If the traffic rules are broken,
then the heavy penalty will be imposed from September 1 on the Motor Vehicles (Amendment) Act. Now, driving and drinking, overspeed, overloading etc. will have to pay many times more fine. You can apply for a driving license from anywhere. The contractor and the company will also be fined for the accident due to disturbances in road construction.
File Income Tax Return: After August 31, you will have to pay a fine of Rs 5000 for filing your income tax return. Those whose taxable income is more than 5 lakh will have to pay Rs 5000 and those who have less than 5 lakh will have to pay Rs 1000 as penalty.
2 online train tickets are expensive
A service charge of ₹ 20 has to be paid on e-ticket booking of Sleeper Class in Railways
A service charge of Rs 140 will have to be paid on AC class e-tickets. 10 rupees service charge for sleeper on payment from Bhima app. Rs 20 service charge will be charged on AC from Bhima app
Easy to make Kisan Credit Card
The bank will have to issue Kisan Credit Card within a maximum period of 15 days. The central government has issued instructions to banks in this regard.
Instant settlement of tax matters
The government has introduced a new scheme to deal with old tax matters. The scheme will run from 1 September to 31 December. There will be no legal action on paying tax. There will also be exemption from interest and penalty on paying taxes. There will be 70% tax on tax up to 50 lakhs, 50% tax on taxes above 50 lakhs.
Loans will be added from repo rates
Many banks, including State Bank, will link customers home, auto loans with repo rates. This will give customers less interest. Home loan, auto loan, personal loan facility can also be started in 59 minutes from public sector banks.
vehicle insurance
General insurance companies will now provide separate insurance to the vehicles for loss due to natural calamities like earthquakes, floods, sabotage, riots.
New warning on tobacco products
Warning regulations on tobacco products will change. Now the toll-free number 1800112356 will be written on the packet. Talking on which you will know the free ways to quit addiction.
KYC required
- If you do not have KYC by 31 August, your Paytm, Google Pay, Phone Pay and other mobile wallets can be closed from 1 September. The Reserve Bank has sent a notice to the mobile wallet companies.
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