Rules Changing From 1st October: With every new month, many rules change rapidly. Many of these are also economic rules, which directly affect the life of the common man. Now September is about to end and October is about to begin. During this time, many rules from gas cylinder and Aadhar card to small savings scheme are going to change. Let us give you information about them so that you can also do your financial planning according to the new rules.

Gas cylinder rates (LPG Cylinder Price)

The price of LPG cylinders is changed on the 1st of every month. Oil marketing companies will implement the new rates on 1st October this time too. It is expected that you may be given the gift of a cheap gas cylinder during the festive season.

Aadhar Card

Now you will not be able to use Aadhar Enrolment ID to file PAN Card or Income Tax Return (ITR) from October 1. Under Section 139AA of the Income Tax Act, it will be mandatory to provide Aadhaar number for PAN Card or ITR.

Railway's special ticket checking campaign (Indian Railways)

Railways is going to start a special ticket checking campaign against those traveling without tickets from October 1. This is being done due to the increase in the number of passengers during the festive season. 

Interest Rate on Post Office Account

Interest rates on post office accounts are also going to change from October 1. Changes in interest rates on National Small Savings Scheme accounts may affect your interest income. 

CNG and PNG rates will change 

On the first of every month, oil marketing companies (OMCs) change the rates of ATF, CNG and PNG. ATF prices were reduced in September.

T+2 of bonus sharesRule

SEBI has prepared a new framework to simplify the trading of bonus shares. From October 1, trading of bonus shares will be done in T+2 system. Due to this, the time between record date and trading will be reduced. Shareholders will benefit from this.

Rules for small savings schemes changed

The Finance Ministry has issued guidelines regarding wrongly opened accounts under the National Small Savings Schemes. Now accounts like PPF and Sukanya Samriddhi will be regularized by the Finance Ministry. This will prevent problems in the future.

Increase in Security Transaction Tax (STT) 

There is also going to be a change in the Security Transaction Tax (STT) on futures and options (F&O) trading. From October 1, STT on the sale of options will increase to 0.1 percent, which was 0.0625% earlier. Due to this, traders will have to bear a little extra cost in buying and selling options. This will affect the derivatives market.

Vivad se Vishwas Scheme will be started

CBDT has announced that 'Vivaad se Vishwas Scheme 2024' will be implemented from October 1. With its help, disputes related to income tax will be resolved. Pending cases before courts and tribunals will be settled. 

Changes in HDFC Credit Card's loyalty program

HDFC Bank's credit card loyalty program is going to change from October 1. According to the new rule, HDFC Bank has limited the redemption of reward points for Apple products on the SmartBuy platform to one product per calendar quarter.