New Delhi : New Credit Card, Demat, NPS, APY Rules: 5 paisa changes to be implemented from October: Your work news now. Today, from October 1, 2022, many important rules are also going to change in the country. Along with this, there will be a big change in the rules related to the banking sector. RBI has also issued an order for this. For credit card and debit card users, RBI is implementing the card-on-file tokenization (COF card tokenization) rules from October 1. Also today the first solar panel AC local will run in Mumbai. So 5G service will be started. The price of gas cylinder will also change.
Start of 5G service in the country from today
Superfast internet service i.e. 5G service will start in the country from today. Prime Minister Modi will launch 5G service. Prime Minister will launch 5G service at Pragati Maidan in New Delhi at 10 am today. 5G technology will provide many features like better coverage, more data, less delay.
First Solar Panel AC Local in Mumbai
The first solar panel AC local will run in Mumbai today. Specially designed high capacity AC local will be introduced on Western Railway line. Western Railway officials said that this is the first local train in which electric lights with solar panels have been installed. It is a specially designed high power train of semi high speed.
Changes in debit, credit card rules
From October 1, 2022, many important rules are also going to change in the country. From debit and credit cards to Atal Pension Schemes and LPG cylinders, there will be many changes. How will these changes affect your pocket?
Nomination required for mutual funds
If you are investing in mutual funds then this rule is important for you. SEBI has postponed the implementation of the rules related to nomination for mutual fund holders till October 1. According to the new rules, mutual fund investors will have to give nomination information from October 1.
Interest rate hike on small savings schemes
Interest rates may increase on small savings schemes run by the central government for the general public. These schemes include Public Provident Fund (PPF), Sukanya Samriddhi Yojana, Jyeshtha Citizens Savings Scheme and National Savings Scheme which will be reviewed on September 30, 2022.
gas cylinder rates change
Petroleum companies review the prices of LPG gas cylinders in the country and announce the new rates on the 1st of every month. In such a situation, it is likely that the new rates will be announced today. Sometimes the rates remain constant and sometimes they increase or decrease. The special thing is that according to the tax in different states, the price of the cylinder is also different.
tokenization will be implemented
Card tokenization rules will be applicable in view of debit or credit card fraud. At the end of June, the RBI extended the token deadline by three months to September 30, 2022. As per the current rules, the card information is saved by the merchant or company after the transaction. In such a situation, if the website is hacked, then the information is not safe. Card tokenization will keep the customer data secure. The data will be with the bank and not with the e-commerce website.
Major changes in Atal Pension Yojana
There is going to be a big change in the rules of Atal Pension Yojana. Taxpayers will not be eligible for Atal Pension Yojana from next month. According to the new order issued by the Ministry of Finance, if a subscriber joins the scheme on or after October 1, 2022 and pays income tax on or before the date of application, then his Atal Pension Yojana account will be closed.
Demat account and investment in shares
Get these works related to Demat account done immediately. Demat account holders may face difficulty in logging into their accounts if two factor authentication is not implemented by the end of this month i.e. Friday for investing in shares. The National Stock Exchange had issued a circular to this effect on June 14. Markets regulator SEBI has announced this rule to protect the demat account holders.
