May has begun. This time the beginning of the month from Sunday has brought many changes. From May 1, many things will change from LPG cylinder to toll charge. Many of these will have a direct impact on your pocket. Let us know what are those things, which are going to affect your pocket?
Cylinder price hike
Government oil companies have increased the price of commercial LPG cylinders. The cylinder has become expensive by Rs 102.50. After the implementation of the new price, from May 1, the price of 19 kg commercial gas cylinder in Delhi has increased from Rs 2253 to Rs 2355.50.
UPI payment limit increased in IPO
In April, SEBI had decided to increase the limit for making payments through UPI for IPOs. This rule has been implemented from 1 May. Now you can invest up to Rs 5 lakh in any IPO with the help of UPI. Earlier this limit was Rs 2 lakh.
Jet fuel costlier
Apart from LPG cylinders, jet fuel has also become expensive from May 1. The rate of Air Turbine Fuel (ATF) has increased to Rs 116851.46 per kiloliter in Delhi. Earlier on April 16 also, the price of ATF had increased.
Toll Tax on Purvanchal Expressway
Toll tax is being started on Purvanchal Expressway from May 1. Some toll tax on this expressway will be Rs 833. But you will have to pay a toll of Rs 625 after 25 percent discount. Due to the UP elections, this expressway was kept toll free till now.
Banks will remain closed for 13 days
In the month of May, there will be some 13 days of bank holidays with holidays on Saturday and Sunday. This time there are 7 holidays on Saturday and Sunday. Apart from this, Maharishi Parshuram Jayanti on May 2, Eid-ul-Fitr on May 3 is a holiday. In some states, the 4th is also a holiday of Eid. On May 9, there will be a holiday in West Bengal on account of Guru Rabindranath Jayanti. Budh Purnima is on 16th May and Qazi Nazrul Ismal’s birthday is on 24th May.
