The month of November (November 2023) has started from today and like every month this month has also brought many big changes in the country (rule changes from 1st November). While there has been a major shock due to the hike in LPG cylinder prices on the very first day, there has also been a change in the GST rules. These changes will directly impact your pocket from today. Let’s see 5 such major changes…
First change: LPG cylinder prices increased
On the first day of every month, oil marketing companies revise LPG prices. During the festive season, on August 30, the government brought a huge relief to the common man by drastically reducing the prices of 14 kg cooking gas cylinders, but the prices of commercial gas cylinders continued to rise. From the first date of this month i.e. November 1, 2023, there has been a big shock once again and the price of a 19 kg gas cylinder has been increased by Rs 103. This hike in gas prices ahead of Diwali will hit the pockets of business users heavily.
According to the IOCL website, from today, a 19 kg commercial LPG cylinder will be available at Rs 1,833 in the capital Delhi, which was earlier available at Rs 1,731. Talking about other metros, its price has increased to Rs 1785.50 in Mumbai, which was Rs 1684 earlier. At the same time, in Kolkata it will be sold at Rs 1943.00 instead of Rs 1839.50, while in Chennai its price has increased to Rs 1999.50, which was Rs 1898 till now.
Second change: jet fuel cheaper
The second big change with the beginning of November is for air travelers. Yes, the ever-increasing price of Air Turbine Fuel (ATF) has come to a halt. After successive hikes, on November 1, 2023, OMCs have finally reduced the price of ATF by Rs 1074 per kilolitre. The increased prices are effective from today.
Third change: GST invoice
The third major change from today is related to GST. According to the National Informatics Centre, it was announced that from November 1, 2023, businesses with a turnover of Rs 100 crore or more will have to upload GST challans on the e-challan portal within 30 days. These rules will apply to businessmen. Implemented from today.
Fourth change: Transaction on BSE
The Bombay Stock Exchange (BSE), which has 30 shares of the stock market, had last October announced an increase in fees on transactions in the derivative segment of equities and the change also came into effect today from November 1, 2023. is This will affect stock market investors and they will have to pay extra money on transactions from the first date.
Fifth change: Ban on these buses in Delhi
Entry of BS-3 and BS-4 diesel buses has been banned in Delhi-NCR from November 1 to curb rising pollution. According to PTI, now such diesel buses coming from Uttar Pradesh, Haryana and Rajasthan adjacent to Delhi will not be able to enter the capital Delhi. Now only Electric, CNG and Bharat Stage (BS-6) buses will enter Delhi.