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    May 2023 New Rule: These 6 big changes from today, know how much relief you got

    Shehnaz AliBy Shehnaz AliMay 1, 2023Updated:May 1, 2023No Comments4 Mins Read

    Many things related to your everyday life have changed since May 1. From today the commercial gas cylinder has become cheaper by Rs 171.50. Also going to get rid of spam calls. At the same time, Punjab National Bank has changed the rules of ATM transactions. Apart from this, Tata cars will now be costlier. We are telling you about 6 major changes that happened from May 1.

    1. Commercial gas cylinder became cheaper
    Commercial gas cylinder in Delhi is available for Rs 1856.50 instead of Rs 2028. In Kolkata the price has come down from Rs 2132 to Rs 1960.50. In Mumbai it is available for Rs 1808.50 instead of Rs 1980. Cylinder is available in Chennai for Rs.2021.50.

    Last month i.e. on April 1, the price of commercial gas cylinder was cut by Rs 92 by oil marketing companies. However, earlier on March 1, the price of 19 kg commercial cylinder was increased by Rs 350.50.

    At the same time, the price of domestic gas cylinder (14.2 kg) remains at Rs 1103. The last change in the price of domestic gas cylinders was seen in the month of March. Then the petroleum companies had increased the price of domestic LPG by Rs.

    2. Unwanted call-messages will no longer come
    All the three major network service providers of the country, Jio, Airtel and Vodafone-Idea have installed filters in their system to prevent spam calls. Companies claim that with the help of AI, spam messages and calls will be blocked on the network itself.

    In simple words, till now we used to know after receiving the call that it is a spam call. Then we used to block him. Now they will already be blocked on the network and the calls will not reach us. The Telecom Regulatory Authority had given the companies a deadline of 30 April.

    3. Buying Tata vehicles is expensive
    Tata Motors has increased the prices of its passenger vehicles. The company has increased the prices of all its vehicles by an average of 0.6%. This is the second time in 2023 that Tata has increased the prices. It had earlier raised the price by 1.2% in January due to rising input costs.

    4. Changes in ATM transaction rules
    PNB i.e. Punjab National Bank has changed the rules related to ATM transactions. According to this, if the transaction fails due to insufficient balance in your account while withdrawing money from the ATM, then a charge of Rs 10 will have to be paid.

    5. KYC is necessary for investing in mutual funds
    SEBI asked mutual fund companies to ensure that investors use the same e-wallet for investing in mutual funds, whose KYC is complete. That is, now investors can invest only through e-wallets with KYC. For KYC, you have to provide your PAN number, mobile number and bank details. A form has to be filled for KYC with details.

    6. Changes in rules for SBI credit cards
    SBI Credit Cards now offer a maximum cashback of Rs 5,000 in a month/billing cycle across all categories. Earlier, a maximum cashback of Rs 10,000 was available in the shopping category. Apart from this, the facility of complimentary airport lounge access will no longer be available. Earlier the card holder was given free access to domestic airport lounges 4 times every year.

    No change in the prices of petrol and diesel
    Today there has been no change in the prices of petrol and diesel. Petrol costs Rs 96.72 in the capital Delhi, while diesel is being sold at Rs 89.62 per litre.

    Source: dainikbhaskarup.com

    : Language Inputs

    This post is sourced from newspapers, magazines and third-party websites. For more information please check NewsDay Express Disclaimer.

    Shehnaz Ali
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    Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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