Saturday, May 4, 2024

UPI will be permitted to charge Rs 5 lakh in IPO fees, and the Purvanchal Expressway will be subject to tolls; these are three significant changes from today.

There has been an inflationary shock since today, May 1. Oil firms raised the price of commercial gas cylinders by Rs 102 on May 1. Aside from that, tolls will have to be paid on the 340-kilometer Purvanchal Expressway that connects Lucknow with Ghazipur, Uttar Pradesh’s capital. If you start using new services in the next month, inflation may take a toll on your wallet. These are the things we’re informing you about.

The payment limit for UPI will be increased.

in the initial public offering Retail investors would be allowed to invest up to Rs 5 lakh in an IPO using UPI. Currently, up to Rs 2 lakh can be invested in an IPO using UPI, but this limit will be doubled to Rs 5 lakh on May 1.

Purvanchal Expressway has a toll tax that must be paid. That is to say, your trip on this expressway is suddenly going to be costly. According to media sources, the Purvanchal Expressway’s toll tax collecting rate might be as high as Rs 2.45 per kilometer.

The price of a gas cylinder is rising. A 19-kilogram commercial LPG cylinder has increased in price by Rs 102. In the capital, Delhi, the cost of a new cylinder is now Rs 2355. Domestic cylinder prices, on the other hand, have remained unchanged. On April 1, the price of commercial cylinders increased. Its price has been raised by Rs 250 so far.

In major cities, the price of an LPG cylinder is Rs.

city 14.2 kg ones 19 kg ones
Delhi 949.50 2355
Mumbai 949.50 2307
Kolkata 976.00 2455
Chennai 965.50 2508

 

Read More: According to the government, retail investors who invest in LIC’s first public offering will earn handsomely.

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