Winning Bizness Sports Desk
Mumbai. On the first day of every month many changes take place in the country, likewise many big changes are going to happen from 1st September. These changes will have a direct impact on the common man's pocket and lifestyle. The impact of these changes will be seen everywhere from the stock market to cooking gas. Therefore, it is very important to know detailed information about these changes. Let's know, in detail about the changes.
LPG Cylinder Prices
Oil and gas distribution companies in the country change the rates on the first day of every month. In such a situation, LPG prices have also been revised. The central government has given relief in LPG cylinder prices two days ago. The government has reduced the price of 14.2 kg LPG cylinder by Rs 200.
T+3 Rule for IPOs
Market regulator SEBI has halved the time limit for listing of a company's stocks in the stock market after the closing of the Initial Public Offering (IPO) to three days. Earlier this time limit was six days. This new rule of listing will benefit the companies issuing IPOs as well as the investors. SEBI has already issued a notification in this regard. In its notification, SEBI has said that the new listing timing rules will be applied voluntarily for all IPOs on or after September 1, 2023. Also, from December 1, 2023, companies will have to comply with the rules compulsorily. SEBI had approved the T+3 rule in its meeting held on June 28.
Axis Bank Credit Card Rules will change
September 1, 2023 is going to be important for customers using Axis Bank Magnus Credit Card. The terms and conditions of this credit card may undergo major changes from September one. According to information shared on the bank's website, customers will not be able to avail special discounts on certain transactions from next month. Not only this, another shocking change related to this credit card will be seen, that is, from September 1, the new card holders will also have to pay the annual fee, the information has been given on the website.
Last chance to update Aadhaar
If you want to update Aadhaar card for free then you have last chance to update it. UIDAI has provided the facility of Aadhaar update free of cost. It expires on September 14. Earlier this facility was available till June 14. After that, the deadline was extended for three months. If you have not yet updated Aadhaar, please update Aadhaar as soon as possible.
16 days bank holiday in September
RBI has announced the list of bank holidays and banks are going to be closed for 16 days in the entire month. These bank holidays may vary depending on the festivals and events taking place in different states. It also includes Sunday, second and fourth Saturday holidays. On one hand the festivals of Krishna Janmashtami, Ganesh Chaturthi and Eid-e-Milad-un-Nabi are coming next month in September of 2023, on the other hand Sundays and second-fourth Saturdays on 3rd, 9th, 10th, 17th, 23rd and 24th of September will cause banks to operate.
