The start of each new month ushers forth new regulations. Starting on March 1, several financial and budgetary regulations will change including Fastag KYC. The modifications to these regulations will also have an impact on your pocketbook and budget. There are other significant revisions to the rules, such as Fastag KYC and LPG petrol cylinders, that take effect on March 1.
Cost of an LPG cylinder
The cost of an LPG cylinder can vary as of March 1. Oil firms reveal the pricing of LPG cylinders on the first of each month. The oil companies will also announce the new petrol cylinder prices on March 1. The cost of an LPG cylinder remained unchanged in February. All eyes are currently on March 1. It’s thought that this time oil companies may make a slight decline in the price of gas cylinders. If we look at the current gas cylinder rates, the price of a 14.2 kg domestic LPG gas cylinder is Rs 1053 in Delhi, Rs 1052.50 in Mumbai, and Rs 1068.50 in Chennai.
The rules for Fastag KYC will alter on March 1.
This is your last chance to complete the KYC if your car has Fastag installed. The deadline for finishing Fastag’s KYC has been set by the National Highway Authorities of India (NHAI) on February 29. Your Fastag will be blocked or deactivated if you don’t finish the KYC process by the deadline. You will be required to pay double toll tax if this occurs.
Bank to close for 14 days
March will see several extended bank holidays. Throughout the month, banks will be closed for fourteen days. Banks will be closed for 14 days in March if the holidays on two Saturdays and Sundays are also counted.
Social media regulations
have altered as a result of government IT regulations. The revised guidelines will take effect on March 1. The new regulations stipulate that posting false information on social media platforms like X, Facebook, YouTube, and Instagram will result in a hefty fine. The purpose of this action is to increase social media safety.
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