The new year is very special for you, as the country's largest bank SBI will close your old ATM card by January. On the other hand, the old check book will not run. Apart from this, you will get more benefit from the government pension scheme. What do you know about this?
(1) Now you will receive a receipt by SMS on mobile after paying premium of insurance. Insurance regulator IRDAI has taken this decision. All the insurance companies must adhere to it. If you ever pay a premium of an insurance policy after January 1, then you will receive a notification on mobile from SMS.
(2) Debit and Credit Card Change: If you have a debit card or credit card with a Magnetic Strip, you can change it immediately. Because EMV Chip based credit or debit card will work only on 1 January 2019.
(3) Tax exemption on NPS: This change can give you relief. According to the new rules, NPS does not have to pay tax on the National Pension Scheme, as it will be held in the EEE series from 1 January 2019. So if you take money due to NPA maturity, you will not have to pay tax for it.
(4) Old check will not be valid: If you are still using an old check, replace it with your bank immediately as the old check will not run in the new year. In the new year, checks with CTS, check transaction system can be used only. There is no need to send one bank from another bank to clear the CTS check. It will be sent to an electronic image related party, including all the necessary information. This check is more secure. Because it has the void Pentagon, which can not be copied.
(5) Increase in the prices of cars: If you are thinking of taking a car, do it sooner because the cost of cars is increasing in the new year. Car makers are going to increase prices by January 1.
To know much more in Gujarati click here
(1) Now you will receive a receipt by SMS on mobile after paying premium of insurance. Insurance regulator IRDAI has taken this decision. All the insurance companies must adhere to it. If you ever pay a premium of an insurance policy after January 1, then you will receive a notification on mobile from SMS.
(2) Debit and Credit Card Change: If you have a debit card or credit card with a Magnetic Strip, you can change it immediately. Because EMV Chip based credit or debit card will work only on 1 January 2019.
(3) Tax exemption on NPS: This change can give you relief. According to the new rules, NPS does not have to pay tax on the National Pension Scheme, as it will be held in the EEE series from 1 January 2019. So if you take money due to NPA maturity, you will not have to pay tax for it.
(4) Old check will not be valid: If you are still using an old check, replace it with your bank immediately as the old check will not run in the new year. In the new year, checks with CTS, check transaction system can be used only. There is no need to send one bank from another bank to clear the CTS check. It will be sent to an electronic image related party, including all the necessary information. This check is more secure. Because it has the void Pentagon, which can not be copied.
(5) Increase in the prices of cars: If you are thinking of taking a car, do it sooner because the cost of cars is increasing in the new year. Car makers are going to increase prices by January 1.
To know much more in Gujarati click here
This 8 major changes will be take place in january will direct impact on your life
Reviewed by Master
on
12/30/2018 09:09:00 pm
Rating:
Reviewed by Master
on
12/30/2018 09:09:00 pm
Rating:
