August 1st Rule Change: What will change from Today from UPI-LPG to Trump Tarif, know what the effect will be on the ordinary man's pocket?
Every month, new changes come. In this order, nowadays, that is, from August 1, some rules also change that can have a direct effect on you. These changes include UPI, LPG gas prices and many important rules associated with banking. These changes are of such a nature that will directly affect your daily tasks and your bags. In such a situation, you need to know about these important changes in the time and accordingly that your plans must be made. UPI: Now the balance will only be able to check 50 times a day, very major changes occur from August 1st. The biggest change is that you can only check the balance 50 times a day. You can only see the list of bank accounts 25 times. Changes in the time of Autope Transaction can also now only be completed in the changes, installments, mutual funds SIP and OTT subscription only in the changes, installments. Autope transaction time is held before 10am, 1pm to 5pm and 9:30 pm. This means that if your Netflix account is cut at 11 o’clock, it can now be cut before or after. Similarly, if your UPI payment fails, you only get three opportunities to check its condition. You must wait for 90 seconds between each attempt. The Banking Amendment Act will come into effect from 1 August, the most important provisions of the Banking Act (Amendment Act), 2025. Improvement in audit in public sector banks and increasing the term of office of directors in cooperative banks. Now, public sector banks will be allowed to transfer shares, interest and mortgage amount in investor education and conservation funds. For new marketing hours for market rper and trilateral repo operations, working hours will be increased by an hour to 4pm for market restoration and three -party repo operations. The new time is from 9am to 4pm. A good news for UPI users who are not GST about UPI transactions over R 2,000 is also that there is no suggestion to install GST on UPI transactions worth more than R 2,000. Recently, some similar reports came out, after which Pankaj Chaudhary said on July 22 on July 22 in the Rajya Sabha that the GST council had not recommended GST on UPI transactions. 25% US rates will now apply from August 7, US President Donald Trump’s order to draw up 25% tariff on the import from India will now apply from August 7. President Trump issued this order late at night. Earlier, the US tariff would be in effect today (August 1). As a result, most products exported from India to the US will become expensive. It is believed that it could shock Indian exporters, as the US is a large buyer of Indian products, and if US rates grow on goods sent from India, citizens there may prefer goods to come from other countries at low rates rather than Indian products. Commercial LPG gas cylinder prices lowered oil marketing companies have reduced the prices of commercial LPG gas cylinders. The price of 19 kg commercial LPG cylinder has been reduced by Rs 33.50, which will be in effect from 1 August 2025. After the new prices have been implemented, the price of 19 kg of commercial LPG cylinder will be in Delhi Rs 1631.50 from 1 August, which is currently at Rs 1665,00. However, the ordinary consumers received no relief. There was no change in the prices of domestic LPG cylinder with 14.2 kg. The prices of LPG cylinders are reviewed on the first date of each month. This time, this change is only limited to commercial cylinders.