Rule Changes from Today: Penalty on Income Tax Return, LPG cylinder cheaper; Read what changed from today

From today i.e. August 1, some important changes have taken place. While commercial LPG cylinders have become cheaper, now the penalty will have to be paid for filing income tax returns. Let us know if the rules have changed. Commercial LPG cylinder of 19 kg has become cheaper from today. Indian Oil has reduced its price by Rs.

Now commercial gas cylinder will be available in Delhi for Rs 1976.50. Last month it was available in 2012.50 for Rs. Now it will be available in Kolkata for Rs 2095.50, in Mumbai for 1936.50 and in Chennai for Rs 2141. Last month also, the prices of commercial cylinders were reduced, while domestic cooking gas cylinders became costlier by Rs 50. The prices of domestic gas cylinders have remained the same. At present, a 14.2 kg LPG cylinder is available for Rs 1053 in Delhi, Rs 1053 in Mumbai, Rs 1079 in Kolkata and Rs 1068.50 in Chennai.

5000 thousand rupees fine for filing return
Now a fine of Rs 5000 will be imposed for filing income tax return. The government had fixed July 31 as the last date for filing returns, which has passed yesterday. Till now the date has not been extended, so the returnees will have to pay a fine of up to five thousand rupees. Those whose annual income is less than Rs 5 lakh, they will have to pay Rs 1000 as late fee. If the annual income exceeds 5 lakhs, a fine of Rs 5000 will have to be paid.

Kisan Samman Nidhi will not be available without KYC
Now KYC has become mandatory to get the benefit of Pradhan Mantri Kisan Samman Nidhi Yojana. To take the benefits of the scheme, KYC has to be done along with registration. The old beneficiaries were given time till July 31 for KYC. It has passed. Beneficiaries who have not done KYC will not get the amount of 12th installment of PM Kisan Samman Nidhi.

Bank of Baroda changed the rules for payment by check
BOB or Bank of Baroda has changed the rules for payment by check from today. Now positive pay system will be mandatory for checks of 5 lakh or more. This change has been made to secure check payment and prevent fraud.

Expansion

From today i.e. August 1, some important changes have taken place. While commercial LPG cylinders have become cheaper, now the penalty will have to be paid for filing income tax returns. Let us know if the rules have changed. Commercial LPG cylinder of 19 kg has become cheaper from today. Indian Oil has reduced its price by Rs.

Now commercial gas cylinder will be available in Delhi for Rs 1976.50. Last month it was available in 2012.50 for Rs. Now it will be available in Kolkata for Rs 2095.50, in Mumbai for 1936.50 and in Chennai for Rs 2141. Last month also, the prices of commercial cylinders were reduced, while domestic cooking gas cylinders became costlier by Rs 50. The prices of domestic gas cylinders have remained the same. At present, a 14.2 kg LPG cylinder is available for Rs 1053 in Delhi, Rs 1053 in Mumbai, Rs 1079 in Kolkata and Rs 1068.50 in Chennai.

5000 thousand rupees fine for filing return

Now a fine of Rs 5000 will be imposed for filing income tax return. The government had fixed July 31 as the last date for filing returns, which has passed yesterday. Till now the date has not been extended, so the returnees will have to pay a fine of up to five thousand rupees. Those whose annual income is less than Rs 5 lakh, they will have to pay Rs 1000 as late fee. If the annual income exceeds 5 lakhs, a fine of Rs 5000 will have to be paid.

Kisan Samman Nidhi will not be available without KYC

Now KYC has become mandatory to get the benefit of Pradhan Mantri Kisan Samman Nidhi Yojana. To take the benefits of the scheme, KYC has to be done along with registration. The old beneficiaries were given time till July 31 for KYC. It has passed. Beneficiaries who have not done KYC will not get the amount of 12th installment of PM Kisan Samman Nidhi.

Bank of Baroda changed the rules for payment by check

BOB or Bank of Baroda has changed the rules for payment by check from today. Now positive pay system will be mandatory for checks of 5 lakh or more. This change has been made to secure check payment and prevent fraud.