There will be changes in some money-related rules in the month of August. Money-related rules change every month. From changes in HDFC credit card rules to LP gas cylinder prices, here are the changes that will be implemented from August 1 and will affect your expenses. Not only this, there will also be a penalty for filing ITR from August 1. Because July 31 is the last date to file ITR. Filing after this will attract a penalty of Rs 5,000.
There may be a change in the price of the LPG gas cylinder
LPG gas cylinder prices are fixed on the first of every month, which impacts everyone’s spending. In July, the government had reduced the price of 19 kg commercial cylinders and there is a possibility that LPG gas cylinder prices will be further reduced in August.
HDFC Bank Credit Card Rules
HDFC Bank has made a lot of changes from August 1, which will have a direct impact on its credit card holders. From August, all rental transactions made through third-party payment apps like PayTM, CRED, MobiKwik and Cheq will be charged 1% on the transaction amount, capped at Rs 3,000 per transaction. However, there will be no additional charges for fuel transactions below Rs 15,000 per transaction.
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Additionally, the late payment fee procedure has been revised from Rs 100 to Rs 1,300, depending on the outstanding amount. HDFC Bank will also be implementing changes to its Tata New Infinity and Tata New Plus credit cards from August 1. Tata New Infinity HDFC Bank credit card users will get 1.5% NewCoins on eligible UPI transactions made using Tata New UPI ID.
Google Maps changed the rules
Google Maps has changed its rules in India that will come into effect from August 1. The company has reduced the charges for its services in India by up to 70 percent, but this will not affect ordinary users as the tech giant has not imposed any additional charges on them.
