4 big changes from 1st October: 4 big changes related to your money are going to happen from October 1, do these work quickly, know here

The month of September is going to end in a few days and the month of October will start very soon. As soon as the month of September started, there were many changes related to money. Many rules related to money are going to change from 1 October (October 1) as well. There are going to be major changes in the rules of Atal Pension Yojana, LPG cylinder, credit-debit card in October. Let us know about these changes in detail.

Changes in Atal Pension Yojana

Atal Pension Yojana is one of the famous schemes of the central government. The big change related to this is going to happen from October 1. Under the new rules, taxpayers will not be able to join this scheme from October 1. Earlier people between the age group of 18 to 40 years could apply for this scheme at the post office or bank branch to take advantage of this scheme, but now after 9 days the tax paying customers for this scheme will not apply. will do.

Changes related to debit-credit card

Many rules related to debit and credit cards are also going to change from October. Tokenization rules of Reserve Bank of India are going to be implemented from the month of October. Under this rule, the process of transactions with credit and debit cards will become even more secure. Now if the customer transacts on any online platform, then their details will be saved in the encrypted code. Also, the company will not be able to activate the credit card without the consent of the customers.

Rules related to demat account will change

Demat account is also going to become more secure than before. By September 30, customers will have to complete two-factor authentication, only after which customers will be able to login to the demat account. Information about this rule was given in June itself. Users will have to use biometric authentication as an authentication factor to log into the demat account. On the other hand, the other authentication can be a PIN or a password. Users will get OTP through e-mail and SMS.

LPG cylinder price likely to drop

As soon as September started, the government had cut the prices of LPG cylinders. The price of LPG cylinder is fixed on 1st of every month. It is expected that LPG cylinder prices may come down in the coming festive season. Although in September, the government did not make any changes in the prices of domestic LPG cylinders, but did cut the prices of commercial cylinders.