Financial Changes From Sep 1: Several important changes in September 2024 will impact personal finances, affecting everything from LPG cylinder prices to credit card regulations.
Here Are Top Five Financial Changes To Watch For In September:
Extended Free Aadhaar Update:
The UIDAI has extended the deadline for free Aadhaar updates to September 14, 2024, giving people more time to update their demographic information. To do so, you’ll need to upload valid ID and address proof to the UIDAI portal.
LPG Cylinder Price Adjustments
Both domestic and commercial LPG users should be aware of possible price changes. This is particularly important for businesses that rely on large amounts of LPG, as these changes could significantly affect their costs.
CNG-PNG And Aviation Fuel Price Revisions
Prices for aviation turbine fuel (ATF) and CNG-PNG are expected to be revised, which could impact transportation costs, especially for air travel. These changes might also lead to higher costs for goods and services due to increased transport expenses.
Crackdown On Fraudulent Calls
TRAI is introducing new measures to combat the rise in fraudulent calls and spam messages. By September 30, telemarketing services will begin shifting to a blockchain-based system, improving security and reducing unwanted calls and messages.
Credit Card Rule Changes
New regulations affecting credit cards, particularly concerning reward points and payment schedules, are expected. For instance, HDFC Bank will limit reward points on utility payments, meaning users might earn fewer rewards when paying for services like electricity or water. IDFC First Bank is also updating its payment schedules, which could affect how and when payments are processed.
Also Read: Vistara Bids Farewell: Check Out Key Changes For Travellers On Its Merger With Air India
