New Rules From November 1: With the beginning of the month of November, there are going to be changes in many important matters related to common people. These changes directly impact your pocket – whether it’s about banking, taxation or government documents A lot changesthe are coming. Let us know in detail about these major changes that will come into effect from November 1.
1. SBI New fee structure for cardholders
From the first date, SBI Credit card users may incur additional charges on certain transactions. Payments related to education (such as school/college fees) CRED Or MobiKwik such as a third party ApptheThe If done through, an additional 1% charge will be levied. Also, you are digital Wallet (Paytm Or PhonePe such as) in ₹1,000 Than A greater amount SBI If loaded from card, 1% fee will be charged on that too.
2. Aadhaar Major change in card update charges
UIDAI of children Aadhaar Relieved of card update issue. of children Biometric The update is now completely free (until next year). To update name, address, date of birth or mobile number for adults ₹75 There will be a fee. Fingerprints or eye scan (Biometric update) for ₹125 There will be a charge. Also, now you can update some basic details – name, date of birth or address – without uploading any documents.
3. New GST slabs will come into effect
From November 1, Govt GST Large in structure Change is going to be implemented. The old four slabs (5%, 12%, 18%, 28%) Simplifying Both Changed Now 12%, 28% slabs Removed. Also, luxury, Now up to 40% on harmful items GST imposed. GST Simplifying the structure, Government’s aim is to keep it transparent.
4. Bank Nomination New Rules
From November 1, for bank accounts For nominations Changes in related provisions did. Now maximum four nominations can be made for one account, locker or safe custody. Previous process of adding or changing nominees Than Made easy. Also made available online. This makes it easier for the family to get funds in case of emergency.
5. NPS from UPSK Extension of time to switch
Relief to Central Government Employees – National Pension System (NPS) From Unified Pension Scheme (UPS)Employees who want to switch to are now given time till November 30. This additional time is for employees to review their options, Gives an opportunity to plan.
