Center changes 10 rules that you should know

Phones for navigation only

According to the amendments made in the Motor Vehicles Rules 1989 by the Ministry of Road Transport and Highways, you will now be able to use mobile phones for navigation purposes.

Free LPG connection not anymore

Under the Pradhan Mantri Ujjwala Yojana (PMUY) the process of getting free gas connection is ending on 30 September.

No more carrying physical document for driving licenses and RC

The tension of keeping a hard copy of driving licenses and RC while driving is going to end. Now you can drive a vehicle with a valid soft copy of your document. In a step towards easing commuter convenience, the central government is set to digitize documents including maintenance of vehicles, driving licenses and e-challans that will now be done through an information technology portal from 1 October 2020.

Sweet sellers will need to display ‘best before date’

Sweet owners now have to show “best before date” of non-packaged or loose sweets available in their shops. FSSAI has directed the sweet shop owners to adhere to the protocol from 1 October.

New health insurance rules to be implemented

The changes in the health insurance cover have of course been introduced in the aftermath of Covid-19. The prices for premium health services will eventually rise. 

FSSAI bans blending of mustard oil with any other cooking oil

Food regulator FSSAI has banned blending of mustard oil with any other cooking oil with effect from October 1. In a letter to the commissioner of food safety of all states and Union Territories, FSSAI said the “blending of mustard oil with any other edible oil in India has been prohibited with effect from October 1, 2020.”

New Tax Collected at Source (TCS) regime

The Income Tax Department issued guidelines for applicability of TCS provision which requires an e-commerce operator to deduct 1 per cent tax on sale of goods and services. The new Tax Collected at Source (TCS) regime will come into effect from October 1. From October 1, 2020, an e-commerce operator shall deduct income tax at the rate of 1 percent of the gross amount of sale of goods or provision of service or both, facilitated through its digital or electronic facility or platform.

 RBI’s new credit and debit card rules

The Reserve Bank of India (RBI) has issued new guidelines to secure debit and credit cards. These changes will be effective from 1st October 2020. 

5% tax will be levied on foreign fund transfer

Any amount sent abroad to buy foreign tour packages, and every other foreign remittance made above ₹7 lakh, will attract a tax-collected-at source (TCS) beginning 1 October unless tax is already deducted at source (TDS) on that amount.

Buying television sets can be expensive

Open cell panels will attract 5% import duty from 1 October, with the government saying that a duty exemption expiring at the end of this month will not be extended. As part of ‘Atma Nirbhar Bharat’ the government is keen to expand domestic production capacity for open cell panels so that imports can be curbed.

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