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Rule Change : These rules will change from April 1! Will affect your pocket so much

After 6 days, the rules of many things from gold to gas prices will change in the country and their impact will be directly on your pocket. Let’s know in detail

The month of March is about to end. In such a situation, some changes are going to happen from April. All these changes will definitely affect the pockets of the common man. You should know whether some new rules are going to be added in the coming month and whether they will increase your savings or empty your pocket further. So let’s take a look at the changes…

Banks will be closed for so many days in April

With the current financial year (2022-23) ending on March 31 and the new financial year (2023-24) beginning on April 1, there are some major changes that will come into effect. These changes are directly related to money and banks, so all bank customers should know how many bank holidays will be there in April 2023.

There are 15 days in April 2023 when many private and public sector banks will remain closed due to bank holidays including weekends. Banks will be closed for 15 days including second and fourth Saturdays and Sundays in April 2023 as per the guidelines of the Reserve Bank of India (RBI).

Changes in the way gold is bought

The government said that from April 1, sale of gold jewelery and gold artefacts will not be allowed without a six-digit alphanumeric HUID (unique identification number).

“From April 1, 2023, only gold jewelery will be allowed to be sold against HUID,” said an official statement. Nidhi Khare, Additional Secretary, Department of Consumer Affairs, said that in the interest of consumers, it has been decided that after March 31, sale of hallmarked gold jewelery and gold artefacts without HUID will not be permitted.

Petrol-diesel and gas prices may increase

On the first of every month, government oil companies issue new rates of petrol-diesel to gas cylinders. Similarly, in March last month, the price of LPG gas cylinder was increased by up to Rs 50. At the same time, the price of commercial cylinder was increased by Rs 350. Now on the first date of April, the government can change the prices of gas.

PAN-Aadhaar linking deadline

The Income Tax Department has made it mandatory to link PAN card with Aadhaar. According to the advisory of the government, if both the identity cards are not linked before March 31, 2023, then the PAN card will become inactive. People will be barred from filing income tax returns or accessing services related to PAN. From April 1, 2023, the unlinked PAN will become inoperative.

Bhupendra Pratap
Bhupendra Pratap
Bhupendra Pratap has over 3 years of experience in writing finance content, entertainment news, cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @insuranceindiaain@gmail.com
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