6 changes in October, commercial cylinder costlier by Rs 48: Rules of PAN card and Sukanya Samriddhi Yojana changed; flight tickets may become cheaper

From today i.e. from October 1, 2024, a 19 kg commercial gas cylinder has become costlier by Rs 48. Now it will be available for Rs 1740 in Delhi. There has been a change in the rules related to PPF and Sukanya account. The rules related to making PAN have also been changed.

Apart from this, air travel may become cheaper due to falling prices of aviation fuel. Oil marketing companies have reduced the prices of Aviation Turbine Fuel (ATF) by Rs 6,099 per kiloliter (1000 litres).

6 changes that will happen in the month of October…

1. Commercial gas cylinder becomes expensive: Price increased by Rs 48, no change in domestic cylinder prices. From today, a 19 kg commercial cylinder has become costlier by Rs 48.50. The price in Delhi has now increased by Rs 48.50 to Rs 1740. Earlier it was available for ₹ 1691.50. In Kolkata, it is available at ₹ 1850.50, increasing by Rs 48, earlier its price was ₹ 1802.50.

In Mumbai, the cylinder price has increased by Rs 48.50 from Rs 1644 to Rs 1692.50. Cylinder is available for Rs 1903 in Chennai. However, there is no change in the price of 14.2 KG domestic gas cylinder. It is available for ₹ 803 in Delhi and ₹ 802.50 in Mumbai.

2. ATF cheaper by Rs 4,567.76: Air travel can become cheaper

Oil marketing companies have reduced the prices of ATF in metros. This can make air travel cheaper. According to the website of Indian Oil, ATF in Delhi has become cheaper by Rs 5883 to Rs 87,597.22 per kiloliter (1000 litres). Whereas in Kolkata, ATF has become cheaper by Rs 5,687.64 to Rs 90,610.80 per kilolitre.

In Mumbai, ATF was available at Rs 87,432.78 per kilolitre, now it will become cheaper by Rs 5,566.65 and will be available at Rs 81,866.13. ATF price in Chennai has decreased by Rs 6,099.89. It is now available at Rs 90,964.43 per kilolitre.

3. Change in PPF account rules: Separate interest for minors

There has been a change in the rules related to PPF account from today. According to the new rules, if a PPF account is in the name of a minor, then the interest rate of Post Office Savings Account will be applicable till he turns 18 years of age. The existing interest rate of PPF will be applicable on the account only after the account holder turns 18 years of age. The maturity period of the account will be calculated from that date.

Whereas if someone has more than one PPF account then interest rate will be paid on one basic main account. If the amount in the main account is less than the prescribed investment limit (1.5 lakh), the amount in the second account will be merged into the first. After this merger, you will be given interest on the total amount as per the interest rate of PPF. However, the total amount of both the accounts together should not exceed Rs 1.5 lakh.

4. Sukanya Samriddhi Yojana Rule Change: Only legal guardians will be able to open the account

A major change has been made related to the Sukanya Samriddhi Yojana run by the Central Government especially for daughters. Under this, from now on only legal guardians of daughters will be able to open and operate these accounts in their name.

If a girl’s Sukanya account has been opened by a person who is not her legal parent, then she will have to transfer the account to her legal parents. In case of not doing so, that account may be closed.

5. Rules changed for PAN: Aadhaar enrollment ID will not be able to be used.

From now on, Aadhaar Enrollment ID will not be used in place of Aadhaar number for paying income tax or making PAN card. The purpose of this change is to prevent misuse of PAN number. Along with this, it will also prevent a person from making more than one PAN.

6. Transaction fees reduced: NSE and BSE made changes in the slab structure.

NSE and BSE have changed the transaction fees charged for cash and futures and options trades. The transaction fee for cash market in NSE will now be Rs 2.97/lakh traded value. Whereas the transaction fee in equity futures will be Rs 1.73/lakh traded value.

Whereas options will have premium value of Rs 35.03/lakh. In the currency derivatives segment, NSE has kept the transaction fee for futures at Rs 0.35/lakh traded value. Whereas in currency options and interest rate options this fee will be Rs 31.1/lakh premium value. Read full news

No change in petrol and diesel prices: Petrol in Delhi Rs 94.72 per liter

There has been no change in the prices of petrol and diesel even today i.e. on 1st October. At present, petrol in Delhi is being sold at Rs 94.72 per liter while diesel is being sold at Rs 87.62 per litre. Whereas in Mumbai petrol is available at Rs 103.44 and diesel at Rs 89.97 per litre.