Financial Rules Changes: Important financial changes in November

Financial Rules Changes: October is over and November has started. At this time there are many changes and developments in the financial sector. There are some things that have financial implications for the masses and businesses. The new financial rules will come into effect from November 1.

Gas Cylinders Price revision in November:

Petroleum marketing companies revise the prices of gas cylinders at the beginning of every month. The revised prices of LPG for cooking and CNG gas cylinders for vehicles are published on the 1st of every month. Today on November 1, the price of a commercial gas cylinder has increased by Rs 101.

Transaction charges in the stock market:

Bombay Stock Exchange, one of India’s two major stock exchanges, has hiked transaction fees in the equity deriving segment from November 1. An announcement in this regard was made by BSE on October 20.

Also Read: LPG Cylinder Price Increased Rs 101: Know Latest Rates In Major Cities

Posting of GST challan to e-challan portal:

Organizations with a turnover of at least Rs 100 crore should upload the GST challan on the e-challan portal. The National Informatics Center (NIC) said that the bill should be uploaded within 30 days of its creation.

Also Read: Ration Card New Rules: These People Will Not Get Free Ration From Now

Laptop Import Restriction:

On August 3, the government had imposed restrictions on the import of seven products under the HSN 8741 category, namely laptops, personal computers, tablets etc. Now import of these seven products is allowed if they have a restricted import permit.

Also Read: ATM Cash Withdrawal: New Rules For Withdrawing Money From ATMs

Revival of lapsed LIC policies:

If the LIC policy premium is not paid for a specified period, they lapse. The government had given permission for their renewal. This was allowed till October 31. Now this deadline is over.