From tomorrow 5 rules including OTP for gas cylinders..!?

Sowmiya Sriram
From tomorrow 5 rules including OTP for gas cylinders..!?

It is known that some important announcements will be made on the first day of every month. In particular, there will be a change in LPG cylinder prices and also new rules will come into effect in some banks. In this situation, there will be 5 important changes from tomorrow i.e. 1st November. Now let's see what those changes are. It is known that KYC has become essential nowadays and this KYC system containing the vital details of a customer has been made mandatory in many places including banks. In this case, KYC has been declared mandatory for insurance claims from november 1. The Insurance Regulatory and Development Authority of india (IRDAI) has announced that KYC verification will be mandatory for health and general insurance from november 1, 2022. It is important to note that although there is currently a KYC verification system, it is not mandatory.
It has been made mandatory from november 1, whereas till now OTP was not mandatory for the delivery of LPG cylinders. Henceforth when booking LPG cylinders, OTP will be sent to the registered mobile number of the consumer. It is to be noted that the cylinder will be delivered only if the OTP number is given at the time of cylinder delivery.
New rules for power subsidy in delhi will come into effect from tomorrow. Today, october 31, was announced as the last day to apply for electricity subsidy for the month of October. delhi Chief minister arvind kejriwal had said that those who have not yet applied for subsidy should pay the non-subsidized bills. Of the 58 lakh household electricity consumers in delhi, 47 lakh are receiving the subsidy.
Taxpayers with income below Rs 5 crore will be made mandatory to provide a four-digit HSN code number in their GST returns from tomorrow. indian Railways has announced new timetables for some long-distance trains.
The new schedule will come into effect from november 1. The new timetable is said to change the timing of 13,000 passenger trains and 7,000 freight trains.
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