Important financial rules came into effect from October 1: Know them, otherwise you may incur huge loss!

Many important changes are coming into effect from October 1, 2024, including work and holiday visas, amendments in transaction charges, call drop rules, Direct Tax Dispute Settlement Scheme, new PPF guidelines, and HDFC credit card rules. All these changes are important for people. Let us look at these key points briefly:

Australia Visa

Indian nationals will be granted 1,000 work and holiday visas annually, which is part of the Australia-India Economic Cooperation and Trade Agreement.

NSE and BSE transaction charges

BSE and NSE have made changes in their transaction charges, which are now applicable. The new rates have been fixed for some specific segments.

Unsolicited calls and call drop rules

TRAI has implemented new rules related to call drops and unwanted calls, under which heavy fines can be imposed on the companies.

Direct Tax Vivaad se Vishwas Scheme 2024

CBDT has launched a new scheme for Direct Tax Dispute Resolution, which aims to resolve disputes easily.

New rules of PPF

New guidelines have been issued for the Public Provident Fund, which will clarify the settlement of irregular accounts.

HDFC Credit Card Rules

HDFC has imposed some new restrictions on rewards redemption for its Infinia credit cardholders, allowing points to be redeemed for only one Apple product in a quarter.

It is important to keep track of these changes as they can impact your financial and personal life.