New year, new rules: What all is changing from January 1, 2021
- Ji ha dosdo bahut sari badlaw laya 2021
Whatsapp may stop working WhatsApp: WhatsApp may stop working on some Android and iOS phones after January 1. Information has been given by the company that WhatsApp will stop working on the old software.
Banking
Banking me badlaw Changes from 1st January: There is going to be a big change related to your money in the new year. From January 1, the new system will be implemented to prevent fraudulent transactions in the banking system. In this, all checks worth more than 50 thousand rupees will be issued only by positive pay check. Not only this, at the time of deducting the check the customer himself will inform the bank about the cash (Withdrawal). The bank will give clearance only after matching the information of both the check borrower and the cashier.
The country's largest bank State Bank of India (SBI) is also going to implement a new system for check payments from January 1. In the new system, some important details will have to be reconfirmed to pay more than 50 thousand rupees through checks. This system will be implemented from 1 January 2021. RBI has also issued a guideline regarding this, stating that from 1 January 2021, 'Positive Pay System' will be implemented. The check issuer will be helped to avoid fraud at the time of payment.
In the new system, the issuer of the check will have to give the account number, check number, check amount to the bank. SBI has asked its customers to choose the option of positive pay system. If they need any information about this, then they can go to the nearest bank branch. A few months ago, the Reserve Bank of India (RBI) has decided to implement a positive pay system for check payments. RBI Governor Shaktikanta Das announced this in the MPC August Policy. This step is being taken to reduce fraud at the time of check payment
Covin19
Covin country will get the gift of vaccine in the new year. CDSCO has called a meeting on 1 January. In this meeting, the three vaccine companies will share their data about India Biotech ICMR's Kovaxin, AstraZeneca and the University of Oxford's shared vaccine Kovishield
Fasttag
From 1 January 2021, FASTag was going to be mandatory for all trains in the country, but now it has been changed to 15 February 2021. Fastag will also be mandatory for new vehicles as well as vehicles sold before 1 December 2017. According to the Ministry of Road Transport and Highways, it has also been made mandatory that the renewal of the fitness certificate of a transport vehicle can be done only after the vehicle is fastened. Fastag will be mandatory even with new third party insurance
Tax
The rules of GST returns will change: Let us discuss here that small businessmen of the country will be provided facility in simple, quarterly Goods and Services Tax (GST) return filing. According to the new rule, the businessmen whose turnover is less than Rs 5 crore, they will not have to mow their foreheads in filing returns every month. After the new rule comes into effect, taxpayers will only need to file 8 returns. Of these, 4 GSTR 3B and 4 GSTR 1 returns have to be filled.
Jivan bima yojna
Simple life insurance policy will be launched: after January 1, you will be able to buy insurance at a lower premium. IRDAI has urged all companies to launch simple life insurance.
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