November 2023 Money Rules Changed: On the first of every month, some new financial rules come into force. Similarly, from November 1, some new rules will be made and some will be updated. At the same time, these changes and new rules will have a direct impact on your pocket.
November 2023 Money Rules Changed: The new month has started and since the beginning of November, there are many money related rules which have changed or are about to change. On the first of every month, some new financial rules come into effect. Similarly, from November 1, some new rules will be made and some will be updated. At the same time, these changes and new rules will have a direct impact on your pocket.
Therefore, it is important to know what new financial rules have come into effect from November 1.
Gas price hike
Oil marketing companies (OMCs) on Wednesday increased commercial LPG cylinder prices by Rs 101.5 per cylinder in the monthly revision of prices across the country. From November 1 i.e. today, the price of 19 kg cylinder in Delhi will now increase from Rs 1731.5 to Rs 1,833.
E-Challan
According to the National Informatics Center (NIC), a person with a turnover of at least ₹100 crore will have to upload his GST challan on the e-challan portal within the next 30 days.
Laptop Import
On August 3, the government had immediately banned the import of seven items including laptops, personal computers (PCs) and tablets under the HSN 8741 category. However, a day later the restrictions were postponed till 31st October i.e. yesterday.
Unless any change in the policy is announced, clearance of these seven items will now require a valid ‘Restricted Import License’.
LIC Policy (Reopen lapsed LIC policy)
The deadline to reopen lapsed LIC policy was 31st October.
Transaction Fees
Bombay Stock Exchange (BSE) will increase the fees for transactions in the equity derivatives segment. BSE had made an announcement in this regard on 20 October.
