased at a lower premium after January 1. IRDAI has asked every company to launch simple life insurance. Health has ordered the introduction of a standard term life insurance after the introduction of a standard regular health insurance plan called Sanjeev. WhatsApp will be off in the phone
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