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Home»NEWS»These rules will change from today, including bank, LPG, Google, income tax, will have a direct impact on you
NEWS

These rules will change from today, including bank, LPG, Google, income tax, will have a direct impact on you

Bhagyashree SoniBy Bhagyashree SoniJune 1, 2021No Comments5 Mins Read
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These rules will change from today, including bank, LPG, Google, income tax, will have a direct impact on you
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These Rule Changes From 1st June: The date of June 1 is special in many ways. From today, many rules related to banks, income tax, Google are changing. Especially this month is important for customers associated with Bank of Baroda, Canara Bank and Syndicate Bank. […]

Some rules are changing from June 1 (Photo: Freepik)

These Rule Changes From 1st June: The date of June 1 is special in many ways. From today, many rules related to banks, income tax, Google are changing. This month is especially important for customers associated with Bank of Baroda, Canara Bank and Syndicate Bank. At the same time, new prices of LPG LPG cylinders can also be released.

This month of June will be full of special changes in many other ways. From June 1, the rules related to payment by check for Bank of Baroda customers are going to change. At the same time, the IFSC Code for Canara Bank and Syndicate Bank customers is also going to change this month.

The mode of payment by check will change from June 1

Bank of Baroda is going to change the way of paying by check for customers. Actually, in order to avoid being a victim of fraud, the bank has made Positive Pay Confirmation necessary for the customers. Positive Pay System is a kind of fraud detection tool. According to bank officials, while issuing bank checks of Rs 2 lakh or more, customers will have to confirm the details of the check under the positive pay system.

Under this new system, when a customer issues a check, he will have to give full details to his bank. These details will be cross-checked by the bankers before making payment by cheque. If everything is correct then the payment will be done, but if any discrepancy is found in it, then the bank personnel will reject that check.

Income Tax website will not work!

Even though the date of income tax return has been extended, people want to do e-filing ahead of time. However, if you are also thinking like this, then you will have to wait 6 days. According to the Income Tax Department, from June 1, 2021 to June 6, 2021, the e-filing service of the department will not work.

Keeping in mind the facilities of the taxpayers, a new portal of Income Tax e-filing is going to be launched. This portal will be more convenient than the previous website. Data migration from www.incometaxindiaefiling.gov.in to the new portal www.incometaxgov.in has been completed. The new portal is going to be launched on 7 June.

LPG cylinder new price!

It is also possible to change the price of LPG i.e. LPG cylinder from June 1. Usually every month oil companies release new prices of LPG cylinders. Many times it has been seen that companies have changed the rate even twice a month. At present, the price of 14.2 KG LPG cylinder in Delhi and Mumbai is Rs 809.

The cost of a 14.2 kg cylinder in Chennai is Rs 825, while in Kolkata it costs Rs 835.50. In addition to the 14.2 KG cylinder, the price of 19 KG cylinder can also be changed. But it is not necessary that the new prices will be released on June 1. Many times the rates remain the same and then in the next few days companies issue new rates.

IFSC code will change for Syndicate Bank

Syndicate Bank has been merged with Canara Bank. According to the information recorded on the Canara Bank website, the IFSC code of Syndicate Bank will change from July 1. Syndicate Bank customers have been advised to update the new IFSC code by 30 June. Information about the new IFSC code will be available on the official website of Canara Bank.

Your rules related to Google will change

From June 1, Google is making a big change. Your storage under Google’s services is about to be limited. Google will give only 15 GB of space to its users for free. You will have to pay for more space than this. That is, you will be able to use only this limited 15 GB space in Gmail, Google Photos, Google Drive for free. Now you will also have to avoid uploading unlimited photos. At the same time, mail containing files, images, videos will also have to be kept in the inbox as per the need.

Gold hallmarking rules will be applicable from June 15

The central government is going to implement the rules of gold hallmarking from June 15. After this, only hallmarked jewelery will be sold in the country. It was to come into force in January this year. But, due to Corona, the date was extended to June 1. Again it has been increased to 15 June.

Change in the interest rate of small savings schemes

The interest rates of Small Saving Schemes like KVP, PPF, NSC and Sukanya Samriddhi are also to be changed this month. New interest rates of small savings schemes are implemented by the government every three months. At the end of the last quarter of the financial year 2020-21 on March 31, new interest rates, which were withdrawn from the old ones, were withdrawn within 24 hours. It has happened many times in the past that only the old interest rates are revised. Now on June 30, the new interest rates will be implemented again.

Also read: Good News: You can withdraw your PF amount in just 3 days, know the answers to all the important questions

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Bhagyashree Soni
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Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

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