By Admin 
1 June Rule Change: With the beginning of the month of June, many major rules have changed across the country. These changes can directly impact the pockets of common people, banking, gas cylinders, digital payments, solar panels and vehicle prices. In such a situation, if you are planning to do banking, gas booking, online payment or buying a car, then it is important to know the new rules.
LPG cylinder prices changed
On the first of every month, oil companies review the prices of LPG cylinders. There has been a change in the prices of commercial gas cylinders and Chhotu gas cylinders from June 1, while the rates of domestic cylinders are also being monitored. Fluctuations in crude oil prices and international conditions are affecting LPG prices. In such a situation, domestic consumers may also be affected in the coming days.
Inflation shock from June 1, price of 5 kg small gas cylinder also increased, know the new rate
New system of UPI
Some new changes have been implemented from June to make digital payments more secure. Now in many UPI transactions, before sending money, the name of the person registered in the bank will be visible, so that the cases of wrong transfer and fraud can be reduced. Its purpose is to reduce the cases of money transfer to wrong accounts and online fraud. With this, users will get more security while making payments.
PAN-Aadhaar link
The government is continuously emphasizing on linking Aadhar card and PAN card. Those who have not yet linked both the documents may face problems in banking and tax related work. Validity of PAN is necessary in many financial services. In such a situation, if the linking is not complete then some services may be affected.
ATM and Banking
Some changes have also been implemented in the banking sector since June. Some banks have changed the rules related to cash deposits and deposit limits of small notes. Apart from this, customers have also been advised to keep an eye on the updates related to banking charges and service charges, because different banks keep updating their rules from time to time.
New rules of HDFC Bank
If your account is in HDFC Bank then this change is important for you. The bank has changed the rules related to cash deposit of small notes and coins. Now the deposit limit for notes worth Rs 20 or less has been fixed at Rs 10,000 per month. The limit for depositing coins will be Rs 5,000 per month, if you deposit more than this, you may have to pay an additional 2% fee.
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New rules for those installing solar panels
If you are thinking of installing solar panels on the roof of your house, then this change is important for you. The government has made it clear that only solar modules and cells from companies included in the Approved Model and Manufacturer List will be used in subsidized projects. The government says that this will improve the quality and promote domestic manufacturing. However, there is a possibility that the cost of some projects may increase due to this.
Buying a car can be expensive
With the beginning of June, car buyers have also been shocked. Many auto companies have increased the prices of their vehicles. Maruti Suzuki has increased the prices of many of its cars by up to Rs 30,000, while Hyundai Motor India has also announced to increase the prices of different models. In such a situation, those buying a new car may have to spend more money than before.
Also keep an eye on petrol-diesel and fuel market
Amidst the ongoing tension in West Asia and rising prices of crude oil, people are also worried about the prices of petrol and diesel. Some new charges related to petrol, diesel and air turbine fuel (ATF) have also come into effect from June 1. Under this, export duty of Rs 1.5 per liter on petrol, Rs 13.5 per liter on diesel and Rs 9.5 per liter on ATF has been imposed. Oil companies are constantly reviewing the market. If crude oil remains expensive in the international market, then there may be an impact on fuel prices in the coming days.
border trade started
India-China border trade will resume from June 1 through Shipki-La Pass in Reckong Peo, Kinnaur, Himachal Pradesh. There are 20 items that can be imported and about 36 items that can be exported.
What will be the impact?
With the beginning of the month of June, changes related to gas, banking, car, fuel and solar sectors can directly impact people’s pockets. In such a situation, if you are planning to book a gas cylinder, buy a car, deposit cash in the bank or install solar panels, then it is important to be aware of the new rules in advance. With this, you will not have to face any kind of problem or expense later.