Only a few days are left for the month of October to end. The festival of Diwali is on the last day of the month, 31st October, but from the next day onwards, there are going to be changes in 5 rules related to money. This includes rules ranging from gas cylinder prices to mutual fund stock market. Let us know what effect these changes will have on your pocket.
Actually, many rules change on the first day of every month. Government as well as private companies also make changes in the rules which have a direct impact on the common man.
gas cylinder price
Usually, the government changes the prices of domestic and commercial gas cylinders on the first of every month. In such a situation, there may be a change in the prices of gas cylinders even on November 1.
mutual funds rules
If you earn from the stock market or mutual funds, then this rule can have a direct impact on you. Actually, SEBI has made new rules to stop insider trading in mutual funds, this rule will be applicable from November 1. SEBI has included mutual fund units in insider trading rules.
credit card rules
Now 1 percent extra charge will be taken on utility bill payment of more than Rs 50 thousand in one statement cycle through the credit card of SBI, the country’s largest government bank. SBI has also changed the finance charges of all unsecured credit cards except Shaurya/Defense Credit Card.
message traceability
Apart from these, message traceability rule will also come into effect from November 1. The government has instructed telecom companies to implement message traceability. This means that now along with calls, messages can also be checked. The government has implemented this rule to stop fake calls and spam, so that spam and fake calls can be identified through some keywords.
