August month changes: Last month, the central government reduced the price of 19 kg commercial cylinder and there is speculation that the government may reduce its price this time too.
August month changes updates: Several important changes in financial rules and regulations will come into effect from August 1, 2024. These changes will affect the daily lives of many citizens. Every month there are changes in various laws and the same will happen in August. Among the notable changes, the country’s largest private sector lender HDFC Bank will change its credit card rules, while Google will update its charges for Google Maps in u.
It is important to be aware of these upcoming changes to understand how they might affect your pocket. Here’s a look at what changes are coming next month.
Update on LPG cylinder prices
Every month, major changes in the prices of LPG gas cylinders are implemented first. Last month, the central government had cut the price of 19 kg commercial cylinder and it is being speculated that the government may cut its price this time too.
Reduction in Google Maps service
From August 1, 2024, there are going to be significant changes in the rules of Google Maps in India. The company has announced that it has reduced the service charge in India by up to 70 percent and will now send bills in Indian rupees instead of dollars. It is worth noting that these changes will not affect regular users as no additional charges will be levied on them.
HDFC Bank Credit Card Rule Changes
From August 1, the bank’s customers who use services such as CRED, Cheq, MobiKwik and Freecharge to pay fare will be charged 1 per cent of the transaction amount, limited to Rs 3,000 per transaction. Also, there will be no additional charge on fuel transactions below Rs 15,000, but transactions above Rs 15,000 will attract a 1 per cent fee, limited to Rs 3,000 per transaction.
