As of October 1, 2020, many rules will change, motor vehicle rules, Ujjwala scheme, health insurance, credit and debit card rules will change from today. That is why it is important that you know them beforehand. Let us know what is going to change starting October 1.
1) No physical verification of documents such as driving license and RC
The stress of keeping a hard copy of documents like RC and driver’s license together while driving is going to end. You can now drive a vehicle with only a valid electronic copy of these documents attached to the vehicle.The Ministry of Road Transport and Highways has issued a notification of several of these amendments made to the 1989 Motor Vehicle Rules, which will take effect as of starting October 1. . In a step to facilitate the convenience of travelers, the central government is ready to digitize documents, including vehicle maintenance, driving licenses and electronic challans, which will now be made through an information technology portal starting at the October 1, 2020. Drivers can keep their vehicle documents Central government online portal such as Digi-locker or m-parivahan.
2) Mobile phones only for route navigation
In accordance with the amendments made to the 1989 Motor Vehicle Regulations by the Ministry of Road Transport and Highways, you can now use your mobile for route navigation in such a way that it does not disturb the driver’s concentration while driving.
3) The LPG connection will not be free
Under the brand name Pradhan Mantri Ujjwala Yojana (PMUY), the process to obtain a gas connection for free ends on September 30, 2020. The Union cabinet had approved an extension until the end of September to dispose of gas cylinders of free cooking under PMUY.
4) A 5% tax will be applied to the transfer of foreign funds.
Any amount sent abroad to buy foreign tour packages and any other foreign remittance previously made. ₹7 lakh, will attract a tax collected at the source (TCS) from October 1, unless the tax has already been deducted at the source (TDS) on that amount. While the tax on foreign tour packages will be 5% for any amount, for other foreign remittances, the tax will apply only to the amount previously spent ₹7 lakh.
5) Candy sellers must show “ best before date ”
Candy stores will now have to declare the “ best before ” date for loose or unwrapped candy available in their store. The Food Safety and Standards Authority of India (FSSAI) has directed candy store owners to adhere to the protocol from October 1.
6) New health insurance rules will be implemented
Changes in health insurance coverage, of course, have been introduced in the wake of Covid-19. Prices for premium healthcare services will eventually go up. New health insurance rules to be introduced after the inclusion of Covid-19 will make 17 permanent illnesses out of coverage.
7) Buying televisions can be expensive
The open cell panels will receive a 5% import duty starting October 1, and the government said it will not extend a duty waiver that expires at the end of this month. As part of ‘Atmanirbhar Bharat’, the government wants to expand the domestic production capacity of open cell panels so that imports can be curbed. The one-year exemption granted to the item expires today, September 30.
8) RBI’s new credit and debit card rules
The Reserve Bank of India (RBI) has issued new guidelines to protect debit and credit cards. These changes will be effective as of October 1, 2020. According to the new guidelines, card users will now be able to register to opt-in or opt out of services, spending limits, etc. for international transactions, online transactions and contactless cards. proceedings.
9) FSSAI prohibits mixing mustard oil with any other cooking oil
The food regulator FSSAI has banned the mixing of mustard oil with any other cooking oil as of October 1. In a letter to the food safety commissioner of all Union states and territories, FSSAI said that “mixing mustard oil with any other edible oil in India has been banned as of October 1, 2020.”
10) New system of taxes collected at source (TCS)
The Income Tax Department issued guidelines for the applicability of the TCS provision that requires an e-commerce operator to deduct 1 percent tax on the sale of goods and services. The new regime of taxes collected at source (TCS) will take effect from October 1. The Finance Act of 2020 inserted a new section 194-O into the Income Tax Act of 1961 which states that, as of October 1, 2020, an e-commerce operator will deduct income tax at the rate 1 percent of the gross amount. sale of goods or provision of service or both, facilitated through its installation or digital or electronic platform.
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