From February 1, the rules will change from LPG to FASTag, which will have a direct impact on the pocket...

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Rule Change in February 2024: The rule changes on the first day of every month. Which directly affects the pocket of common people. The month of February will start from tomorrow. Budget is presented on February 1 every year for financial planning of the country. Union Finance Minister Nirmala Sitharaman will present the budget tomorrow. Along with this, 6 financial rules will be changed tomorrow.

1. Price of LPG

LPG cylinder prices are updated by oil marketing companies on the 1st of every month. In such a situation, it remains to be seen whether the price of LPG cylinders will decrease or increase on the budget day. Changes in cylinder prices affect the pocket of common man.

2. Fasteg E-KYC

National Highway Authority of India has made Fasteg E-KYC mandatory. Users who have not completed E-KYC for FASTag, their FASTag will be deactivated from February 1. E-KYC has been made mandatory as there are many duplicate FASTags in the market. So that this type of fraud can be stopped.

3. Dhan Lakshmi FD Scheme

Punjab and Sindh Bank has launched a special FD scheme for its customers. The name of this scheme is Dhan Lakshmi 444 Days FD. That is, its term is 444 days. The bank offers 7.4 per cent interest on FDs and 8.05 per cent interest on super seniors. Today is the last day to invest.

4. Sovereign Gold Bond (SGB)

The Reserve Bank of India will issue the last tranche of sovereign gold bonds for the financial year 2023-24 in February. The series will open on 12th February and close on 16th February. The last series opened on 18 December 2023. The price of gold in this series was fixed at Rs 6,199 per gram.

5. Withdrawal of NPS

The Pension Fund Regulatory and Development Authority (PFRDA) has issued a circular in January. In this, 25 percent of the amount can no longer be withdrawn under the National Pension System (NPS). Apart from this, PFRDA has directed that now customers can make partial withdrawal only for purchase of house or construction. This rule will be applicable from 1 February 2024.

6. IMPS Money Transfer

Nowadays there is no need to go to the bank to transfer money from one bank account to another. In which money can be transferred online within seconds. IMPS is also a good option for transferring money. Now from February 1, 2024, users can transfer money by simply adding the receiver's mobile number and bank account name. According to the National Payments Corporation of India (NPCI), after this rule, the IFSC code will not be required to transfer money.

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