Changes From July: Mark the date of 1st July in your calendar, because from 1st July many big changes are going to happen in your life, which is going to affect everything from your kitchen to your car. So let’s look at all the changes one by one, and prepare yourself for these changes in advance.
Withdrawing money from SBI ATM will be expensive
State Bank of India has made changes in many of its important rules, which will be applicable from July 1. After which, Cash Withdrawal from ATM will become expensive. State Bank of India has made some changes in the rules of its ATM and bank service. SBI customers will have to pay an additional charge for withdrawing money from the bank more than four times. Including bank ATMs. After withdrawing money four times, you will have to pay a fee of Rs 15 plus GST on every transaction. All new service charges will be applicable to SBI Basic Savings Bank Deposit (BSBD) account holders with effect from July 1, 2021.
2.SBI checkbook becomes expensive
SBI does not charge BSBD account holders for 10 checkbooks. But after 10 Rs 40 plus GST will be charged. At the same time, Rs 75 will be charged on a checkbook with 25 checks. 50 and GST charges will have to be paid on the emergency checkbook. However, senior citizens will be exempted from the new service charges on checkbooks. There will be no charge for withdrawal of money by bank BSBD account holders at home and from their own or another bank branch.
3.LPG cylinder prices will change
From July 1, the price of the LPG cylinder is revised. Oil companies have not increased prices in the month of June. But the way the prices of crude oil are increasing, it is feared that the prices of LPG cylinders can also be increased. Let us tell you that the prices of LPG cylinders are fixed on the first day of every month. At present, the price of a 14.2 kg LPG cylinder in Delhi is Rs 809.
4.TDS, TCS will be deducted more!
Preparations are on to charge more TDS, TCS from July 1 on those who do not file income tax returns. The Income Tax Department has decided that those who have not filed Income Tax Return (ITR) for the last two years will now be dealt with strictly. This rule will be applicable to those taxpayers whose annual TDS is Rs 50,000 or more.