November month is almost at the end and December is about to start. Every month many rules get updated, like LPG Cylinder price to credit card use rules and some banking rules. So, it is very important to be updated about these rules. What are the changes coming from December 2024? Read this article to know more.
LPG Price Change from December
The first thing people need to know on the 1st date of the month is the LPG Cylinder price. It’s the most important expense in almost every household in India. Even slight changes in pricing can disrupt the monthly spending budget. Not only this, commercial cylinder prices also influence the market as food selling to various businesses uses these cylinders. On 1st December Oil Companies will reveal the new prices.
TRAI New rules for OTP
One of the major changes that is going to happen from 1st December is with OTP. Telecom Regulatory Authority of India has ordered Telecom Companies like Jio, Airtel, Vi, and BSNL to make sure all commercial messages are traceable. Previously deadline of 31st October was given but later it was extended to 31st November. This means from the 1st of December OTPs can take longer to deliver. Also, TRAI ordered telecom companies to publish all network availability-related information on their websites.
SBI Credit Card Rules
State Bank of India has changed its Credit Cards rules, which will be effective from 1st December 2024. The new rule will implement a 1% charge on utility bills of more than Rs 50,000. But if utility bills are below Rs 50,000 no charges will be added.
Axis Bank Credit Card Rules
Axis Bank is going to implement a new charge from 20th December 2024. The reward points you earn with EDGE rewards, will be charged a Rs 99 fee + 18% GST while redeeming. Also, if you want to transfer points to any mileage program then Rs 199 + 18% GST will be imposed.
