India  

Rules Changes 1st August: ITR filling, LPG Rates, Kisan KYC, Check Rules Changing from today

These important rules will change from August 1

You have time till midnight to file income tax return. You can file returns for the financial year 2021-23 till 11.59 pm. If you miss this deadline, you may have to pay a fine. Not only this, in some circumstances even punishment can be given. Let us tell you the important thing here that if you do not file the return by July 31, you will have to pay the fine from August 1. If your income is 500000 or less then after 1st day you will have to pay a fine of 1000 rupees. On the other hand, if the income is more than 500000 then the fine can be up to 5000 rupees.

LPG cylinder price

The price of LPG cylinder will change on 1st of August as on 1st of every month. However, it is difficult to say whether the prices will rise or fall. At the same time, oil companies can once again keep the price position. While the general public facing inflation is anticipating that there will be a fall in the prices of cylinders, then the oil companies will take a decision keeping in view the prices at the global level.

Prime Minister Crop Insurance Scheme

If you also want to take advantage of the Pradhan Mantri Fasal Bima Yojana, then it is necessary to get it registered by July 31. If you miss this deadline, then you will be deprived of taking advantage of this scheme. Let us tell you that you can easily complete the registration sitting at home. For this, online facility has been given by the government.

Check payment system will change

There is going to be a change in the check payment system of Bank of Baroda from August 1. From August 1, the bank is going to start the positive pay system for check payments. After this new rule, if you issue a check of more than Rs 5 lakh, you will have to give digital of its check to the bank in advance. You can give the check details to the bank through SMS, ATM, Internet Banking or Mobile Banking. You will have to give the details of the check amount, beneficiary name, account number, etc. to the bank. So that he can pay the check only after verifying the information given by you. If the information given by you and the information entered on the check do not match, then the payment of the check will not be done.

how to link aadhar with voter id

The process of linking voter ID card and Aadhaar will start from August 1. The Election Commission has said to start the campaign to link the voter ID card with Aadhaar from August 1. Linking Aadhar card with voter ID card will not only be able to identify fake voter ID, but will also help in the identification of correct voters.

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