Rules Change from November 1: All these rules going to change from tomorrow

Tomorrow begins the month of November, On the first day of every month, many financial rules change in the country. These changes have a direct impact on the common man's budget.

Rule Change from 1 November: Only one day left for the month of October to end. Tomorrow begins the month of November. On the first day of every month, many financial rules change in the country. These changes have a direct impact on the common man’s budget. Rules Change from November 1: All these rules going to change from tomorrow.

From November 1, many financial rules will change, which will affect your pocket. Here’s a look at what major changes are coming from November 1 – From November 1, many rules will change, which will directly affect your budget. LPG price is fixed on first day of every month. Prices of commercial and domestic cylinders are announced on 1st of every month.

Moreover, the rules for e-invoicing and import of certain products will also change. Here are the details of what the rules will change from November 1.

Rules Change from November 1: All these rules going to change from tomorrow
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Gas Cylinder Price :

Gas cylinder prices are subject to change. The price of gas cylinders is fixed on the first day of every month. According to the oil companies, the price of gas cylinders may increase or decrease. This is likely to continue with no change in prices. Change in rules related to e-challan,

Goods and Services Tax (GST):

According to the National Informatics Center (NIC), businesses with a turnover of Rs 100 crore or more will be required to upload GST invoices on the e-challan portal within 30 days from November 1. The GST authority had taken this decision in September. According to NIC, businesses with a turnover of Rs 100 crore or more will have to upload e-invoices on the portal within 30 days from November 1.

Rules Change from November 1: All these rules going to change from tomorrow
Image Credit To Original Source

Import deadline:
The government has exempted the import of laptops, tablets, personal computers and other electronic items of HSN 8741 category till October 30. But there is no official announcement about this yet. So it remains to be seen what changes will happen from November 1.

Transaction Charges :

On October 20, the Bombay Stock Exchange (BSE) had announced an increase in transaction charges on equity products from November 1. These changes are applicable to S&P BSE Sensex options. Rising transaction costs have a negative impact on traders, especially small investors.

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