Rule Change: The month of October is about to start. This month is the deadline for many financial works. Many financial rules change on the first date of every month. The same will happen in October. From October 1, the rules of PPP and Sukanya Yojana along with the price of LPG cylinder will change. Let’s know in detail in this article.
Rule Change: The month of September is about to end and the month of October will start soon. Many financial rules will change from the first day of the month. These rules will have a direct impact on the pocket of the general public. We will tell you which financial rules are going to change from the month of October.
Gas Cylinder
The price of LPG cylinder changes on the first date of every month. Oil companies update the prices of domestic cylinders and commercial cylinders. In September, oil companies had increased the prices of commercial cylinders.
Share Buyback
Market regulator SEBI has changed the credit rules of the stock market. This change will come into effect from October 1, 2024. According to the new rules, now the share will be credited in the Demat Account in 2 days. At the same time, investors will get bonus shares within two days of the record date.
Sukanya Samriddhi Yojana
If you have a Sukanya Account in your daughter’s name, then let us tell you that its rules have changed from October 1, 2024. If grandparents or any other person has opened a Sukanya account, then the account will have to be transferred to the name of the parents or guardian. If the Sukanya account is not transferred, the account will be frozen.
Changes in PPF rules
The central government has changed the rules of Public Provident Fund (PPF). According to the new rules, action will now be taken for keeping more than one PF account. At the same time, account holders below 18 years of age will not get interest on Post Office Savings Account. When they turn 18 years of age, interest will be credited after that.
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