New Rules: Many major changes take place on the first day of every month. These changes directly impact the pocket of the common man. In such a situation, the month of November starting from tomorrow is also bringing many big changes. These will have a direct impact on your household budget…
Many major changes take place in the country on the first of every month. These changes directly impact the pocket of the common man. The month of October is about to end. After this the month of November will begin. Many big changes are going to happen in the country on November 1. These have a direct impact on your household budget.
Gas prices are also fixed on the first of every month. This time there is going to be a change in the rules for e-invoice and import of some products. Here we are going to give you complete information about all the changes that are going to happen from one date. With this you will not have to face any kind of problem. Let us tell you about these changes.
LPG price-
The prices of gas cylinders, CNG and PNG are decided on the first of every month. New prices are announced on the 1st of every month. It is also possible that the government may not change the prices. At the same time, NIC has informed that businesses with a turnover of Rs 100 crore or more will have to upload GST challan on the e-challan portal within 30 days from November 1.
Import deadline-
Till October 30, the government had given exemption on import of laptops, tablets and many electronic products falling under HSN 8741 category. However, will the government change the rules regarding this from November 1 or not? The government has not yet taken any decision on this subject.
Transaction Fee-
Bombay Stock Exchange i.e. BSE had announced on October 20 that it will increase the transaction fees on equity derivatives segment from November 1. These changes will be applied to S&P BSE Sensex options. Increasing transaction costs may have a negative impact on traders, especially retail investors.
LIC Policy-
If any of your LIC policies has been discontinued, you can get it started by 31st October. The policy can be started without any problem till 31st.