Changes From 1st August: These changes will happen from August 1, know what effect it is going to have on your daily routine...
The month of July is about to pass. August is coming. With the new month, there are going to be changed in many rules. go...
Cheque payment rules will change in Bank of Baroda
Cheque payment rules in Bank of Baroda are going to change from August 1. According to the guidelines of the Reserve Bank of India, the Bank of Baroda has made changes in the rules of Cheque payment, these changes will be applicable from August 1. Bank of Baroda has informed its customers that from August 1, Cheques with an amount of Rs 5 lakh or more will be paid based on a positive pay system. Under this, those issuing Cheques of an amount of Rs 5 lakh or more will have to give information related to their Cheque payable to the bank through SMS, net banking, or mobile app.
LPG cylinder prices may change
On the first of every month, government oil marketing companies fix the rate of gas cylinders. This time also the price of the LPG cylinder will be fixed on August 1. It is possible that this time also the prices of LPG will see an increase. However, nothing can be said clearly about this yet. It will be decided only on August 1 whether the prices of LPG cylinders will increase or their prices will come down.
Will not be able to fill ITR return
The last date for filing an income tax return is 31 July 2022. If you do not file your return by July 31, 2022, then from August 1, you will have trouble filing your return. However, on or after August 1, people will be able to file the return, but after July 31, they will have to pay the penalty fixed by the Income Tax Department for filing their return. In such a situation, if you want to file your income tax return in August, then you will be able to do so only after paying the penalty amount.
Banks will remain closed for 18 days in August
The Reserve Bank of India prepares a list of bank holidays in the country. According to this list, there is a total of 18 bank holidays in August. This means that banks will remain closed for a total of 18 days in August in the country. In ace, the few days that are left for banking, we will have to deal with our banking-related work in those days itself. In August, banks will remain closed on Muharram, Raksha Bandhan, Independence Day, Krishna Janmashtami, Independence Day, and Ganesh Chaturthi. Apart from this, like every month, in August also, banks will be closed on the second and fourth Saturdays due to weekly holidays. Adding these weekly holidays, the banks are going to be closed for some 18 days in August.