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These rules related to money will change from January 1, it is going to affect your pocket

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New Rule: New rules or changes in old rules come into force in the country on the first of every month. Changes will be implemented in the country on the first day of the new year i.e. January 1, 2022, which is going to affect your life as well. Know what these changes are: –

ATM Cache Removal

  • Withdrawing cash from 1 ATM from the first day of the new year (Cash ATM Transaction) will become expensive.
  • Withdrawing money after the free withdrawal limit from ATM in the new year will cost you less than now. More charges will have to be paid.
  • The Reserve Bank of India (RBI) had given permission to increase the charges in June itself."text-align: justify;">change in GST law

    • Filling wrong returns of GST is going to be costly in the new year.
    • GST officials will be able to take direct steps for recovery against traders who filed wrong GST returns from January 1.
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      Buying These Goods Will Be Expensive

      • If your plan is to buy new clothes and shoes, then if you do this work before January 1, then you will be in profit.
      • Actually the Central Board of Indirect Taxes and Customs (CBIC) has introduced various types of has increased the rate of GDP for clothing, apparel and footwear. Earlier this rate was 5 percent, now it will be 12 percent.
      • The new GST rate will be applicable from January 1, 2022.
      • Reduction of GST rates for some synthetic fibers and yarns from 18% to 12. % done.

      IPPB New Charges

      • If you are a customer of IPPB (India Post Payments Bank) then with effect from January 1, 2022, there will be a charge for cash withdrawal and deposit in excess of a limit.
      • Savings and Current Account without charge Now only Rs 10,000 can be deposited in a month. Additional charges will have to be paid for depositing more money than this. After this, 50 percent charge will have to be paid on every transaction.

       

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