Attention Please! New Changes From March 1 That Can Impact Your Pocket Directly

New rules

With the beginning of the new month-March-several new rules are set to kick in. These new rules will result in significant changes that will save an impact on everyones pocket from the common man to businessmen. Here is a list of 6 big changes that will come into effect from March 1, 2024.

GST e-way bill rule

Under the new GST rule, businesses with annual turnovers crossing Rs 5 crore will not be able to generate e-way bills without including e-invoices for all their B2B transactions.

FASTag KYC

Now, you can file for FASTag KYC till March end. The National Highway Authority of India (NHAI) made it mandatory for FASTag users to update their KYC details.

SBI Credit Card

Now, the minimum day bill calculation process will be changing from today in State Bank of India (SBI). This new rule will come into effect from March 15.

Paytm Payments Bank

The Reserve Bank of India (RBI) has extended the deadline for Paytm Payments Bank and the operational ban on its services to March 15, 2024.

Bank holidays

Bank will remain closed for a total of 14 days in March, including March 8( Mahashivratri), March 25 (Holi), and March 29 (Good Friday).

LPG, CNG, PNG Price

The prices of LPG cylinders, CNG, and PNG are revised on the 1st of every month. Therefore, the changes in prices may also be announced on March 1.