7 big rules will be implemented from July 1, changes in Aadhaar, Railways and LPG will have a direct impact on the pockets of the general public.
Tezzbuzz Desk- With the beginning of the new month, many important changes are going to be implemented in banking, travel, credit cards, gas cylinders and Aadhaar services. Know which rules are changing.
The beginning of the month of July is bringing many big changes for the common people. Many such new rules are going to be implemented from July 1, which can have a direct impact on your pocket, travel, investment and everyday expenses. There are going to be many important changes from Aadhaar update to railway fines, LPG prices, bank FD and credit card facilities.
Updating Aadhaar will be easy
UIDAI has given big relief to Aadhar card holders. There will be no charge for updating or linking e-mail ID through Aadhaar mobile app from July 1 to December 31. Earlier a fee had to be paid for this service, but now it has been made free for six months.
Strictness on traveling without ticket in railways
Indian Railways may take strict action against those traveling without tickets. The minimum fine may be increased as per the proposed rules. Apart from this, strict action is also being taken against those traveling on someone else’s ticket, unauthorized entry in women’s coach and creating chaos in the train.
Changes in FD and credit card rules
Following the policies of RBI, many banks can change the interest rates of their fixed deposits (FD). In such a situation, before getting a new FD or renewing an old FD, definitely check the new rates.
At the same time, there may be changes in the reward points and cashback rules available on credit cards of some major banks. Benefits may be limited on multiple transactions.
Keep an eye on LPG cylinder prices
Like every month, on July 1 too, oil companies will review the prices of LPG cylinders. Any change in the prices of domestic gas cylinders will have a direct impact on the monthly budget of common families.
There may be change in the prices of petrol and diesel
The rates of petrol and diesel will be reviewed based on the prices of crude oil in the international market. If the global market remains soft then consumers may get relief.
Air travel can be expensive or cheap
Air turbine fuel (ATF) prices will also be reviewed on July 1. Changes in ATF prices can directly impact airfares. If fuel is cheaper then airlines can give relief in fares.
New rule for HDFC bank cardholders
HDFC Bank is going to change the rules of some of its popular credit cards. New conditions may apply, particularly regarding airport lounge access. With this, cardholders may get different facilities than before.
What should customers do?
Experts say that banking, investment, travel and household budget should be planned in advance keeping in mind these changes to be implemented in July. By being aware of the new rules, unnecessary expenses and troubles can be avoided.
These changes, which will be implemented from July 1, will affect the everyday lives of crores of people, so it is very important to be aware of them in time.
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