back to top
12.1 C
New Delhi
Sunday, December 22, 2024
spot_img

September’s 5 Big Financial Changes: LPG Price Hike, Aadhaar Update & More

As September 2024 approaches, numerous important events are expected to have an influence on household finances, ranging from LPG cylinder pricing to new credit card restrictions. Staying informed about these changes might help you manage your budget more successfully and avoid unforeseen financial issues. Here are the five most important changes to be aware of this month.

1. Aadhaar Update Deadline Extended

The Unique Identification Authority of India (UIDAI) has extended the deadline for free Aadhaar updates until September 14, 2024. This extension offers Aadhaar holders more time to ensure their demographic details are accurate and current. Updating Aadhaar is essential as it is linked to critical services such as banking, government programs, and mobile connectivity. The process involves submitting valid identity and address proof online via the UIDAI portal. It’s crucial to act before the deadline, though it remains uncertain whether UIDAI will extend it again.

2. OMCs Hike Commercial LPG Cylinder Prices in Delhi by ₹39

Oil marketing companies have revised the prices of commercial LPG gas cylinders. The rate of 19 KG commercial LPG gas cylinders has been increased by ₹39 in Delhi with effect from September 1. Delhi retail sales price of 19kg commercial LPG cylinder is ₹1,691.50 from today.

3. Updates to ATF and CNG-PNG Rates

Beginning September 1, 2024, revisions to the prices of aviation turbine fuel (ATF) and CNG-PNG are expected. These changes could affect transportation costs, especially in air travel, and might lead to a ripple effect on the prices of goods and services due to higher logistics expenses. Households that use CNG-PNG for their vehicles or as a domestic energy source should monitor these price shifts closely.

4. New Measures Against Fraudulent Calls

To combat the growing issue of fraudulent calls and spam messages, the Telecom Regulatory Authority of India (TRAI) is implementing new measures from September 1, 2024. A key change includes the gradual transition of telemarketing services to a blockchain-based system by September 30, enhancing security and reducing the volume of unsolicited calls and messages. This initiative is part of a broader effort to protect consumers from telecom-related fraud.

5. Changes to Credit Card Regulations

September will see updates to credit card policies, particularly concerning reward points and payment schedules. HDFC Bank is introducing a cap on reward points for utility payments, meaning cardholders might earn fewer points on transactions like paying for electricity or water. Meanwhile, IDFC First Bank is revising its payment schedules, potentially affecting how and when payments are processed. Credit card users should review these changes carefully to avoid missing out on rewards or incurring unexpected fees.

Get the Latest News Updates and Stay Informed with FELA NEWS!

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

3,625FansLike
67,000FollowersFollow
5,582SubscribersSubscribe
- Advertisement -spot_img

Latest Articles