Rules Change from September 1: Many rules are going to change from the first day of September, which will directly affect your pocket. From new PF rules to changes in check clearing system, let’s have a look at all such rules.
PF-Aadhaar Link
There is going to be a big change in PF rules from 1st September. If your Aadhaar is not linked in your PF account, then from September, the employer will not be able to credit the money in your account. Employees’ Provident Fund Organization (EPFO) has said that it is mandatory to link Aadhaar in PF account before September 1.
maruti suzuki price hike
The prices of all the car models of the company will be increased from 1 September 2021. According to Maruti’s statement, the increase in prices is being done due to the increase in input cost. This increase in the prices of the car will depend on the model. However, the company has not yet told how much the price of which model will increase.
Car insurance rules changed
According to a decision of the Madras High Court, whenever a new vehicle is sold from September 1, it will be mandatory to have bumper-to-bumper insurance. This insurance will be for a period of 5 years, let us tell you that in bumper-to-bumper insurance, those parts of the vehicle will also be covered in which insurance companies generally do not cover.
Change the check clearing system
There are also changes in the rules for making large amount payments through cheques from September 1. RBI has implemented the positive pay check system from January 2021, under which the bank has to be informed in advance for checks with a value of more than 50 thousand rupees. Banks are implementing this rule in several phases. From September 1, 2021, Axis Bank has decided to make Positive Pay system mandatory for its customers.
LPG cylinder price change
Gas prices are fixed on the 1st of every month. From 1st September 2021, people can get new gas prices. In August, gas prices had seen an increase of Rs 25. Earlier in July, gas prices had increased by Rs 25.50.
