Rules associated with mutual funds, credit cards, income tax and UPI will be changed from tomorrow
April 1 Rule Change: Mutual Funds, Credit Cards, Income Tax and UPI will change from tomorrow last updated: March 31, 2025, 07:17 IST will change mutual funds, credit cards, revenue records, UPI and GST from 1 April 2025. New tax sheets, denselycker facility, uniform pension chop and release of TDS will apply. The new tax plate will be implemented from 1 April. Highlights will change mutual funds, credit cards, income tax rules from 1 April 2025. In the new tax page, 10% tax is charged on revenue of up to £ 12 lakhs. Settings for mutual fund can store in Digilocker. New -delhi. The new financial year 2025-26 starts tomorrow, that is, April 1st. With the beginning of the new year, many rules related to mutual funds, credit cards, UPI transactions, income tax and GST will change. This will affect investors, taxpayers and ordinary people. Therefore, if you are related to mutual funds, credit cards, UPI transactions or income taxes, it is very important for you to know about these changes in the rules. The Securities and Exchange Board of India, ie Sebi, has changed some rules associated with investment in mutual funds, which will apply from 1 April 2025. If an asset management company (AMC) cannot invest during this period, it can get 30 days more expansion with the approval of the investment committee. If there is no investment within 60 days, AMC will be prevented from taking new investments and investors will be allowed to go out without any fine. Sebi has launched a new category called Specialized Investment Fund (SIFS), which will be a category between mutual funds and portfolio management services (PMS). It will require at least £ 10 lakh for investment. Only the same AMC can introduce it, whose average asset under management (AUM) has been over £ 10,000 over the past three years. Also reading bank account is yours, money is yours, but will spend girlfriends, the new function of UPI payment has come to the market. From April 1, investors will digitally be able to digitally save in their Demat and Mutual Fund keeping and access to it. This will reduce the problem of unsuccessful assets and it is easy to access the assets to the nominee. The new tax plate will be implemented from 1 April. The government has increased the limit of tax -free revenue from £ 7 lakh to £ 12 lakh under the new tax structure, which will give a major advantage for middle class taxpayers. New tax pages in the new tax regime will be as follows: Revenue to £ 4 lakh – no tax from £ 4 lakh to £ 8 lakh – 5% tax of 5% tax of £ 8 to £ 16 lakh – 15% of £ 16 lakh to £ 16 lakh – from £ 16 to £ 16 to £ to £ 16 to £ 16 to £ 16 to £ 16 to £ 16 to £ 16 to £ 16 to £ 16 to £ 16 £ to £ to £ 16 to £ 16 to £ 16 to £ to £ to £ 16 to £ 16 to £ 16 to £ £ to £ to £ to £ 16 to £ 16 to £ to £ to £ to £ to £ to £ to £ to £ to £ to £ to £ to 16 lakh – 20% from £ 16 to £ 16 Lakh to £ to £ to £ to £ 16 to £ 20% ₹ 20 Lakh to ₹ 24 Lakh – 25% Tax ₹ 24 Lakh – 25% Tax ₹ 24 Lakhs – 25% Tax ₹ 24 Lakhs – 30% Tax Gst Gst and 30% Tax Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst Gst g or e-Invoicing will be mandatory to upload e-invoices within 30 days on the Invoice Registration Portal on the invoice registration portal from 1 April 2025. Earlier, this rule applied to companies with more than £ 100 crore. Unified Pension Scheme will be implemented from April 1, 2025, Unified Pension Scheme (UPS) will be implemented under the National Pension System (NPS). This scheme will guarantee fixed pension for central employees. Employees whose service will last at least 25 years will get 50% of the average basic salary of the past 12 months as a pension. The National Payment Corporation (NPCI) has ordered banks and payment service providers (PSPs) to update their databases by March 31, 2025. Instructions were given to remove mobile numbers that were re -fried or closed. If your cellphone number is closed under the Telecommunications (DOT) Department, your Bank and UPI app can remove it from your record, which could affect UPI services. So make sure your bank account is connected to an active cellphone number. TDS release will not take TDS to send up to Rs 10 Lakh for fees or other issues of children studying abroad under the Liberalized Remedy Scheme (LRS) from April 1, 2025. Earlier, 5% TDS had to be paid on an amount of more than 7 lakh calls. Credit cards will be changed. Many banks also change the rules associated with credit cards from April 1. Reward points on SWIGGY of SBI SimplyClick Credit Card will now be 5x instead of 10x, but Mantra, Book Ministries and Apollo 24 | 10x Rewards Points will still be available at 7 7. The reward points received at Air India Ticket Discussion from Air India SBI Platinum credit card will be reduced from 15 to 5 per £ 100. There will be no new milestone advantage for the IDBI First Bank’s Club Vistara credit card. Location: New -delhi, New -delhi, Delhi First published: 31 March 2025, 07:17 IST House Businesses will be changed from tomorrow, mutual funds, credit cards, income tax and UPI rules will be changed tomorrow