April 1 new rules | New financial year starts from today, know how common man’s pocket will be affected? See here… | Navbharat (New India)

New Delhi. Today is April 1 (April 1), or rather Saturday. There is hue and cry in the whole country regarding this day, why? Hey brother! A big change happens on 1st April. New financial year starts from today itself. With which many changes come or happen, which have a direct impact on your pocket. In such a situation, on April 1, it is very important to know which rules are changing from today. Yes friends, from today all the old rules given below are changing.

Change these old rules, see a look

• Now don’t sell gold without 6 digit HUID number.
• Post KYC is mandatory for all NPS.
• In the Senior Citizen Savings Agreement of the Post Office, the investment limit will be increased from Rs 15 lakh to Rs 30 lakh from today.
• Today i.e. from April 1, LTCG tax benefit will not be available on debt mutual funds. At the same time, investing less than 35% in the equity market in short term gains will also be taxed.
• Can the repo rate increase? The first monetary policy of the Reserve Bank for the financial year 2023-24 can be announced on April 6.
• From today, the biggest change regarding tax is taking place. In this, instead of 5 lakh in the new tax estimates, the limit will now be Rs 7 lakh.
• From today it will become more expensive for you to buy a car. In fact now prices of many companies including Maruti, Honda, Hyundai and Hyundai may increase.
• You can pay less tax on withdrawing PF without PAN.
• From today, the certificate of saving women’s honor has also started for the service of women.
• Painkillers, anti-infectives, antibiotics and heart drugs now even more genetic approaches.
• Those who get small earnings will start increasing now.
• In the budget, it was announced to increase the customs duty on gold and imitation jewelery from 20% to 25%, on silver from 7.5% to 15%, which is applicable from today.
• There may be a change in the prices of gas cylinders.
• From today there can be cheating in talks. In such a situation, increasing the car on the express can be expensive for you.
• UPI transactions may now attract charges. However, this rule currently applies only to merchant partnerships.
• Now no tax on income up to 7 lakhs. This is applicable from the new financial year starting today. Although in its beginning its limit was 5 lakhs.
• This time, under the new tax regime, the benefit of standard tax deduction has been increased to Rs 50,000.
• Despite the implementation of the new tax regime, people can switch to the old or new tax regime at their own will.
• Under this new tax regime, the government has reduced the lower surcharge. Now it will be levied at 25% instead of 37%.
• Relief has been given in the new tax regime for small taxpayers. Means if your job is 7 lakh 50 thousand then you have been given relief on that.
• But now TDS on online gaming will change. Meaning if you have earned more than 10 thousand from online gaming, then you will have to pay 30% TDS on that as well.
• The limit of encashment exemption has been taken for non-government employees. Earlier the maximum amount of tax exemption was Rs 3 lakh, which has now been increased to Rs 25 lakh.