From LPG cylinder prices to interest rates, THESE 5 changes will affect common man from June 1

New Delhi: Like each month, a couple of changes will be applied from the first of June by the Indian authorities. Some of those changes such because the small saving schemes Sukanya Samriddhi or LPG Gas Cylinder value change straight affect the pocket of a common man. 

Here are the 5 changes which might be probably to affect you from June 1

1. Income tax’s e-tax submitting website will be closed from June 1

The official e-tax submitting website of the Income Tax Department will not work from June 1 to 6, 2021, because the division is transferring to a brand new trendy platform. The IT division will roll out the brand new website on June 7, which signifies that you’ll give you the chance to file your ITR from June 7 onwards. The URL of the up to date web site will be http://INCOMETAX.GOV.IN. 

2. Bank of Baroda to introduce a Positive pay system 

Bank of Baroda goes to introduce a optimistic pay system to defend its clients from financial institution frauds. Under this method, the financial institution will verify the small print with the shopper in case of a cheque value Rs 2 lakh or extra. 

3. LPG Cylinder Price change

Oil corporations are probably to change the prices of LPG cylinder from June 1, identical to how they replace it on the first of each month. However, many instances the charges stay unchanged too. At current, the value of a 14.2 KG LPG cylinder, which is usually utilized in our households, is Rs 809 in Delhi. 

4. Interest Rate changes of Small Savings Schemes

In the month of June, interest charges of a number of Small Saving Schemes such because the PPF, NSC, KVP and Sukanya Samriddhi are up for a change. The authorities changes the interest charges of those schemes each three months. However, there have been many cases when the interest charges go unchanged for the following month. 

5. Google Photos free limitless storage service to finish

Google is ending its free limitless cloud storage for ‘Photos’. Users will now solely get a 15 GB free house to add their photographs and movies on the Google Photos platform. However, they will purchase the Google One subscription which is priced at Rs 130 monthly or Rs 1300 a yr to proceed having fun with limitless cloud storage on Google Photos.

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