ATTENTION! 5 big changes in September 2022 that will directly impact your finances
The changes that will be happening from today i.e on September 1 will have a direct impact on your pocket. Let's have a look to find out what benefits you and for what you have to pay a higher price than before.
5 big changes
There are a lot of big changes happening from today (September 1) as the new month of September starts now. Many ongoing rules are changed from now as always modified rules or new rules will start from the start of the month. This is because customers will get time to settle things without facing any hassle. The changes that will be happening from today i.e on September 1 will have a direct impact on your pocket. Let's have a look to find out what benefits you and for what you have to pay a higher price than before.
The premium of your insurance will be reduced from today (September 1). Customers will now have to pay only 20% commission to the insurance agent by following the changes made by IRDA to the general insurance rules. The premium will be reduced after the changes made by IRDA.
Punjab National Bank
The deadline for updating KYC for Punjab National Bank customers was August 31. If you have not updated your KYC yet, your account may get blocked. Customers may have to face problems while operating their accounts.
Buying homes become costlier
If you want to buy a house, you will now have to spend more money on it as the Ghaziabad land circle rate has increased on September 1st. Other city's circle rates are expected to rise in the coming years. There is a 2 to 4% increment in the circle rate.
The toll rate on many highways has been raised from today i.e September 1. Following suit, a surcharge of 10 paise per kilometer will be levied on Yamuna Expressway from September 1. At the same time, commercial vehicles will be subject to increased tolls of up to 52 paise per km.
National Pension Scheme
Point of Presence will receive a commission on the opening of an account in the National Pension Scheme from today (September 1). The registration and access of other services are made available to the investors in NPS only through PoP. From today (September 1), PoP will be given a commission ranging from Rs 10 to Rs 15 thousand.