Rule Changes from 1st August: The month of July is going to end and just two days later the month of August will start. Many types of rules and changes are seen on the first date of every month in the country. Similarly, on August 1, many such changes are going to happen (Rule Change From 1st August) which will directly affect your pocket. Let us tell you that next month there is a change in the rules from the price of LPG cylinder to HDFC Bank’s credit card. Along with this, the use of Google Maps will also be affected. That is, many things can become expensive or cheap from next month.
Let us know about 5 such big changes (New Rules From 1st August 2024) to be made in the month of August, which can prove to be directly affecting your kitchen to your pocket.
LPG cylinder prices expected to decrease
On the first date of every month, the prices of LPG gas cylinders are changed. Last month, the government had reduced the prices of 19 kg commercial cylinders. In such a situation, it is expected that the government can reduce the price of cylinder in the month of August also.
Total 13 days bank holidays in August
According to the information given on the official website of Reserve Bank of India (RBI), there are going to be a total of 13 days of bank holidays in August. In such a situation, if your banking related work is stuck, then before going to the bank, definitely check the bank holiday list (August Bank Holiday List). Because the work in banks will remain closed for the entire 13 days.
Penalty will be imposed on filing ITR
If you do not file Income Tax Return (ITR Filing 2024) by 31 July 2024, then you may have to pay a fine. If you miss filing ITR, then the Income Tax Department gives you another chance. You can file Belated Return (Belated ITR Filing) till the end of the year, i.e. till 31 December 2024. However, you may have to pay a penalty on Belated Return (Belated ITR Filing) according to your income. If your income is less than Rs 5 lakh, the penalty for late filing of ITR can be Rs 1,000 and if your income is more than Rs 5 lakh, the penalty can be up to Rs 5,000.
Big change in Google Maps
Google Maps is bringing a big change in India. From August 1, the company is reducing its service charge by 70% so that more and more partners can join. Along with this, billing will change from dollars to rupees. Common users will not have to pay any new charge, that is, there will be no impact on the daily use of Google Maps.
HDFC Bank credit card rules will be charged extra
HDFC Bank credit card rules are changing from August. Now you may have to pay extra charge on some expenses. 1% transaction charge will be levied on paying rent through credit card apps like CRED, Cheq, MobiKwik, Freecharge etc. Apart from this, 1% charge will be levied on filling petrol-diesel of more than 5 thousand rupees at a time. At the same time, 1% charge will also be levied on paying electricity, water bills of more than 50 thousand rupees. The bank has also increased the charges for late payment and easy EMI. Please note that this extra charge will not exceed Rs 3000 every time.
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