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From LPG gas prices to bank holidays, the day continues. In such a case, there may be changes in many rules in August as well. Also, complete any important work you do by 31st July. Otherwise, you may be in big trouble later. Let’s know what are the big changes happening from August 1, which will affect your budget:
LPG Cylinder Prices: On the first day of the month, oil companies review domestic and commercial cylinder prices. LPG cylinder price is likely to change in August. Apart from this, a change can also be expected in the rates of PNG and CNG.
Special FD of SBI: The last date to invest in Amrit Kalash Yojana of State Bank of India, the country’s largest state-owned bank, is August 15, 2023. If you also want to invest like this, do this ahead of time.
FD of IDFC: IDFC Bank has launched an FD scheme for Amrit Mahotsav FD customers which is valid till August 15, 2023. In such a case, you should invest before the deadline, otherwise you will lose the opportunity.
Bank holidays: There are bank holidays in the month of August. There will be a total of 14 days bank holiday including festivals and weekly holidays in various states. If you also have any work that cannot be completed by going to the branch, then complete it immediately.
Penalty on filing ITR from first date: Let us know that the last date for filing ITR is near. Penalty will have to be paid if income tax return is not filed by July 31. A fine of Rs 5,000 will be imposed from August 1. For those whose annual income is less than 5 lakh, there is a penalty of 1 thousand rupees. Please inform that the last date for late ITR filing is 31 December 2023.
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