From driver’s licenses, free LPG connections to the Motor Vehicle Law – here are rules that will change from October 1

Representative image. Twitter / Chandigarh Traffic Police

As of October 1, 2020, a number of rules will be changed, including the motor vehicle rules, the Ujjwala scheme, health insurance, and credit and debit card rules. Here’s a look at what’s going to change starting tomorrow.

Health insurance

Starting in October 2020, health insurance coverage will be expanded and more illnesses will be included in the health insurance policy. The rejection or acceptance of claims will be made within 30 days. Permanent illness out of coverage will be reduced to 17, indicating that the premium may increase.

No claim will be rejected after 8 years of the policyholder paying the premium.

In addition, the pharmacy, implant and diagnosis will not be associated as medical expenses and the insured will obtain a full claim for these. The amount of the claim is expected to be reduced as of October 1 due to the inclusion of associated medical expenses.

If you want to migrate to products from other companies, the previous waiting period will be included, reported Zee News.

Central Motor Vehicle Rules, 1989

As of October 2020, vehicle documents found validated through electronic means will no longer be required on physical forms for inspection.

The details of driving licenses that have been disqualified or revoked by the authority will be recorded and updated chronologically on the portal.

Additionally, drivers can maintain their vehicle documents on the central government’s online portal, including Digilocker and m-parivahan.

It should also be noted that, according to the amendments made to the 1989 Motor Vehicle Rules by the Ministry of Road Transport and Highways, mobile phones can only be used for route navigation in a way that does not disturb concentration. driver while driving. .

The LPG connection under the PMUY scheme will no longer be free

Under Pradhan Mantri Ujjwala Yojana (PMUY), the process of making use of a gas connection for free will come to an end on September 30.

The Union government had announced in March three 14.2 kg LPG cylinders at no cost to Ujjwala beneficiaries of approximately Rs 8 million from April to June to help them cope with economic pain due to the COVID pandemic. 19.

Income tax

According to the latest guidelines from the Central Board of Direct Taxes (CBDT), taxes deducted at the source (TDS) and taxes collected at the source (TCS) for e-commerce transactions will take effect from 1 October. The levies will apply to the sale of products over Rs 50 lakh, with exemption for an individual and HUF earning less than Rs 5 lakh and providing PAN / Aadhaar.

An electronic commerce operator will deduct income tax at the rate of 1 percent of the gross amount of the sale of goods or service provision or both, facilitated through its installation or digital or electronic platform, according to a report in The Indian Express.

5 percent tax that will be applied to the transfer of foreign funds

Three new TCS provisions have been introduced in the Finance Act 2020. These will come into effect from October 1, 2020. A TCS of 5 percent will be applied on any amount exceeding Rs 7 lakh in a year financial for foreign remittances under RBI’s Liberalized Remittance Scheme (LRS).

The 5 percent TCS will be applied on the purchase of a tour package abroad regardless of its value and a 0.1 percent TCS will also be charged on the sale of goods for more than Rs 50 lakh in one year. Increased TCS rates have been prescribed for non-PAN / Aadhaar cases.

Candy sellers will have to display the expiration date

Under the order of the Food Safety and Standards Authority of India (FSSAI), sellers of sweets as of October 1, 2020 will be required to declare the “ best before date ”, or expiration date, of all loose or unwrapped candy available at your store.

Additionally, candy stores must list the date the candy was made on the label while it is being sold.

Buy television to become more expensive

Prices for televisions could rise from October 2020, as the 5 percent import duty grant, offered last year, on open cell panels ends on September 30.

New credit and debit card rules

The RBI has issued new guidelines to protect credit and debit cards and the changes will take effect on October 1, 2020. Under the new guidelines, card users will now be able to register to opt-in or opt out of services, spending limits, including for international transactions, online transactions, and contactless card transactions.