2 rules will change in India from February 1. Many rules which are related to our everyday life are going to change from 1st February 2021. One rule which is going to change is like differ in the price of LPG gas cylinders. Even there is going to be new rules in the withdrawal of money from ATMs.
Again on February 1, Finance Minister Nirmala Sitharaman will present the budget and according to that she’ll decide either to decrease or increase the customs duty on the products. After the decisions taken by her, then again she gonna finalize about the price of products. Either the products can be expensive or cheap in the future days.
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2 TWO RULES WILL CHANGE IN INDIA FROM 1 FEBRUARY
Some of the changes in the rules
From 1st February, there will be a change in the price of cylinder gas. However, in December 2020, the LPG prices has increased twice. This year in January, companies did not raise the prices. Now, again in the month of February everyone is waiting for the companies decision, whether they’re going to increase the price or not. The companies fix the price of LPG cylinder and commercial cylinder in the first date of every month.
Again another change in the rules in the withdrawal of money from ATMs.
Punjab National Bank (PNB) is going to change the rules for the withdrawal of money from its ATMs from 1st February. They have taken this commendable step just to stop the growing ATM fraud across the country. This news are for those people too who have a bank account in Punjab National Bank.
From February 1, customers of PNB will not be able to withdraw money from non-EMV ATM machines. Punjab National Bank has given this information through twitter. They have tweeted about all this changes in the rule on it’s official Twitter account.
Non-EMV ATMs or non-EMV ATMs are those ATMs in which an ATM , credit or debit card are not used during the transaction. In those type of machines, the data card is read through a magnetic stripe.