New Rule from 1st August 2024: These major rules will change from August 1- check List here

Rule Changing from 1 August 2024 : Every month there is a change in the rules related to money. Many rules will also change in the month of August. The country’s largest private sector bank HDFC is going to change the rules of its credit card.

These new rules will come into effect from 1 August 2024. The price of LPG gas cylinder will also be decided on the first date of the month. Check the new rules.

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LPG Gas Cylinder Price

The prices of LPG gas cylinders are fixed on the first of every month. Last month, the government reduced the prices of 19 kg commercial cylinders. This time too, it is expected that the government will reduce the prices of cylinders.

Change in HDFC Bank Credit Card Rules – Transaction Charges

Customers using CRED, Cheq, MobiKwik, Freecharge and other such services to pay for fare will be charged 1% on the transaction amount, limited to ₹3000 per transaction. Fuel transactions will not attract any extra charge for transactions less than ₹15,000 per transaction. However, transactions above ₹15,000 will attract 1% on the entire amount, limited to ₹3,000 per transaction.

Utility Transactions

No extra charge will be levied on transactions below ₹50,000. Transactions above ₹50,000 will attract a 1% charge on the entire amount, limited to ₹3000 per transaction. It is important to note that insurance transactions are exempt from this charge. Payments made directly through college or school websites or their POS machines will be charge-free. However, transactions made through third party apps like CRED, Cheq, MobiKwik and others will attract a 1% charge, limited to ₹3000 per transaction.

The late payment charge process has been revised based on the outstanding amount from ₹100 to ₹1,300. Availing the Easy-EMI option at any online or offline store will attract an EMI processing charge of up to ₹299. HDFC Bank said that all the charges mentioned above are subject to GST as per government regulations. Apart from this, HDFC Bank will implement the change in its Tata Neu Infinity and Tata Neu Plus credit cards from August 1, 2024. From August 1, 2024, users of Tata New Infinity HDFC Bank credit card will get 1.5% NewCoins on eligible UPI transactions made using Tata New UPI ID.

Google Maps changed the rules, reduced the charges by 70%

Google Maps has made significant changes to its rules in India, which will be applicable across the country from August 1, 2024. The company has reduced the charges for its services in India by up to 70 percent. Along with this, now Google Maps will charge for its services in Indian rupees instead of dollars. However, this change will not affect the common users as no additional charge has been levied on them.

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