From today the general public will get a severe blow of inflation, all these rules will change in the country

New Delhi | Rules Change From 1 April 2022: The people facing inflation in the country are going to get shocks from 1st April 2022 as well. Many big changes are going to happen in the country from today, which will have a direct impact on the pockets of the general public. From April 1, there will be changes in many rules including bank, tax, GST. Let us know what other inflationary shocks the general public will have to face from this month…

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Now PF account will also be taxed
The central government is implementing new income tax laws from April 1. From April 1, 2022, the existing PF account can be divided into two parts, which will be taxed. According to this rule, tax free contribution up to Rs 2.5 lakh will remain in the EPF account. Contribution above this will attract tax on interest income. However, the tax free contribution limit to GPF of government employees is Rs 5 lakh per annum.

LPG cylinder can be expensive
There may be a change in the price of LPG cylinder from April 1. In view of the increase in oil prices every day, the prices of LPG can also be increased.

Everyday medicines will become expensive
From today, many types of medicines are going to become expensive in the country. In which the prices of essential medicines including pain killers, antibiotics, anti-virus will increase.

post office rules
Rules Change From 1 April 2022: There are going to be changes in the rules of the post office as well. From April 1, 2022, the interest money on Post Office Monthly Income Scheme, Senior Citizens Savings Scheme and Term Deposit counts will be credited to the savings account only. You will not be able to take interest money in cash by going to the post office.

Cryptocurrencies will also be taxed
Tax rules on cryptocurrencies are going to change from April 1. The Finance Minister had said in the budget that all virtual digital assets or crypto assets will be taxed at 30 percent, if there is a profit on selling them. Also, whenever a crypto asset is sold, a percentage of its sale will also deduct TDS.

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Minimum balance limit in Axis Bank is now 12 thousand
From April 1, Axis Bank has increased the minimum balance limit in savings account from Rs 10,000 to Rs 12,000. Along with this, the bank has also changed the stipulated limit of free cash transactions to four free transactions or up to Rs 1.5 lakh.

Homebuyers will get a shock
From April 1, the central government is stopping the benefit of tax exemption under section 80EEA to home buyers. This time Finance Minister Nirmala Sitharaman has not extended the tax exemption facility to home buyers from the new financial year 2022-23.

GST will be even easier
The Central Board of Indirect Taxes and Customs has reduced the turnover limit for issuance of e-invoices under Goods and Services Tax (GST) from Rs 50 crore to Rs 20 crore.

ATM Transaction Become Costly :

ATM Transaction Become Costly :

Payment in mutual funds will be done through UPI or Netbanking
From April 1, payment for investment in mutual funds will not be able to be made through cheque, bank draft or any other physical medium. Now to invest money in mutual funds, payment has to be made only through UPI or Netbanking.

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