Change is inevitable but what if the change will lead to rise in prices? New rules and regulations are coming into effect from March 1. How will it affect the consumers?
There is going to be change in LPG rates and price of fuel is expected to rise even in March.
Fuel Price: Fuel price have reached at an all time high. Dharmendra Pradhan, union minister had hinted that the price will decrease but there are many hurdles and price of fuel is likely to rise in the near future.
Change in LPG rates: Thrice the rates of LPG have increased in India. Reportedly, now a 14.2 kg cylinder is priced at Rs 794 in Delhi. It costs Rs 745.50 in Kolkata and Rs 735 in Chennai.
KYC becomes mandatory for SBI: It will be mandatory to get the KYC done for SBI customers.
Rs 2,000 note: Customers will no longer be able to withdraw a note of Rs 2,000 from Indian bank ATMs. They will get it from the counter only.
Mandatory FasTag: Customers will have to pay Rs 100 for purchasing FasTag from March 1, according to National Highways Authority of India (NHAI).