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Home Personal Finance Rules to change from 1, November 2022 : These important changes will...

Rules to change from 1, November 2022 : These important changes will happen from 1st November, which will have an impact on your pocket!

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Rules to change from 1, November 2022: Many rules are changed on the first date of every month, ranging from gas cylinder prices to many other government rules. There is a possibility that many important changes can happen from November 1, which can have a direct impact on your pocket.

Rules to change from 1, November 2022: A day later the month of November will start. Many important changes are going to happen in the rules from November 1, which will have a direct impact on your pocket. Therefore, it is important to know about the rules changing today, so that you do not have any problem. These changes are related to money. Therefore, they will have a direct impact on your pocket.

New rule for electricity subsidy
The new rule of electricity subsidy is going to be implemented in Delhi from 1st November. According to this rule, those who have not registered for subsidy on electricity, they will stop getting this subsidy from November 1. Let us tell you, it is necessary for the residents of Delhi to register to get free electricity up to 200 units in a month, who are not able to get the registration done. They will be given subsidy only after registering by October 31.

KYC may be required by insurers
The Insurance Regulatory and Development Authority of India (IRDAI) may make it mandatory for insurers to provide KYC (Know Your Customer) details from November 1. As of now, providing KYC details while buying a non-life insurance policy is voluntary and is likely to be made mandatory from November 1. KYC related rules can be made mandatory for both new and old customers. Under this, if you do not present KYC documents while making an insurance claim, then your claim can be rejected.

Gas cylinder price
LPG cylinder prices are revised on the 1st of every month, as they are reviewed on the 1st of every month. In such a situation, it is possible that the prices of gas may increase once again and or may even be reduced. Also, it may happen that there is no change in the prices i.e. the current rate should be retained. Recently there has been a jump in gas prices internationally. Therefore, it is believed that the prices of LPG cylinders may increase from November 1. Indane’s 19 kg commercial cylinder became cheaper by Rs 25.5 in Delhi from October 1, 2022.

Possible change in train schedule
According to media reports, according to the new timetable of Indian Railways from November 1, the time table of several thousand trains will change. So, if you are traveling on or after 1st November then the train timings should be before the departure of the train. Earlier these changes were to be implemented from October 1, but now they will be applicable from November 1, under which the timings of the running capitals in the country will also be changed.

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