New Delhi : There are going to be five major changes in India from 1 June 2021. These changes will have a direct impact on your life. On one hand, you will get relief from these new rules, on the other hand, if you do not take care of some things, then you can also suffer financial loss. So it is necessary for you to know about them.
The public can get relief in the price of gas cylinders from tomorrow, while if the government oil companies increase the price, it will be another blow for them in this era of inflation. With this, air travel is also going to be expensive from tomorrow. Taxpayers will not be able to use the Income Tax Department’s web portal from June 1 to June 6. Keeping in mind the safety of customers, Bank of Baroda is going to change the rules related to check payment and the unlimited storage of Google Photos will also be eliminated.
* Cylinder prices will change
Oil companies review the prices of LPG cylinders at the beginning of every month. Therefore, from June 1, 2021, the price of cylinders may decrease or increase across the country. The tax varies from state to state and the LPG prices vary accordingly. To check the price of LPG cylinders, you have to go to the website of the government oil company. Companies here issue new rates every month. (https://iocl.com/Products/IndaneGas.aspx) On this link you can check the price of your city gas cylinder.
* Income tax department’s web portal will remain closed till June 6
Early next month the Income Tax Department is preparing to introduce a new e-filing web portal for taxpayers, which can be used for ITR filing and other tax related tasks. The existing web portal will be closed from June 1 to June 6. An order issued by the system wing of the department said that the work of moving from the old portal to the new portal will be completed and it will be operational by June 7. Taxpayers will not be able to login on the existing website (incometaxindiaefilling.gov.in) from June 1, 2021. You can visit INCOMETAX.GOV.IN for new website.
* Bank of Baroda changed the rules related to check payment
Keeping in mind the increasing fraud, Bank of Baroda has made a big change in the rule related to check payment for customers. Bank of Baroda is introducing positive pay system. This rule will be effective from June 1, 2021. Under the positive pay system, the person issuing the check will also have to send the information about his check to his bank. Checks with more than the specified amount will have to be reconfirmed with this system. The person issuing the check will have to re-inform about the date of the check, beneficiary’s name, recipient and payment amount electronically. Off Baroda customers will have to reconfirm the information of the check under the positive pay system only when it issues a bank check of two lakh rupees or more.
* Unlimited storage of Google Photos is ending
Unlimited storage of Google Photos app Google Photos is ending. The company announced this in November last year that it is going to end the unlimited storage available with Google Photos. This means that users who want more than 15 GB of storage with a Gmail account will have to purchase separate storage. As of now, users can upload unlimited photos in high quality in Google Photos.
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