Changes From 1st May 2022: The month of April is ending. Tomorrow i.e. from Sunday the new month is going to start. The new month is also bringing some changes with it. There are going to be some changes from May 1, which will directly affect your pocket.
New Delhi: Changes From 1st May 2022: The month of April is ending. Tomorrow i.e. from Sunday the new month is going to start. The new month is also bringing some changes with it. There are going to be some changes from May 1, which will directly affect your pocket.
1. Tax collection will be done on Purvanchal Expressway
Toll tax will be levied on the 340 km long Purvanchal Expressway connecting Ghazipur, the capital of Uttar Pradesh, from May 1. That is, now the journey of this expressway is going to be expensive. According to media reports, toll tax will be charged at the rate of Rs 2.45 per km on Purvanchal Expressway.
2. Banks will remain closed for the first four days
Before dealing with the business related to banks, check whether the bank is closed in your area. Banks will remain closed from May 1 to May 4. However, these holidays may vary from place to place.
May 1 is a Sunday as well as May Day and Maharashtra Day. On this day there will be a holiday across the country including Maharashtra. Maharishi Parshuram Jayanti is on 2nd May. In many states, this day will be a holiday. Eid ul Fitr and Basava Jayanti are on 3rd May. Banks will remain closed in Karnataka. At the same time, on May 4, there will be a holiday of Eid-ul-Fitr in the banks of Telangana.
3. Cylinder can be expensive
Oil companies review the price of cylinders on the first of every month. Last time the price was increased by Rs 50 per cylinder. This time too, on May 1, the prices of LPG cylinders may increase.
4. UPI Payment Limit Raised in IPO
If you are a retail investor and pay through UPI to invest in an IPO of a company, then SEBI has given you relief. Now you can submit bids up to Rs 5 lakh. Till now its limit was fixed at Rs 2 lakh. This new payment limit will be applicable in the IPO coming after May 1.
