1 January 2023: There will be a big change in many rules ranging from bank locker, credit card

Changes From 1 January 2023: After a few days, the new year is going to start and the new year is starting with many changes. Many rules related to bank lockers, credit cards, and mobile will change. Along with this, the prices of gas cylinders and vehicles can also increase. All these changes will directly affect your pocket. Let me explain the modifications that will take effect on January 1, 2023.

Vehicles will become expensive

Vehicle prices will rise starting of the new year. From January 1, 2023, vehicle prices will rise for Maruti Suzuki, Hyundai Motor, Tata Motors, Mercedes-Benz, Audi, Renault, Kia India, and MG Motor.

There will be a change in the rules of the bank locker,
Apart from this, from January 1, the Reserve Bank will issue an agreement to all locker holders and customers will have to sign it. As per the new RBI rules, banks will decide whether there are any unfair terms and conditions in their locker agreement.

There will be a change in the rules related to
Apart from this, there will be a change in the rules related to credit card. HDFC Bank is also going to change the refund point and fees. In addition, SBI has chosen to modify certain of the card games’ rules.

There will be a change in the prices of gas cylinders,

In addition, the cost of gas cylinders is evaluated on the first day of each month. Every month on the first, government oil firms lower or raise the price of gas cylinders.

There will be a change in the rules

GST rules will also change from January 1. Entrepreneurs will now need to produce e-invoices if their annual revenue exceeds 5 crores.

There will be a change in the rules of mobile,

Apart from this, registration of IMEI number of every phone will be necessary for every phone manufacturer and its import-export company from the first date.

Read More: Lic New Policy: The government is giving a tremendous offer to become rich, you will get Rs 48 lakh on an investment of only Rs 70

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