New Rules from 1st April, 2023: The burden on the pocket will increase, these 11 rules will be applicable, be ready for these changes related to your pocket

 


New Rules from 1st April, 2023: Many rules related to your other expenses including stock market, investment, income tax are changing. For your information, we are telling about many such big changes here.

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New Rules from 1st April, 2023: The month of April is going to knock with many new changes. Many rules related to your other expenses including stock market, investment, income tax are changing. There is a change in the rules of gold hallmarking. The deadline for PAN-Aadhaar card linking is ending on March 31. After April 1, the unlinked PAN is going to be inactive. Many auto companies are making their vehicles expensive. Apart from this, there are changes like revision of LPG cylinder prices and list of bank holidays, which are revised on the first of every month. For your information, we are telling about many such big changes here.

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1. PAN CARD WILL BECOME INACTIVE

If you have not yet linked your PAN card, then you have to link it before March 31, 2023, so that your PAN does not become inactive from April 1. As per section 139AA of the Income Tax Act, every person who has been allotted a Permanent Account Number (PAN) as on 1st July, 2017, and who is eligible to obtain an Aadhaar number, shall intimate his Aadhaar number in the prescribed form and manner . In other words, such persons will have to mandatorily link their Aadhaar and PAN with late fee payment by 31.03.2023. If you do not do this, then after April 1, you will have to pay Rs 10,000.

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2. Vehicles of many companies including Honda, Tata, Maruti will become expensive from April 1

With the transition to the second phase of BS-VI, the cost of auto companies is increasing, apart from this, in view of inflation, they are passing on the increased cost to the customers. In such a situation, if you are planning to buy a vehicle after April 1, then there will be more burden on your pocket. Companies like Honda, Maruti Suzuki, Tata Motors, Hero Motocorp have announced that they are going to increase the prices of different variants of their vehicles from 1st April.

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3. UDID will be mandatory for Divyangjan

To avail the benefits of 17 government schemes, Divyangs will have to compulsorily from April 1 give the Unique Identification Card (UDID) number issued by the Center for Divyangjan. The government said that those who do not have UDID card will have to provide UDID enrollment number (generated from UDID portal only) along with disability certificate. According to an office memorandum issued by the Department of Disability Affairs, care should be taken that physical copy of disability certificate or uploading of disability certificate is not required if valid UDID number is available.

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4. ONLY 6 DIGIT HUID MARKED JEWELERY CAN BE SOLD

From April 1, only those gold ornaments and artefacts will be sold in the country which bear the six-digit 'Hallmark Alphanumeric Unique Identification' (HUID) number. This means that after March 31, shopkeepers will not be allowed to sell old hallmarked jewelery without HUID. The Ministry of Consumer Affairs said in a statement that a decision in this regard was taken on January 18 after consultations with all stakeholders to safeguard the interests of consumers. Gold hallmark is a certificate of purity of gold. It was voluntary from 16 June 2021. The six-digit HUID number has been imposed from July 1, 2021. The ministry also clarified that old hallmarked jewelery held by consumers will remain valid.

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