Attention: Big changes from September 1 that will impact your finances

Attention: Big changes from September 1 that will impact your finances

Hyderabad: Important note to users. From September 1, there will be changes in banking, insurance, toll tax and IT returns. If you act according to those changes, you can be safe from financial problems. But now, let's know the changes that have come into effect.  

The premium price has come down.

According to the changed rules of the Insurance Regulatory and Development Authority (IRDA), the reduced insurance premium prices have come into force from September 1. So, the policyholders have to pay only 20% commission to their agents.

IT deadline is reduced

Those who have filed IT returns after August 1 should complete e-Verification immediately. Because the verification deadline has been reduced; until now this deadline was 120 days, and now that deadline has been reduced to 30 days.

Have you completed KYC?

Punjab National Bank has asked customers to complete their KYC by August 31. KYC should be completed within the deadline. Otherwise, bank customers may face difficulties in managing transactions in their accounts

Atal Pension Yojana

The Central government has taken a crucial decision. Restrictions have been imposed on those joining Atal Pension Yojana (APY). It has been announced that the taxpayers, who have paid taxes before October 1 will be ineligible for this scheme. Those who joined before that are eligible.


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