1st Dec Rule Change: These 5 big changes are going to be implemented from December 1, check details
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The month of November is about to end and the last month of the year 2024, December, is going to bring with it many big changes (Rule Change From 1st December). The direct impact of these financial changes can be seen on every home and every pocket.
These big changes to be implemented in the country with the first date of the new month include changes related to the revision of LPG gas cylinder prices to the credit card of the country’s largest bank SBI (SBI Credit Card Rule).
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First change-
Like every month, many rules are going to change on the first date of this month i.e. from 1 December 2024, which will have a direct impact on the pockets of the common people. On the first date of November, there was an increase in the price of 19 kg commercial LPG gas cylinder. Let us tell you that oil and gas distribution companies revise the prices on the first day of every month and this can be seen this time as well. It is expected that the 14 kg domestic gas cylinder (LPG Cylinder Price) which has been stable for a long time can be revised.
Second change – Change in ATF prices
Along with the prices of LPG cylinders, the price of Air Turbine Fuel (ATF) is also revised by the oil distribution companies on the first of the month. After this, a change in the price of aviation fuel can also be seen on December 1. The change in this can have a direct impact on air passengers.
Third Change- SBI Credit Card Rules
The third major change from December 1, 2024 is related to credit card users (Credit Card Rule Change). Actually, if you use SBI Credit Card specifically for transactions related to digital gaming platforms / merchants, then new rules are coming into effect from the first of December. According to the website of SBI Cards, 48 credit cards will no longer give reward points on transactions related to digital gaming platforms / merchants.
Fourth change – You will have to wait for OTP.
TRAI has decided to implement traceability rules related to commercial messages and OTP. Earlier, telecom companies had to implement it by 31 October, but after the demand of many companies, its deadline was extended to 31 November. Telecom companies can implement this rule of TRAI from 1 December. The purpose of this rule change is that all messages sent by telecom companies will be traceable, so that cases of phishing and spam can be stopped. Due to the new rules, customers may face delay in OTP delivery.
Fifth change – Bank Holiday
If you have any important work related to the bank in the month of December, then let us tell you that more than half of the days in the last month of the year, December, are declared as bank holidays. If we look at the RBI’s bank holiday list, these bank holidays have been decided on the basis of different festivals and events in different states and these include second and fourth Saturdays as well as Sunday weekly holidays. You can see this bank holiday list on the official website of the Reserve Bank.
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