Any change in banking rules or interest rates affects millions of people. Changes in rules governing railways and post offices, as well as changes in LPG prices, are among the most special and worth knowing. As a result, changes to these items are implemented on the first of the month.
As all of you are aware that some of the rules & regulations change with each new month. Some restrictions and tariffs will be altered beginning February 1, 2022. In this article, we are going to let you know about the same.
Changes In Rules of SBI’s IMPS Rules
The State Bank of India (SBI) is the country's largest lender. And in such a case, any change in the bank's rate for any transaction has an impact on the general public, even though the bank's IMPS rates are set to change on February 1. On IMPS up to Rs 2 lakh, the State Bank would no longer levy any fees. Similarly, following the RBI's decision to increase the IMPS limit to Rs 5 lakh, the bank has increased the IMPS limit to Rs 5 lakh.
State Bank, on the other hand, has stated that customers who use internet banking/banking will not be able to do so. The customer will not charge you a fee if you make IMPS up to Rs 5 lakh through a digital channel such as mobile banking (including YONO SBI).
IMPS via Branch will be Costly
According to a State Bank of India, if a person makes IMPS through a banking channel, the fee that has already been issued to that person will be preserved. Yes, and there would be no fee on IMPS up to Rs 1,000 from the bank's branch, according to this.
IMPS between Rs 1,000 and Rs 10,000 will be charged Rs 2 + GST, IMPs between Rs 10,000 and Rs 1 lakh will be charged Rs 4 + GST, and IMPs between Rs 1 lakh and Rs 2 lakh will be charged Rs 12 + GST, as before. Let us inform you that a new slab has been added, ranging from Rs 2 lakh to Rs 5 lakh. This slab requires a payment of Rs 20 + GST.
LPG Cylinder Price
Cooking gas is used by millions of people in India, and as a result, all eyes are on the price of LPG cylinder gas price. Let us explain that oil marketing organizations publish LPG and commercial cylinder rates on the same day each month. In fact, non-subsidized LPG cylinders cost Rs 899 in Delhi right now. It cost Rs 50.
At the same time, the rate in Kolkata is Rs 926 and in Mumbai it is Rs 899. In Chennai, the price range is between Rs 50 to Rs 915. It cost Rs 50. Apart from that, the price of a commercial cylinder in Delhi in 1998. Rs 50 in Kolkata, Rs 2,076, Rs 1,948.50 in Mumbai, and Rs 2,131 in Chennai.
Union Budget 2022
On February 1, 2022, the Finance Minister Nirmala Sitharaman is going to present a Union Budget for 2022-23.
