Money Rules Changing from 1 April from EPFO ​​to NPS these changes are going to be effective from tomorrow

There is going to be a big change in the Employees Provident Fund Organization (EPFO) from tomorrow. If an employee changes job in the new financial year, his PF account will now automatically be transferred to the new employer. Earlier it was transferred only on the request of subscribers.

The new tax regime will become the default tax regime from the new financial year. If a person does not choose any tax regime, then his ITR will be filed under the new tax regime only.

Fastag without KYC will be deactivated from tomorrow. It has become mandatory to update KYC in Fastag before April 1.

There is going to be a change in the rules for login to NPS account from tomorrow. PFRDA has made Aadhaar-based authentication mandatory in NPS account. In such a situation, to log in to the NPS account, along with the ID password, you will also have to enter the OTP received on the mobile number linked to Aadhaar.

Giving a shock to the customers, SBI has decided to increase the annual maintenance fee of its debit card. The new rules will come into effect from tomorrow. Apart from this, reward points available on rent payment through SBI credit card are also being discontinued.

From tomorrow, ICICI Bank will provide complimentary airport lounge access to customers who spend up to Rs 35,000 on their credit cards in a quarter. Whereas Yes Bank will give domestic airport lounge access on spending Rs 10,000 in a quarter.

There is going to be a change in the insurance sector also from tomorrow. Now the surrender value on policy surrender will depend on the number of years in which you have surrendered the policy. The new rules will come into effect from April 1.

From tomorrow you will have to shell out more money for many medicines. The drug price regulator has decided to increase the prices of some essential medicines like pain killers, antibiotics and anti-infection medicines under the National List of Essential Medicines (NLEM). The new prices will come into effect from April 1.