There have been three modifications throughout the usa from these days i.e. November 1. Now a business gas-cylinder will be more cost effective by means of Rs 115, on the different hand, jet gas has end up expensive, which can also amplify the fare. Apart from this, the policies associated to GST have additionally been changed. Petrol expenditures have been predicted to drop through forty paise per liter from today, however oil groups have now not modified the prices.
1. Commercial gas-cylinders are cheap
Oil advertising organizations these days decreased the charge of a 19 kg industrial cooking fuel cylinder by means of Rs 115.50. This is the seventh decline in industrial cooking fuel costs considering the fact that June as worldwide strength costs eased. Overall the fee has come down by means of Rs 610. However, there has been no trade in the rate of 14.2 kg home cylinder. On July 6, its rate used to be elevated through Rs 50 per unit.
The charge of a 19 kg industrial LPG cylinder in Delhi has come down from Rs 1,859 to Rs 1,744. The rate of a business cylinder in Kolkata has come down from Rs 1,959.00 to Rs 1,846. In Mumbai, the fee has long past up to Rs 1,696 as a substitute of Rs 1,811.50. A 19 kg industrial cylinder in Chennai has been decreased from Rs 2,009.50 to Rs 1,893.
2. Increase in expenses of jet fuel
The fee of Aviation Turbine Fuel (ATF) or Jet Fuel has been accelerated by means of Rs 4842.37 from today. Jet gasoline expenses for home airways are going for walks at Rs 1,20,362.54 per kiloliter in Delhi, Rs 1,27,023.83 per kiloliter in Kolkata, Rs 1,19,266.36 per kiloliter in Mumbai and Rs 1,24,998.48 per kiloliter in Chennai. Rising expenses can make air journey extra expensive.
3. Change in GST return rules
GST return regulations have been modified from today. Now taxpayers with a turnover of much less than 5 crores will have to enter the four-digit HSN code in the GST return. Earlier two-digit HSN code had to be entered, however now taxpayers with a turnover of extra than 5 crores will have to enter a six-digit code.
There is no discount in petrol-diesel prices
Petrol costs had been predicted to drop by way of forty paise per liter from today, however oil groups have now not modified the prices. In Delhi, the capital of the country, the rate of one liter of petrol is Rs 96.72 and the rate of one liter of diesel is Rs 89.62. 1 liter petrol charge in Chennai is Rs 102.63 and diesel fee is Rs 94.24 per litre. Petrol rate in Kolkata is Rs 106.03 and diesel rate is Rs 92.76 per litre. In Mumbai, petrol is promoting at Rs 106.31 per litre, whilst diesel is promoting at Rs 94.27 per litre.
KYC is now not obligatory for non-life insurance
Insurance regulator Insurance Regulatory Development Authority of India (IRDAI) used to be supposed to make KYC obligatory for shopping for non-life insurance plan policies, however no authentic notification has been issued about it yet.
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OTP for LPG cylinder delivery
Delivery of LPG cylinder will be carried out solely after offering OTP. This rule was once supposed to come into impact from today, however no notification has been issued with the aid of the oil advertising agencies in this regard. There have been reviews that after reserving from 1st November OTP will be despatched to your registered mobile. At the time of gasoline transport you have to supply OTP, solely then you will get the cylinder.
