Changes from July 1, 2022: From July 1, many rules are going to change. Which will have a direct impact on your pocket. Now those investing money in crypto will also have to pay 1 percent TDS. Also, let us tell you that even if you have a loss, you will have to pay TDS.
Changes from July 1, 2022: Today is the last date of the month of June. Tomorrow i.e. on Friday the month of July will start. Many big changes are going to happen in your life from the first date of this month. These changes are going to have a direct impact on your life and your pocket. Although there are many changes from the first date of every month, but due to these changes, the financial burden may increase on you
Can’t buy shares without KYC
If you invest in the stock market, it is very important for you to get your demat account KYC done by today i.e. 30th June. Otherwise your account may be temporarily closed. If this happens then you will neither be able to buy nor sell the shares.
Link aadhar-pan card
If you have not linked your Aadhar card with PAN card yet, then do it now. Now you have only one day left. The last date for linking Aadhar card with PAN is June 30. If you do not complete this work till date, then you will have to pay a fine of Rs 500. But after that you will have to pay double the damages.
Read Also: FD Rules: RBI has changed the rules of FD! Know otherwise there may be heavy loss
There may be a revision in the price of gas
The price of gas cylinder is revised on 1st of every month. Looking at the way the prices of cylinders are increasing continuously, it is estimated that on July 1, the prices of LPG may also increase.
Those investing in crypto will have to pay 1% tax
A big change is happening for those investing in cryptocurrencies from July 1. Actually, these people are going to get another big setback after 30 percent tax. Now those investing money in crypto will also have to pay 1 percent TDS. Also, let us tell you that even if you have a loss, you will have to pay TDS.
Exemption on depositing property tax in Delhi till June 30
This is especially for Delhiites. In Delhi, 15 percent rebate is being given on depositing property tax till June 30. But keep in mind that after June 30 this exemption will not be available. So if you have not yet deposited property tax, do so soon.
