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There will be many Big! Rules changes from next month, know what will affect you

Rule Change From 1 December 2022: The last month of the year 2022 is going to start in December. In such a situation, many rules have been changed (Rule Change From December 2022), which will have a direct impact on your everyday life. From the LPG Cylinder Price to the pension rules are changing. Pension money can be stopped if the pensioners do not submit the Life Certificate. At the same time, there is going to be a change in the timing of trains as well. Let us know what will be the effect on your life in the month of December…?

Will be able to fill the return with fine

If you have not yet filed the income tax return for 2021-22, then you can file it till December 31 with a fine. If your total income is less than Rs 5 lakh, then you will have to pay a penalty of Rs 1,000. If the total income exceeds Rs 5 lakh, the penalty amount will increase to Rs 5,000.

Third installment of advance tax

The last date for filing the third installment of advance tax for 2022-23 is December 15. Those whose annual income tax is more than Rs 10,000, they have to deposit advance tax. If by December 15, they do not deposit 75 per cent tax in advance or deposit less tax, then one per cent interest will be charged.

Third installment of advance tax: The last date for filing the third installment of advance tax for 2022-23 is December 15. Those whose annual income tax is more than Rs 10,000, they have to deposit advance tax. If by December 15, they do not deposit 75 per cent tax in advance or deposit less tax, then one per cent interest will be charged.

Correction of mistake in IT return

It is possible that you have filled the income tax return for the financial year 2021-22 and there has been a mistake in it. In such a situation, you can file a revised return by 31 December. After this the mistake will not be rectified. Because of this, you may get a notice from the Income Tax Department.

life certificate

Those taking pension from the government have to submit life certificate every year. The last date to submit it is November 30. Those who have not submitted the life certificate by the end of this month may face inconvenience in doing so from December 1.

It is safe to withdraw money from ATM

Punjab National Bank is going to make another change in view of security. Now while inserting the card on ATM, OTP will come on your registered mobile number. Only after entering OTP, you will be able to withdraw cash (OTP Based Cash Withdrawal). PNB has taken this step to prevent fraud.

There will be a change in the time table of trains

Dense fog starts falling at most places in December. For this reason, to avoid the effect of cold and fog, the Railways is making elaborate arrangements. Railways is making changes in the timing of many trains. From December, the train will operate the trains with the new time table. Although the timing of which trains will be changed, it will be decided only after December 1.

gas price changes

CNG and PNG prices change on the first date or first week of every month across the country. In such a situation, it may or may not change with the increase or decrease in prices on a given date.

Holidays will start in banks

Banks will remain closed for 14 days next month. Among the 14 days of bank holidays, the second and fourth Saturdays and all Sundays are weekly holidays. Christmas, the last day of the year and Guru Gobind Singh Ji’s birthday is also coming in December, on this day there is a holiday in banks.

Feast of St. Francis Xavier: Banks are closed in Goa
December 5 (Monday): Gujarat Legislative Assembly Elections 2022: Banks are closed in Gujarat due to election
December 12 (Monday): Pa-Togan Nengminja Sangma: Banks are closed in Meghalaya

December 19 (Monday): Goa Liberation Day: Banks are closed in Goa
December 24 (Saturday): Christmas Festival: Banks are closed in Meghalaya
December 26 (Monday): Christmas Celebration/Losoong/Namsoong: Banks are closed in Mizoram, Sikkim, and Meghalaya.
December 29 (Thursday): Guru Gobind Singh Ji Birthday: Banks are closed in Chandigarh.

December 30 (Friday): U Kiang Nangbah: Banks are closed in Meghalaya.
December 31 (Saturday): New Year’s Eve: Banks are closed in Mizoram.

THANKING YOU.

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